we're having major support at 8k$ if that breaks we can see a double bottom in play at 6k$ and again if that doesn't hold then maybe your scenario probably not likely to happen
Current cost of mining a bitcoin at the most expensive energy rates is less than $3k. So even at $4k, miners will be making good profit.
BTC can and will probably touch the 0.786 fib level once. It can go to $2k and still rise to $1 million by 2020. Even Tim Draper (bitcoin billionaire) said that in BBC panorama show which was aired yesterday. You can watch it on BBC iplayer.
Fundamentals behind BTc going to $4k-$5k ranges are discussed by this person here, which I agree with too.
How we see it depends on our approach... a doom and gloom situation, or a huge opportunity. you decide.
in my mind it never was 100% technical at 2018 ! and it wont be ..