Bitcoin has been doing bullish since the last week and now it formed a bearish crab pattern near the $11.5K which can lead bitcoin to break $11.5K resistance. So it has a potential bullish effect at this point IMO.
Trade active:
As I expected this bearish crab made bitcoin to cross $11.5K resistance and nowit's ready for retest and shooting into $12K channel
Trade active:
Retest approved. Just hit $11.7K and now we have a retest in $11.5K and there we go for $12K