BTC To $8k?

Okay!! There has been a lot of fuz in the crypto world of recent and people are wondering how far down would bitcoin go, what is the faith of other Alt coins, how long would it take for the markets to recover after this deep? So many questions and fear is swooping in daily. People are stating to question if crypto currency is actually independent (as tweets and statements from people of affluence keep affecting the market value.) But the reality here is many of us do not understand how the market work, we don't understand charts and we don't even know how to read the basic market trends, we don't understand all time highs and lows.
As it stands bitcoin has made an all time high at around $60k plus and to be honest I don't see it breaking the $60k barrier this year.
If u look at the monthly highs of btc and use same candle stick measurements for the all time lows, you wod then understand the possibility of it dropping further down. I am no financial advisor and I definitely won't tell you what to do, but be prepared for a long bearish movement. I would give more analysis soon. The question is, How Long Would It Take?