Sorry to ruin your hope but I doubt this day is not gonna happen anymore. I would prefer to sell Steem at $0.55 onwards to $1.55, then re-buy when it goes below $0.30. Just imagine, if Steem is to reach $8, Bitcoin might need to rise to $20.000. Take a look at Bitcoin price now and ask yourself, will you buy Bitcoin at $4000 now, or wait to $20.000 to buy?

Instead of waiting for Steem going to $8, sell and buy back multiple times, profit might be the same, and we don't need to wait too long.