BTC Forming a Bearish Pattern

Bitcoin price is forming a flag pattern which its breakout can lead to either a big drop ($11,600, $11,409, and $11,350, if broken at the button) or it might resume the uptrend up to the strong resistance line. Breaking the resistance line can lead BTCUSD to $12,4068 and $12,476 as the next resistance points.


Past analysis and signals worked very well: