I don't think it will take much time to touch the price of $1100 as it can be achieved in next few months but I will sell my coins only when it touches $1500 price as I think that would be the best price to sell bitcoins in order to make higher profits so until it doesn't reaches to that level I will hold my coins without any hesitation.
Yeah if price can touch $1100 in next few months then it can go even beyond that and it won't be smart move to sell coins at that price and in that case it would be much better to hold your coins till the end of the year as we have seen that price generally goes higher at the end of the year so that would be the best time to sell your bitcoins.