Bitcoin exceeds 11 thousand dollars, could reach 15 thousand?

Bitcoin has seen a surprise rise from Saturday to a 12-month peak as USD 15,000 becomes a real possibility in the short term.

The Bitcoin (BTC) price has had a great week with a rise of $ 11,700. After two months of consolidation within a range, the price of Bitcoin finally broke the psychological barrier of $ 10,000 and is currently facing the final hurdle before the bull market can begin.

Very often, people become optimistic once they see green candles, with which extraordinary goals can be found on social media. Can a short-term cooling-off period be justified or more likely?

Bitcoin closes the one-year CME gap and faces significant resistance
As Bitcoin's price broke the $ 10,000 barrier, the next significant resistance zone became the $ 11,500-11,800 area. Since BTC was in range for two months, the breakout ended up being a very volatile move as expected, rising by $ 1,500 after this breakout finally happened.

Bitcoin price reaches $ 11.6 thousand for the first time in a year while traders expect $ 15 thousand