Bitcoin has topped out at 11,7k$ from the multi-year Support and Resistance
If bitcoin can handle this daily candle close above 11,7k$. We might see the new resistance at around 13-14k$ (Watch out these level too)
Bitcoin Still bullish unless drop below 6k$ we might see couple months of bear season. This is the corrections of Elliot-Wave from Wave 3 to Wave 4 before massive bullrun and making a new ATH levels.
*DISCLAIMER ON
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$ 8,500 Will be the Take profit area.
Consider to make it higher because there will be Huge Demand in psychology levels.