Based on the chart it looks like there is some resistance at $7,600 and some support at $6,400. It seems like there is a possibility of it being able to hold above 7 if it makes it there but may be tough to get past 7.6k within the coming months. Some people think that it could hit 30k by the end of the year, others think that it will hit 8k. Truth is no one really knows where it is going to go.