Bitcoin is looking to bounce around the 61,8% Fibonacci retracement area. We still have a massive bull flag and the Weekly 50 and 100 MA are going to cross shortly ( previously very bullish ). There is also the CME Bitcoin futures chart and its gap at 11.9k - for some strange reason, the gaps keep getting filled.
Trade safely and HODL on!
PS. This move may become a failed bounce at any point, so taking profit never hurt anyone.