We have seen bitcoin recovers as high as $11700 before and everyone was telling that we are out of the woods and we can all breathe a sigh of relief, however, it wasn't true as the bulls make a step backward that time we the bears takes over the market up until now.

For me there will be no target price as to how high we can see the price, as long as we are seeing the market getting to green zone and bouncing back 1-5% daily then its a good sign. But we shouldn't celebrate early as we all know that things can suddenly go to worst any moment. Just hold and enjoy the ride.