Bitcoin born to increase. Its the only currency which never fall down. The thing which we can do is to hold more coin as much as we can. Price is around 9k it will increase soon since its the only currency which go up every year as compare to other altcoins. Every one is trying to join bitcoin which can increase his demand so not only 11k it will increase up to 50k this year all we have to do just wait and hold our coins.
Well, it depends on the way everyone is seeing it. Either short or long term. It is not like bitcoin cannot even increase, but we should even be considering the future than the present. Every market is volatile and even though cryptocurrency in general is more volatile, that does not mean that we cannot see some pretty good value soon. We may not even need to speculate what will happen tomorrow, but at least we are not where we used to be.
For $11k I think it will not be reached in this month, maybe next month. Well I guess if the price is already at $ 11k.. it will be more likely to lead in a higher direction slowly, it will not fall like as before. Hopefully there is not much news that affects to the many people until the price is hard to reach $11k.
I want to hope and be optimistic that $11k is something that will be attainable anytime soon. Everything is gradually changing, the news, the development and all these put together can really help to sprout the rally on the bull side anytime soon. Even though the market may have been a little bit slow for a while now, it does not mean that we are not going to increase in the long run.