In just the last couple of hours, Bitcoin has managed to push above the resistance seen at $11,400, and is now showing considerable momentum towards $12,000, the next major resistance. Already traders and analysts are responding to what this could mean.

Currently the price of Bitcoin has just touched on $11,600 level and is eyeballing $11.7K:
BTC/USD Chart provided by Tradingview
Already voices from across twitter are beginning to respond to this exciting break. Some are just in awe:
Others are still concerned about the relatively poor performance of most Altcoins at the moment:
Some are concerned that this pump is not supported by enough volume to be sustained:
And there are those who see no reason this run could not carry us a lot higher:
The next few hours could be critical for where Bitcoin goes next. As always, stay right here with Chepicap for all updates on this fast moving price action!
Source Article :- https://www.chepicap.com/en/news/10769/bitcoin-breaks-major-resistance-at-11-400-is-12k-next-.html