But we don't have to panic because the price is starting to back to the high price and we still have much time to see the rise of the price.
Who knows, that after this correction, the price can easily to break the barrier of $10k and it could give a chance for the price to slightly increase to $15k in the next week.
We don't know and still predicted when bitcoin could increase higher, and we should be prepared for the worst thing that might happen (I guess we already see it happened now).
We need to wait for a while so the price can break every barrier of the price.
$10k will be the next target after we reach $8k back in the next days and I guess that it will need time before it's happening as you said.
I am sure that we will go to that price and bitcoin will make the highest price again soon and we will reach $8k next days.
making any deals, the market's volatility will be guiding help for you to pick a good entry and exit points.
It proves to us that bitcoin still stronger than before and it's going to be stronger in the future.
The market volatility will give us a chance to buy bitcoin at a low price, and that is one time of the best chance we can get because the next thing that we will see is bitcoin price will increase higher.