Obviously any other commodities besides bitcoin will likely get a good price if there is really a demand. Simple basic economic principle that is application to the crypto currency. But the question is how to have more demands? Or where should the demand comes from? Right now, more are selling bitcoin because they either wanted to get out or traders simply making profits (day trader). But for the demand to increased, we need something like a positive news that will renewed the interest of investors again. Everyone though the 2018 New York consensus will do that, however, we didn't make any break out and on the contrary that week, we see the price goes below $8K. However, it looks like we have somewhat recovered because the price is around $8500.