You're talking about technical analysis. Yes such movement I too observe that now the figure of "triangle"is formed. The lower bound at around 5100-5300. With a strong desire to break through this level of whales, they will do it, even at a loss. BUT they will lower prices and then begin to buy large volumes. And the price will quickly return to 6500. And then a smooth climb to 7500.
As for the price by the end of the year, it is you overreacted with the figure. I am not sure that we will see strong growth this year. Although this all my guesses and assumptions.I see a price of 8000-9000 by the end of this year.