As you can see, Bitcoin broke through the downtrend resistance and is headed towards a new resistance of 11.7k
We have a new support at around 11,150. If Bitcoin breaks through its resistance of 11.7, the next resistance will be found right at around 12k. If this momentum continues, we could easily see a 13k Bitcoin by the end of this month. The only thing that worries me, currently, is that the volume is very low. We need to see a pickup in volume, to really see a bullish market return. If volume tapers off, we could see Bitcoin drop below 11k again. In my opinion, Bitcoin is still looking very bullish.
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