1) Traders will take Short Positions on test of pivot line around 9400, If they succeed with the supply line then BTC will retrace back to test 8k level again to form Reversal Pattern as suggested earlier.
2) Short Squeeze: If Shorters failed by Bulls and try to cover their short positions by buying more and more BTC => resulting in Fake Breakout upto 11k
"A short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock. Short squeezes result when short sellers cover their positions on a stock, resulting in buying volume that drives the stock price up."
Remember: We are still in Downtrend below counter trendline