The Bitcoin is currently above $9,300, and the bullish recovery seems well underway. Nevertheless, before the BTC is in confirmed bullish trend, it will be necessary that the resistance at $11,800 is exceeded.
This former support/resistance area has already been tested 8 times and is therefore solid. If the BTC crosses its resistance at $9,860, the prices should be headed towards $11,800 and it will then be necessary to be careful !
However, a correction is not impossible until this key level is tested!