The $ 7000 target is still rational, because most likely the price of Bitcoin will indeed go there, but we cannot predict accurately, because predicting the price of Bitcoin is very difficult. But we can find references to last year's experience. The chart are almost the same.
Yeah, bitcoin's price prediction is quite hard as it not always goes as per your predictions but still I think 7000$ is most probable to occur. With any further decrease in the value of the coin, I would only prefer to wait and hold the coin patiently till the next pump...I would not be surprised at that though, because some months back, we already had some analysts forecast this too, but many of us ignored it and think it is fud, but what is being analyzed is that once the market deep to $7000, that will surely be the catalyst for the main bull run, but if I am to advise, I don't see the difference between investing now and waiting for It to fall to $7k, because its fall to $7k is still under probability, and prevention is better than cure so such an investor will not eventually fall victim of fomo.
