Bitcoin after hitting 12400 is stuck in a bearish channel. RSI is also beaten and it is very low providing a gloomy scene. However the on 4H plot , Bitcoin might take support of trendline and break the bearish channel upward. Stochastic is showing nascent bullishness . if RSI move above 50 with Pirce crossing 11850 , one can expect BTC to go up til 12300.