see 11K soon ?

[Victorycoin]

It doesn't matter whether it drop back again as long as you hold yours because sooner or later the price will move up like it had before $20k is going to be the past so if you bought that the heights but sold after the dip then you lose more than you could have profited/

That's right, the price of Bitcoin might drop right after testing the $11,000 price mark! It's a well known fact in the financial market that once a price level is tested, the significance is that bullish pressure is beginning to mount and sooner than later, a breakout is most likely. As I write, Bitcoin is going for $11,099.99 at Bitstamp, having touched $11,222.36 earlier. A rally is surely on the way, so it's still a good buy for those who have been sitting on the fence.

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[kryptqnick]

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

This is nonsensical question, nobody can predict real scenario (If you are not a big whale ofc). It all depends on market`s mood.

The question is not nonsense. As a matter of fact, the price is $11k already. What happens next can truly not be predicted for sure, I agree with you. Yet I disagree that whales can predict them here. In the area of main cryptocurrencies I don't believe in any sort of regulations, so even experts can't say for sure what's going to happen. I think the news affect the market more than attempts to reach certain results via trading.
My opinion is that $11k is not a game-changer. We've seen it there before and it went down afterwards. We can really speak about things getting better when we see something like $14k, because bitcoin wasn't even close to that lately.

[slaman29]

Well this is the third time in a week I've seen Bitcoin reach and breach 11k, it has yet to touch 12k but I believe if this level can hold all the way until Monday morning markets open in Asia, we'll definitely have a good chance of such. What we should really be hoping for though, is that it stays above 10k for the entire March. In fact, if it just keeps around 10-11 the whole month, that will be a serious preparation for a big big push. Bitcoin doesn't like to stay put though.

[Denker]

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

As you can see right now $11k is already a level bulls and bears are fighting hard for.
If we break up with some good momentum we maybe can reach $11400-$11700.
Then I think another profit taking will happen. So a pullback to 10800-10900 afterwards.
This all can play out in a few days.
For the longer term, speaking of 2-3 months I hope we will be able to move up to 13-14k.
I can't see us going significantly higher at the moment during that time. However Bitcoin always shows us that it doesn't give a damn and therefore it may prove me totally wrong.  

[btcmegastar]

Well this is the third time in a week I've seen Bitcoin reach and breach 11k, it has yet to touch 12k but I believe if this level can hold all the way until Monday morning markets open in Asia, we'll definitely have a good chance of such. What we should really be hoping for though, is that it stays above 10k for the entire March. In fact, if it just keeps around 10-11 the whole month, that will be a serious preparation for a big big push. Bitcoin doesn't like to stay put though.

We always dream it can stay in 10k to 11k for the whole month of the march is good but how whales and holders will react if the price of Bitcoin consolidates at 11k. But surely the price of bitcoin pushes to more than 15k, for that it should touch the 12k mark firstly.

[Lancusters]

IMHO we'll probably see the same pattern we've seen for the last month or so..e.g. two steps forward, one step back, two steps forward, one step back...etc. Every milestone tests a new confidence level. Analysts predict $40+ by EoY, so $11k shouldn't be a big psychological barrier considering the highs of last year. For me the next real test will be at $15k.

11K or 15K is very small. Bitcoin worth more than that. My opinion is that 25K is too small. It seems to me that it is wrong to get attached to a certain price of bitcoin. We can only state the actual price at a certain point. Most bitcoin users keep their coins and will not change tactics at any price.

[tabas]

Will be 15k in 5 more day

I don't think so. That's a very short amount of time compare with the recover of bitcoin from $6,000 to $11,000 and now its  stable at $10,000 so what you are thinking does only have a very small chance. I'm not saying it's impossible but the chance is very low.

[airdagon]

all this is just a prediction, at all events on the price, it has already been his way. but, everyone does not expect prices to fall back. we all also know it is quite difficult to increase if you see this situation.
IMO after $ 11k bitcoin prices will still go up and down, but after reaching $ 13k it will increase steadily until it reaches its peak.

