I think at some point it will, but in short term I think it will go back into the 3k range. I am out until the market starts to turn some, just going to limit my losses from here on out.
Now bitcoin price is increase. So if want to sell check the market place. Then you ideas. It any time to increase and down so plan to work and complete the process. It good opportunity for future growth. Time is important for this process so time to sell and time to buy it. Wait for the price increase the sell it. People know the all process. So before start any process. Plan to work.
The Bitcoin is rising up again and this is observing in the current market as the market has recovered from 6k dollar to 8.3k dollar. Another Bitcoin increase trend can be better explained from its average price increase per year and we compare the average demands and prices each year. The current stages are favorable and the market will follow the increase trend as the demand is increasing.