Uptrend on the BTC stumbled on the Angle resistance not reaching the 12000.0 level. Such behavior talks in favor of the reverse Head And Shoulders figure scenario: the price will take another dive from the 12000.0 high to the support levels 10000.0 and 9000.0 or even lower to the 200-days EMA to gain volumes and then test 12000.0 resistance again.
Nonetheless, while the price stays above the recently formed 11000.0 support and the uptrend angle line the bias stays bullish, so BTC still has a chance to break the 12000.0 resistance and resume growing scenario.
In case of breakthrough below the 11000.0, we will have 10000.0 and 9000.0 support levels and 200-days EMA (at 8750.0 now) to hold the price and send it to one more upward rally.
Nonetheless, while the price stays above the recently formed 11000.0 support and the uptrend angle line the bias stays bullish, so BTC still has a chance to break the 12000.0 resistance and resume growing scenario.
In case of breakthrough below the 11000.0, we will have 10000.0 and 9000.0 support levels and 200-days EMA (at 8750.0 now) to hold the price and send it to one more upward rally.