Sure, the bulls might try to retest that resistance near $11800 from here but I won't lie to you, they have got NO CHANCE... HELL, NO! If you see a green spike from here and you get in, I can guarantee you that you will get REKT! What I would like to see is for Bitcoin to correct lower before moving on to the next phase of the bull market that we are in. Over the near term, I would expect price to make a lower low down to the (key support).
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