as of this writing, btc is at $7,885... perhaps all the news about electricity costs of btc mining and how that affects the environment is influencing sell offs. that and news regarding regulations, and more trash talk aimed at bitcoin is weighing the price down i think
The price is on the way down and it may down to $7k because negative trend is there in bitcoin investment. Many people predicted that 2018 is the year for bitcoin but almost half year is going to finish and there is no increase in the price. it means that people are not interested in bitcoin anymore or they are transferring their money to other Altcoin.