[alyssa85]

Well this is the third time in a week I've seen Bitcoin reach and breach 11k, it has yet to touch 12k but I believe if this level can hold all the way until Monday morning markets open in Asia, we'll definitely have a good chance of such. What we should really be hoping for though, is that it stays above 10k for the entire March. In fact, if it just keeps around 10-11 the whole month, that will be a serious preparation for a big big push. Bitcoin doesn't like to stay put though.

It's back down tp $10,845. The bulls and bears are having an almighty battle at the moment.

[YuginKadoya]

all this is just a prediction, at all events on the price, it has already been his way. but, everyone does not expect prices to fall back. we all also know it is quite difficult to increase if you see this situation.
IMO after $ 11k bitcoin prices will still go up and down, but after reaching $ 13k it will increase steadily until it reaches its peak.

We are experiencing resistance with the price of bitcoin we can see from the movement of bitcoin always pulling out and back every time there is a resistance but yes if we can further go far beyond that $11,000 mark value we can definitely see that the value will begin to pump again if the price would go $13,000 or $14,000, The start of 2018 really is a difficult one for bitcoin and there is a lot of drama involve but we should learn from this and let's not make this a yearly habit.

[cellard]

Nice double bottom at $10280, im going to keep watching the price. Im confident that we can break $12,000 and this will be the confirmation of the next bull run, but it would be cool to stay horizontal for a while. You don't want to get another FOMO cycle with the inevitable crash.

A smooth rise to $17,000 and then a new FOMO cycle on there going parabolic would bring us to $30,000 pretty easily, so I hope the price stays smooth and doesn't go crazy until then. Would be a good time to accumulate now too.

[InvoKing]

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

As for now, the real problem is to have a stable price over $11k since this barrier is reached today but for not a long time, now it is $10980, this day will end with green maybe?

[airdagon]

all this is just a prediction, at all events on the price, it has already been his way. but, everyone does not expect prices to fall back. we all also know it is quite difficult to increase if you see this situation.
IMO after $ 11k bitcoin prices will still go up and down, but after reaching $ 13k it will increase steadily until it reaches its peak.

We are experiencing resistance with the price of bitcoin we can see from the movement of bitcoin always pulling out and back every time there is a resistance but yes if we can further go far beyond that $11,000 mark value we can definitely see that the value will begin to pump again if the price would go $13,000 or $14,000, The start of 2018 really is a difficult one for bitcoin and there is a lot of drama involve but we should learn from this and let's not make this a yearly habit.

and obviously we have to improve every appearance, some people who have the capital are very happy to see this situation, because they can take advantage of all this. yes, for example they will invest their money for the future and most likely they will be able to profit a lot. Some others who have invested their money beforehand now feel uncomfortable to see this situation, because they are almost afraid of sudden price drops. Indeed the amount is still quite normal. But, no one knows the future how? Huhu your opinion is very correct, this situation should not become an annual habit. we really should be able to break the $ 13k figure in the near future, so we can quickly take off to a really safe and profitable zone.

[Victorycoin]

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

As for now, the real problem is to have a stable price over $11k since this barrier is reached today but for not a long time, now it is $10980, this day will end with green maybe?

It does not really have to stay permanently above the $11,000 mark to justify that a rally is on the way as the repeated test and retest of that resistance level says it all that pressure have started to mount and experience shows that is usually the prelude of how a resistance level soon becomes a support level.

[richardsNY]

As for now, the real problem is to have a stable price over $11k since this barrier is reached today but for not a long time, now it is $10980, this day will end with green maybe?

That's not the main priority -- the main priority is staying strong over the $10k level, because the longer we can maintain that base level, the more confidence the market gains. It's just impossible to maintain the $11k level while it's not even sure yet that we're able to maintain the $10k level, especially so with how thin and still somewhat uncertain the market is. I think it's safe to say that we need an actual bullish trigger to really leave the $10k level behind, and that for good. Currently the market is likely going to settle another range, which as long as it plays out above $10k, I'm all fine with it -- everything is better than going back to 4 figure levels.

