Since BTC has already reached $7k now, This will go down until $5k before it will go up again. Before I only predicted it to go down until $8k but since it is still going down until now, There is a lot of reason for me to think it will reach $5k but not lower than that. For those who have bitcoins bought when it was like $15k hold on to those coins and do not panic sell those coins it will go back to $15k in the coming months.