for short term i think botcoin is gonna go down temporarily provided the fud the bad news and all the negatives stuff, bit to think long term like 5 to 10 years bitcoin is gonna be big just like what happened to the .com bubble the amazon, google etc when they started they so volatile they price jumps 80 to 90% up and down.
That depends on how low you are actually talking about right now, but we have been imprinting some higher highs for the meantime now which could possibly bring about some bullish growth eventually or bearish as the case may be, depending on the direction it tend towards. Now is not a time we really can tell actually how all these would play out knowing that however the market decides to play it, can only be known with time. If we can see a break out upwards, the chances of actually seeing the market try to test the $10k spot may be there, but nothing to be too excited about at the moment.
Due to the situation of the market, it is impossible when the price of Bitcoin will reach 10000$. Due to anytime decline in the market makes us think in a different way, which Bitcoin will not cross more than 8000$ this year.
Nothing is impossible right now, and we are still possibly inside a triangle and the possibility of seeing this triangle thing playing out till almost towards the end of October is huge at the moment. The bears and the bulls right now are still in a fight and trying to bring about the direction that would please them, so it is whoever the best man is that would end up winning this fight but at the moment, the chances of bitcoin hitting $10k or not, will be known with time, and there is no one that can categorically say if anything is possible or not, with the fact that it is a market and all that matters is trend and time.
