Sure it will hold and won't fall below this point. But as good investor we always think in both ways that is negative side as well positive side of the bitcoin. For me, I have seen big dominance of the bitcoin earlier in the year 2017 but also have seen those noob panic selling events. This has led to disturbed investment and it makes us think whether to invest money or not. At this point bitcoin looks good and I think the market correction was done with full confidence and it did not affect the bitcoin price at all. Now if we are able to see it stable at this rate then I'm sure its not falling below 8K mark for sure. That would huge dip and it could only possible if more than 20-30% of the investors starts selling in mega amounts of bitcoin. Hope the market depth of buy side keeps the dominance and everything stays on the top of it.