I personally don't think that $16k is possible at the end of the year. I'm giving like a conservative estimates of around $13k. There's a lot of resistance along the way to $16k and we might have a hard time breaking time unless there is a good news that will make people invest on bitcoin and move away from the Defi hype that has been plaguing the market for so long. So give and take, $13k will be good to me at the end of the year.
Another big concern is the miner's dumping their shares again, that just happened early this month, there's a possibility that it could happen again, we all know what happened is very surprising although not a big concern, they can dump and it will not have a big impact on the price but it will stop the momentum of the price from moving up and that what really happen this month.
Not really sure if miners are going to continue to dump their shares again, logically though its better for them to just hold on it, after all they are vital in the support of bitcoin's network so they really know that its not better to just dump them at this low price. Assuming that it did happened this month, it doesn't make sense as there will be no incentive to them, unless they really wanted to pull the price, but it won't benefit it right? So why dump it again?