Bitcoin is a volatile currency. Price can hike as well as dump to any extend. We can't predict what can happen next but each time whenever bitcoins go on peak, they also dump the same so perhaps bitcoins might touch $7500 again and then it might start growing again. We might be entering bull run as 8000 was a target and once it is reached most of the whales are now waiting for the next target to reach. Once bitcoin hits next target, price can be hiked more. But we can't predict the bull runs until and unless bitcoins crosses atleast $10k which seems a bit difficult at the current situation. Let's hope that the price remains constant and crosses $9k soon so that we can then expect the bull markets.