Having just taken out the 12800 level BCT looks likely to test 12500/ Trading thru that level would signal a likely test of the 11775 level. The next level is the low from Dec 22 at 10400. Major trendline support does not com in until much lower at 7860. Should BTC be able to rally it needs to trade above 14015 to show true strength. A close above 14720 is needed to show impressive strength. The technical picture is looking quite poor right now.