It's really possible because the market has been really surprising. It could rise up and go down easily and $7k is so near to its current value. We could expect all the best from Bitcoin but we can also expect the worst at the same time.
The market is volatile so this possibility could happen anytime.
This is so funny to see that last week we have seen the price of bitcoin almost touched 7k and that's for real. This time is a little bit different with the latest correction that makes bitcoin touch 7200 again.
the market looks stable and there was no a lot of bad news that fundamentally affects the mental of the bitcoin itself.
Essentially, this will put bitcoin into the stable condition and nothing happen.