Can BTC bounce back to $8000 ?

I am working on the theory that btc can bounce back to $8000 potentially once the sell off from yesterdays gains has been completed. I am now starting to post alts and btc signals into my telegram channel after taking a break for a while. If you have followed my last analysis you will know that my calls have been doing great, the recent downturn in the market is the exact reason why I keep 80 - 90% of my holdings in stable coins and fiat currency.