If this inverse head and shoulders plays out we could be revisiting 8k. After that it is likely that we will continue the downtrend and make a new low (looking at 5400-5600) and bounce again.
I was looking at small baby steps here. Perhaps $7000K will be realistic before jumping to the range like $8000-$10,000. IF this trend continue then we might be seeing a start of a bull run. Its really a good sign because and just hope that this is not just a artificial pump otherwise we all know what's gonna happen next. As for the FOMO, this might be want they are looking for so some of them are already riding the hype train. But as @BrewMaster, said, we prefer a steady growth and I don't like them to wreck this solid increase that we are witnessing.