If I was a big whale, I wouldnt feel comfortable with btc dropping below the $3000-$4000 area. That makes it easier and leaves the unnecessary risk for big players and large capital moving in, and taking large market shares.
Limiting your your ability to manipulate and control the market, to the extent you have been able to do so far.
But thats just ONE of many factors and variables to keep in mind.
My 2 sats.