Bitcoin is likely to retest 11.6k again. Most of this is happening because of the recent bullish news. I think we will encounter some hurdles along the way but, I can't see it being a fake out after holding above 8k for so long. I personally bought in on the lower trend line and now am in decent profit with moving my bitcoin to some profitable alts. Bitcoin still has large resistances to break before anything extremely bullish will happen. An ideal recovery is consolidation and slow growth upward otherwise we will fall again. I will be posting my opinion regularly now.