It seems like Bitcoin is unable to maintain its highs and rallies for too long. They're getting more and more brief, and are getting lower each time. That means if whales keep playing their pump and dump games, they're gonna be dumping from much shallower heights, and we could hit some new lows.
But don't expect it to go as low as $4k. Because the same reason why there's no strong rallies anymore, is the reason there's not gonna be that big of a panic either. There's just no volume anymore, and the interest and trading has gone flat. So there's not enough activity, to have any more major crashes.