Further Development
Analyzing the current trading chart of BTC, I found that BTC is testing the key pivot resistance at the price of $11,950 and you should watch carefully that level for the further directional play.
Rejection of the pivot resistance at $11,950 can represent opportunity for downside rotation towards the $11,600
The breakout with strong momentum of $11,950 can represent potential for further upside movement towards $12,300
Key Pivot level is set at $1,950-$12,000