BTC reached a new high yesterday, And it had to retrace a little bit and so it did. Now after it finished retracing I put up a Fib Extension to see where it might lead us before retracing again, and it shows around 11900. which is also a resistance level. This theory is supported by RSI as it shows more space for a pump.
Also, Another thing to notice, According to Gann if we break through the 11080 level it could lead to a huge pump which supports what I said previously.
Disclaimer: This analysis is based on my thoughts and should be followed with your own responsibility.