[haroldtee]

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

No one can know what happens next until it happens. One thing I am sure is that we have been able to find a bottom at least for now, the market has been having more highs than lows, we have broken out of the downtrend, and it is obvious the bulls are back. Will there be fluctuations in the middle of it? definitely, but for any long term holder, I guess that should be less of a worry now.

To your question, no one knows the future and we can only deal with the present moment. We have already hit past the $11k with a little bit of pull back and I expect more pull back at the $12k region before we go testing further resistance, but at this stage, I do not expect the market to drop down huge.

[legger]

the $ 11k figure is not yet safe to start the trip to the top, IMO we have to break the safe point at the $ 15k mark so that the journey to $ 20k will not be such a difficult hurdle.
I am sure, as soon as we are in the zone, the price figure will continue to increase and increase. but, the problem is if we can not penetrate the figure $ 15k in the near future we will take a long time to reach the peak as of 2017 year ago.

[Slow death]

You wrote a lot to ask the same questions.

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?

No one can answer this question, It is possible that the price increases to $ 12,500 and then drops to $11,700 and stabilizes in this region to continue another increase, according to some analyzes I have seen, but of course they do not predict the future

Will it drop like a stone right after 11K or will it continue to go up?

I already answered that question, but why do you want to know this? You are not considering the hypothesis of doing trade based on people's answers, right?

Any opinions?

Is very difficult to have some opinion at this time, because the price moves with news, and it is possible to be stable and hours later have some bad news and the price drops a lot.

[Kemarit]

Well this is the third time in a week I've seen Bitcoin reach and breach 11k, it has yet to touch 12k but I believe if this level can hold all the way until Monday morning markets open in Asia, we'll definitely have a good chance of such. What we should really be hoping for though, is that it stays above 10k for the entire March. In fact, if it just keeps around 10-11 the whole month, that will be a serious preparation for a big big push. Bitcoin doesn't like to stay put though.

I think its the 4th if I'm not mistaken. Its really going up as of  the moment and almost $11,400 on coinmarketcap. Exactly, we wanted to hold and see if it can test $12,000, which is like a big wall in front of us. Psychological barrier that if broken in the next couple of days, we may see it consolidating for another bullrun towards $15,000-$18,000, so let see how it goes.

the $ 11k figure is not yet safe to start the trip to the top, IMO we have to break the safe point at the $ 15k mark so that the journey to $ 20k will not be such a difficult hurdle.
I am sure, as soon as we are in the zone, the price figure will continue to increase and increase. but, the problem is if we can not penetrate the figure $ 15k in the near future we will take a long time to reach the peak as of 2017 year ago.

Well, this year proves that there is no safe price to begin with. We initially though that we past $10,000, we are out of the woods and everything is preaching for a big rally to come, however it didn't happened and we did go down below $10,000. I'm sure that we get can and past that $15,000, but first we need to see how are we going to react if ever we test $12,000.

[el kaka22]

Everybody thinks we are going to see 11K soon. The real question is, what happens after that number?
Will it drop like a stone right after 11K or will it continue to go up?
What do you think?
Any opinions?

This is nonsensical question, nobody can predict real scenario (If you are not a big whale ofc). It all depends on market`s mood.

Definitely, and the only thing we can ever do is to expect an outcome based on some indicator and play along with it when it comes and that is what trader do with the help of the chart. I would not consider anything but the only thing I know is that if there is any uptrend now, it is just for those who would not like to miss out to quickly buy in more since we are out of the downtrend, and that is all that matters.

Basically the market is doing well, we are bouncing back from different support level and breaking resistances with huge volume and I want to believe that is good enough. If by any means the market shows any bearish sign, we will know but as far as we know now, the bulls are at play and the bears are in their cage presently. Some are still out of their cage though, but not much, if you know what I mean.