Ok. It looks like this thread is opened last January 30 and the OP is worried about the price of bitcoin going down. Fast forward and almost 2 months, we are still in the bearish market.
However, it looks like we are heading in a positive direction. Because I thought that $9K is not possible at the end of the week, but it looks like I"m wrong because we are almost there. Such good news coming from the G20 meeting that investors are pouring their hard earn money in the ecosystem. So I might chance my prediction and see $9K before the end of the week and possible $10K at the start of April, and start of a bullrun that we all have been waiting for.
Things are actually going well now especially since we heard the good news from the G20 summit concerning the fact that Bitcoins is not a threat to the world economy and am sure that because of that those who were panic selling have stopped and now its rising once again.