Bitcoin's price has been consolidating in a narrow range, but a close above $11,000 could trigger a significant breakout. Technical indicators are signaling a bullish trend, with the RSI and MACD both pointing upwards. A strong close above resistance could propel BTC to $12,000 or higher.

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Interesting analysis! With RSI and MACD aligning bullish, a push above $11,000 could indeed signal a move towards $12,000. Stay tuned for that pivotal price level!