Bitcoin price briefly surpassed the critical $11,000 level today before dropping back down. Currently, the coin is trading around $10,900 as of 3 PM EST. On the bright side, it almost reached a high of $11,200 earlier today, and its been stabilized at around $11,000 throughout most of the week. Importantly, BTC has been trading above $10,000 since Tuesday.
Read more at :
https://www.currencytimes.co.in/bitcoin-price-watch-btc-usd-fails-to-hold-11000/Your article is quite outdated. It's 3 day old news now.
Anyhow, we are seeing a small dump today, probably profit takers that think we're not going to break $12k just yet. However I do think that past this current dip we'll be looking to push past $12k which would signal a full on bull market, since the highest point we reached from the last attempt to break it was around $11900 if I am not mistaken & remember correctly.
But for now, $11k is holding up nicely and I can only see it continue to hold up into the next 2 weeks. BTC dominance is growing as well, expect that to return to 50% if BTC moves past $12k.