I think Bitcoin Will Consolidate at $ 7,000-8,000. Then Bitcoin price will keep rising past $ 20,000
I guess that you are wrong.Check out preev.com.Two days after your predicton,the btc price is 11600 USD.
Anyway,your prediction might be right in the next few months,if the worldwide mass ban happens(the possibility for this to happen is around 1%).I`m mad that i sold a part of my bitcoins for 10300 USD.I thought that i am a stable HODLer,but all the bad news and FUD scared me for a while.Damn.
This is what happens when you let your emotion takes over your decision I ones done this when the price is dropping then all of a sudden it turn green, That is my great mistake and lost 0.01 bitcoin because of that emotion, That is why when bitcoin is on the red zone I would not gonna look an my wallet and let bitcoin do its job and wait patiently for the price to recover, That is the only thing you can do, just put your trust in bitcoin that it will still recover because bitcoin had done something like this in the past.