BTC/USD might not have enough volume of support and time to hit 12k before the CME resistance that might happen on Jan 26th which most believe will see BTC/USD hitting a lot of selling resistance pushing the value to previously untested levels of support during the rise to 19.9k USD.
While we're in our retracement back to those levels after the parabolic move to 19.9k USD, BTC needs to show levels of support at 8400-9400 USD which are previously untested.