Bitcoin Technical  Analysis: BTC/USD price action spells potential danger to the big $6000 level

• Bitcoin price holding on to very modest gains on Friday, seen up around 1%.  
• BTC/USD price action does still suggest some danger remains, as a bearish pennant pattern is eyed.  

BTC/USD 60-minute chart  

Spot rate:                   .6315.0

Relative change:       +1.01%

High:                          6353.4

Low:                           6220.3

Trend:                        Bearish

Resistance  1:            6225.0, upper part of pennant.  

Resistance  2:            6250.5, resistance on 60-minute chart.

Resistance  3:            6400-500, big prior serving demand area.

Support 1:                 6190.0, lower part of pennant.  

Support  2:                 6115.0,  support on 60-minute chart.  

Support  3:                 6060.0, long wick low 11 October.