For me that's not impossible to achieve as everything is going well now with Bitcoin. Specially the website banning is reviewed hope all turns good for Bitcoin and a lot is upgrading to blockchain. Cryptocurrency will be phenomenon, according to Tech Billionaire Tim Draper. We all see that how internet change the world. How much more is Bitcoin. I believe in it and $11,700 is not impossible to reach. Last year December it reach $19,000 how much more is $11,700. So excited what will be the last price of Bitcoin by the end of the year.

I'm hoping that the price will climb to that level $11,700 and hope that we can get a strong buy supports but we can expect a resistance as those who bought at the dip will dumps and get their profits as this is normal in this technology.

In a massive rebound from last week's 20 percent decline, bitcoin surged on Sunday to a record high above $ 11,700.

The digital currency hit an all-time high of $ 11,773.83, up 8 percent on the day, according to CoinDesk. That means 30.5 percent, or nearly $ 2,753, from a low of $ 9,021.85 that occurred since Thursday.

Rapid recovery action is the latest action in the 'wild' movement of bitcoin. Cryptocurrency has crossed the closely watched $ 10,000 mark on Tuesday and reached $ 11,000 on Wednesday, just to drop more than $ 1,000 in hours amid high trading volumes that were initially exchanged for exchange

I do not understand anything, does this charts seem to indicate a fall or am I seeing wrong? whatever we are going to be patient that the price will rise, now we are waging a great war bitcoin vs banks, the winner of this war will dictate the rules in the future, bitcoin has a chance to win this war. because the world is looking for the technology to be able to evolve and consequently it will be inevitable to accept bitcoin and altcoins in the future

if i see later, bitcoin will reach $ 13500, because there is double valley, so after reaching that price, bitcoin will experience price correction, which we can later use to buy back before price of flying

That was possible but i guess it take a few years before the price climb in that dollar. The crypto or btc is just becoming popular now . So this could be the start of new company, new biggest investor, and rising of economy of online digital currency

I like bitcoin even though I use ethereum. Because bitcoin has a most valuable price. And I get too much profit from that. And I love Bitcoin because it has a fast transaction.

I think it is too early to tell as It doesnt go with one of them, and hardly both. It is a very volatile instrument that is affected by many factors

Cheers

I think prices move basically by the control of fundamentals. Fundamental analysis includes news which is also called as part of fuds. They are very important movers of the market and affects or improves the market very well.

Good you said it is going to be confirmed under $5800 which I would not actually be surprised anyway, but I do not see it getting as low as $3000. Even if it does, there is going to be a rapid buying which would even make some buy orders not to hit. So far, the bear still owns the market, so anything is possible actually, but at the same time, since we cannot predict the future we just have to watch out for the break out either up or down.

The market situation is better now compared to what we had in last week. But we cannot be sure what this week is having to surprise us in coming days. I am praying to God for trend change because except praying I has nothing to do for a better future for bitcoins.