Further Development
Analyzing the current trading chart of Bitcoin, I found that there is still sideways regime and contraction watching the daily time-frame.
My advice is to watch for the breakout of the support or resistance to confirm furher direction.
The breakout of support at $10,150, might confirm downside movement towards $9015
The upside breakout of the resistance at $11,100 might confirm the bullish movement towards $12,000
Key Levels:
Resistance: $11,100
Support level: $10,150