$11000 has been a level that BTC has reacted to prior as a major support or resistance level. Recently we've seen each rally lasting shorter and shorter periods on lower and lower volume. This suggests that $11000 should bring in some sellers and profit taking. Look for a bounce lower off $11000 to $9500 and $7000 support levels lower.
Trade active:
Double top confirmed at $11800 suggests topping formation. Testing $9500 minor support level, break below that brings $7000 target.