Last night BTC went for a few hours Rally, but did not support it and falls to the prior resistance at 11700 that is now acting as a solid Support. But! If we see the Support and 1 (Blue) and 2 they are both creating a , so not so bull right now.
Any way, be carefull BTC may break the 12200 Resistance but needs to have enough , or fall below the 11700 Support. If this last scenario happens, its going to hurt A LOT!
For God sake market needs to terminate this January Bear season soon!