I don't think so. Before any bull run the market normally experience up and down until it break the 8000 price upward. It is time Bitcoin is picking up and coming below 7000 USD is a no go area.
I won't be that confident to say that $7k and below is a no-go area for bitcoin.
Every price is of possible until we see heights that are too far from that. But today, we're still on the axis of $7k and it's likely that we can go down anytime.
Of course its possible, no one guarantees the price will continue to stay at $7k, we can speculate that the bottom line is already higher or bitcoin is getting stronger, but we cannot ensure the conditions that affect bitcoin prices will continue to be positive, it could be a bad thing tomorrow happen, and brought down the prices. for now Indeed the price is still stable above $7k, but anything can happen