https://www.cnbc.com/2018/07/24/bitcoin-breaks-a-key-8000-level-but-its-not-out-of-the-woods-yet.html

Bitcoin shook off a bearish two months after rising above $8,000 Tuesday but based on past behavior, another pullback could be coming, according to technical analysts that cover cryptocurrency.

“Given that it has trended down so sharply since May, I wouldn’t want to get too greedy,” said Newton Advisor founder and analyst Mark Newton. “Looking at cycles near term, this doesn't mean it will go back to its highs right away."