Personally think that there's a pullback happening. First, price hit $8K resistance level (which didn't seem to strong, but the price has struggled to push through that today). Second, too many indicators are in red (i.e RSI massively overbought). And finally, BTC has been rallying up 8 days a row showing almost 45% gain. You gotta breathe out in order to breathe in again. So, i thing it will retrace back to $7K or even $6K before shooting to the moon. And since BTC is about 60% of total market cap at the moment, it will affect the Alt coins.

• Not an investment advice, just my thoughts! :)