Bitcoin towards to $8000, whether the exact reasons why bitcoin prices rise so fast?
What to do now, sell or keep hodling?
Main reason is still because that bitcoin buyers are still confident that price will rise in due time. Lots of people shorting BTC but at the same time a lot of new investors or old investors taking on new positions = short squeeze.
Also not to mention BCH did crash, so that's doing wonders for bitcoin price at the moment.
$8000 is just a figure that will be broken sooner or later. I don't even think that $10k will be a particularly troublesome thing to break for BTC considering how fast it is rising by day to day.