Several times bitcoin have fallen down to 5,000$ and it seems the bearish market is still hovering in the market. Bitcoin has now more than 6,000$ market value and it struggles to break the 7,000$. Once it will happen, then that means bitcoin is already in the uptrend projectile.
Bitcoin is really struggling to cross $7000 mark from past couple of months and these are signs of bearish market but we all know that bitcoin will eventually cross not only $7000 but also $8000 mark if the bullrun starts but there is a random feeling considering the current downtrend that there might not be a bullrun this year.
If the price reaches to $8k, I will earn big money because I have made good money in bounty campaigns and due to low bitcoin price my total earnings are not good, but if the price hit $8k, it will be very profitable for me. I will be happy with $8k and if the price rise more than $8k, I will earn more money just waiting little more. I think that the price will cross $8k till December this year.