Bitcoin may drop to a low level because usually there will be a lot of FUD and other scenarios that cause the value of Bitcoin to fall after bitcoin reaches the highest level (for example $ 30K). something like that wasn't just once. but has been several times. So, in my opinion, there will be possibility that bitcoin will drop its value to a low level.
The fact that there is a possibility to drop, might have a possibility to pump as well. That all we don't know what will happen this year (2021), everything still out of our control but I can believe and keep trusting Bitcoin will even grow more as the market spread continues, more investors are coming, and the so-called crypto adoption where we can say that many companies are on the insights.
Besides, if we can picture the current movement, that seems impossible to see a huge correction. FUDs are no longer a form of distraction, they have rejected.