BTC is discovering a flat zone between $10925 and $11215. Probably it can take another day or two to rest and accumulate inside this zone, however, the priority is still upward. This huge dump from 12K is nothing but a correction that we needed from $11300 point.
Together with the gap upwards, the break of $11215 can lead the price back up to $11500 and 12k. Best plan is to wait for this breakout and a retest to open a long position!