I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above $8,000. I have also see that this may happen before end of this year.
I think that this time around, it is not really good for you to buy bitcoin, you can tell that Bitcoin prices are constantly adjusting over the past few days and the current trend is still falling. Market capitalization continues to decline and according to my analysis, the current $ 8000 level is not bottom of the bitcoin at this time, according to my technical analysis, the bitcoin price may reach $ 7800 then new rise again.
You have to buy bitcoin now because it has just came down drastically. The normal and stable levels would most likely be around $10-15k. This is just based on speculation and based on my personal understanding of the market. Some are saying 2018 will become a bullish market for Bitcoin and reach an all time $50k. I am yet to find a solid grounding for this but at the moment, I am very skeptical about the market rate of Bitcoin going beyond $20k.