The Bitcoin price is pushing towards the $12,000 mark, a crucial resistance level. If it breaks through, we could see a significant surge in the short term. However, a rejection at this level could lead to a correction. Keep an eye on the daily RSI and MACD indicators for signs of a potential reversal.

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I'm closely watching the RSI and MACD indicators for a potential reversal. A break above $12,000 could be a sign of a new uptrend, but a rejection could indicate a correction is near.