Now if you were banking on BTC dropping back to $8000 I would think you have some sense.   Heck $7000 is possible, just not as likely.   We might even see days at $5000 but those prices aren't network killers.   Given time the network could support a $2500 price point, but that would be so slow that a short position would have other problems.   It is difficult to maintain a short position for many months or years.   Well unless you're position is so tiny it doesn't really matter.