Well, the June is almost at half way but we are nowhere near 11.5k even though we believed we would be. That is the power of whales in this market and its a bit scary, if you are a rich person and see that bitcoin has moved from 3.2k to 9k and want to sell you can sell bunch of coins and drop the price changing the way bitcoin is going all by yourself.
The price was believed to be going to 9k (it did) and then higher and higher which we all believed and invested accordingly and then just one guy came up and sold bunch of coins and now we are not so sure it will go to 11.5k even though it was something quite possible couple weeks ago. I still think we will reach those prices but I think it may take a bit longer, probably around july or even early august if it happens.
Dont you think that that rise would be a bit too much? After x2, people start to wishing x3, people are truly crazy, when price was $3500 people was waiting price to drop more to buy. Now when price reached $8k people are buying and saying that it will go to $11,5k, ridiculous if you ask me. Some people should just hold bitcoins, trading and speculating is not for everyone.