So, after a very short-lived pseudo breakthrough, we are back to 8000 again.
I told you guys, 8000 is a very tough nut to crack.

My prediction is that we will stay at 8000 or below for a long period of time.
The big question is what follows after that: a crash or a moon landing?

I agree. These dips will continue to happen at stages of $1000 and we will see $4000 again very soon.
Sell now, then buy back when the price crashes in order to multiply your coins.

See the graph below. The dip only lasted half an hour, but it was a $2000+ dip.
The screenshot below was taken several hours after the dip, so the highest value for the day has changed. It was $8315, not $8037.
Just because you didn't see the dump happening (probably because you were asleep at that time), doesn't mean it wasn't there.
And yes, now the price has recovered half way and is back to $7000, which is the new support level.
I see things slowly going down, with prolonged stops at $6000 and $5000 until we are back down to $4500.

A huge $2000 dump/correction just happened. Price went from $8315 down to $6178 in a matter of minutes. Looks to be recovering, though.
Anyway, that $8000 milestone looks to be a very difficult barrier to go above. And I am not talking just $300 above. It will probably take a lot of time for the price to soar higher than $8300.

Cool. If people are indeed optimistic, then in theory the trend should go up.
So let's hope the stagnation at $8000 will not last for too long then, because it has been two days already with no significant up or down movement, just a flat line. I am worried about what follows after the flat line, but your posts helped me find peace of mind.
Thanks, I will buy more BTC.

We have been at around $8000 for two days already with minimal fluctuations. We have flatlined at that number.
The price of $8000 seems to be a huge barrier for Bitcoin.
What is going on? Should we expect Bitcoin to go above 8K and land on the Moon, or is there going to be a very serious and devastating dip down to $4000?
Discuss.