Taking a look at current price action and market structure, the price of BTC is very likely to reach 9k in the short term. If psycological support doesn't hols around that range, it's very likely the outlook could change from a bullish to a bearish bias.
It was almost going down that lane recently before it picked back again, I guess the bulls really mean the bears this time around and would not give change for them to break us further down again, because we have been long due for a major breakout again, although I know that the development has been quite fast, knowing that bitcoin price grew from about $4k at early April to whatever value that is currently on now, but since it has already come out of the bull run.
I think we should be expecting constant surge in the value of bitcoin, and by now, I am sure that the correction of recent will surely come to an end soon, and we will see the price spiking high again. From the recent analysis that I did, I can see some major breakout within the next few weeks.