Its good to see price rising at a moment and $1100 will be achieved in next couple of days but I am expecting much higher price and I am sure if bitcoin touches $1200 once again then there will be many people who will start selling their coins to make profits from it.
I think the barrier is still the 1:1 with price of gold. Once we stay above that level for a few weeks, then that will become the new long term floor.
Yep, and that's going to happen quite soon since the price has been consistently slowly rising in a more healthy way for around a week. As long as BU doesn't progress any further we could easily take over for a prolonged period of time.