It's interesting because the bitcoin price now is going down. It seems the price cannot stay at a price now. I am waiting a good moment to buy more bitcoin at below than $9k if the price goes down into that price. But I hope that the price will not go down $9k because that can make people become panic, and that can make the price will go down deeper.
Going back down in 8k price wont really make a panic but I do rather believe that if the community would able to see a crash like scenario
where a big red candle neither on hourly TF shown or less then I would say that kind of feeling comes out but actually its hard to predict
on what would be the next possible moves of btc.
I am not sure about that. But if the trader has an experience of more than 2 years, he will not panic if he sees the market is going back down in $8k because he is sure that the market will be back to up to $8k someday. He will use the time to buy more bitcoin at a low price so he will make a profit when the price increases. But we now see the market back to get the green candle so we can hope that the price can increase higher in a few hours later.