It found resistance at 12740 (blue horizontal line) which has acted as a previous support on 4 previous occasions in 2018 - so will prove to be a strong level. This is also the 0.786 fib level of the recent rise.
Having broken through previous resistance (red line) this is now starting to provide support for an upward movement. If BTC continues to get support from the bulls and chases this support, passing through blue then we will likely see continued upward movement. I would take profits on the up movement on the key fib levels to 1.618.
This is not investment advice. Keen to hear other views in the comments below.
The below chart shows the current support/resistance levels in blue. BTC really needs to close above the next 11800 level on the 8hour or daily to show the bulls are back in control