We could be in the accumulation phase of the famous bitcoin cycles. Im really hoping we start to move significantly higher in early 2019. The next halving comes into play then (itll be 18 months away) so hopefully the price will start going in the right direction.
I think I speak for all of us when I say Im sick of $6xxx
I'm pretty sure if the BTC price drops like a rock, we would all be ecstatic to see $6K again. Personally, as long as the price is remaining stable (aka not sliding back down to prior year's levels), I'm happy with 6K.
Given (enough) time, the price will again reflect the intrinsic value of BTC. It may be the end of this year (not looking so likely anymore), maybe next year, maybe in a couple years.