Bitcoin is currently sitting around $8500. That is to be expected since a lot of news have been bad this whole month. The market doesn't behave in a rational manner as other mature market. We are at an infancy stage where bitcoin is treated more as an investment and less as a currency. The higher the price goes...the more stable it will become. Now, can it reach 35k -80k? We can perform a simple calculation. The current market cap of BTC is close to 144B. If bitcoin where indeed to reach an 80k the market cap would increase by 10x. That brings us to 1,44T just for Bitcoin. It can be reached but it will definitely take way more time than what we expect. Until then...HODL!