Well, I believe $12,000 will happen this year, but it still difficult if the price will reach that price this month because we are back at the lower price, and it will need more time to increase. We need to see bitcoin price break $11,000 first before the price can rise higher because bitcoin price before is almost touched $11,000. We need to have more patience to wait and see the price will hit that price, and this time, bitcoin price adjusts the price before the price can increase higher. I think sooner or later, the price will break every highest price and no matter if the price moves fast or slow, we will see a new highest price this year.
Yes, but today we wake up with a some retracement so I guess that $11k-$12k target will have to wait a big longer as expected. This kind of correction though looks healthy, at least we didn't see some artificial pump from $9k-$12k in short amount of time. Otherwise it will be a bubble that needs to be burst. We need more patience here, at least a good 5 digits at the end of this month is not that bad.