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.
Well, it wouldnt really be a bad idea If the market can go to $7000 maybe that will be the FOMO point Tom lee is talking about. At this point that the market really finding it hard to fully break further barrier, we need a pint that will serve as big opportunity and create a panic buy, but since we are already in bullish trend, no matter the dip, there will always be a sharp increase that will be surprising to us all.
Whatever the fluctuation we have, I believe greatly that this momentum has the ability to get us to $10k by the end of July, so I am not so much concerned if Bitcoin stabilizes on 8k for now or back to $7k, my target is $10k by July.