In the past few sessions, bitcoin price mostly traded in a range above the USD 11,650 support. Currently (08:30 UTC), BTC seems to be facing a strong resistance near the USD 12,000 level. A successful close above USD 12,000 may perhaps start a steady rise towards USD 12,400 or even USD 12,500.
Similarly, most major altcoins are setting up for the next break, including ethereum, XRP, litecoin,