Will,this kinds of analysis maybe happen or not because we dont know the real happen of the future especialy in cryptocurrency because crypto is volatile,maybe its risen or dumps,so therefore these approximately of $8k and goes lower after 3 to 5 week,i thinks its would not happen because as far as i heard from some bitcoin expert the bullish is will implemeted next month,when the september is coming and i truly believe those statement in bitcoin guru.
I do not think bitcoin will be back to $ 800, you can see that after touching $ 8500 level, bitcoin prices are dropping sharply and now are adjusting at $ 7000 and still continuous decline. Bitcoin has returned to its bear market so I believe you should not buy bitcoin at this time, patiently wait for bitcoin to fall to $ 6800 to buy.