Bitcoin Technical Analysis: Experts forecast above $16,000 by end of the year

• Bitcoin price nursing minor losses late on Monday, seen down just some 0.30%.
• Experts panel median forecast for Bitcoin is above $16,000 by the end of this year.
• BTC/USD over the past seven sessions, has closed up in the green on daily five of those.

BTC/USD daily chart  

Spot rate:                   6397.8

Relative change:       -0.38%

High:                          6464.0

Low:                           6316.9

Trend:                        Bullish

Support 1:                 6338.2,    daily pivot point S1.

Support  2:                  6254.0, daily pivot point S2..

Support  3:                 6191.0, daily pivot point S3.

Resistance  1:            6476.3, 50DMA.

Resistance  2:            6585.0, 100DMA.

Resistance  3:            6632.4, daily pivot point resistance.