After a long time bitcoin finally reached 11k$ today so what do you think will happen from now on?
Will it stabilize around this value or increase further?
My prediction is that it will reach 12000$ by the end of February.
I think that we'll probably stabilise at the current level for a while.
For the rest of the week, expect mostly sideways movement instead of any particularly big pumps or dumps. Though I can definitely see $12k being hit in the next few days. Once that is hit, we'll consolidate for a while before going for the next pump phase.
I think that markets are going to be a lot more careful in this year compared to the last because of the big crash in Jan, which means that the volatility this year is going to potentially to be lower as well.