Bitcoin likely short rally to 12600

At current rate BTC . RSI is stable neither over sold or brought. A likely over brought can break the resistance climbing to test new 2 weeks high.

From yesterday's Bitcoin Price dip , it quickly recovered showing that bears are falling. Expecting short term climb 12500.

Again Bitcoin for me is in downtrend unless it breaks through the downtrend shown in purple which will establish bullish signals.
Chart PatternsTrend Analysis

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