I agree with you that the price could still go low because last February the price went as low as $6,100 - $6,200 it could either recover back up to $7,000+ or go as low as $6,000 in the next following weeks and probably hit a new low.
Hitting a new low isn't impossible, but that would directly translate into a broken long term pattern where previous bottoms were untouchable. It will also make clear that the demand has strongly decreased.
Currently the most likely scenario is that we'll be heading back up to +$7000 levels, and from there hopefully see the price go up further. It has been a very long time now that the price has only been going down.
It's impossible to keep going down, because at any moment we might experience that fomo moment, and one green candle will shape the chart differently in a very short period of time.