bottom last time was almost $5900 then it rebounds up to $8000 for the present one then it will drop again to its new bottom of $5k? I don't think it will happen again with its current trend there's no guarantee about that speculation but we may take it into consideration due to past corrections but again the opposite is happening right now though we are experiencing some downs it may be a temporal one.
The predictions is very tough to determine, and I congratulate those who bought bitcoin at the price of $5900. As I've noticed the last update few hours ago there's a minimal fluctuations happening, and as per analysis here its now stabilizing its value at $8200. Hopefully we won't be seeing a downtrend again, and those who hold their asset will not be greed as they find it profitable when they see bitcoin value was at that stage after all.