Things are not as bad as they were: we were down to $5755 at one point yesterday. We have clawed our way back up to above $6k. However, the next three, four hours could see the above bottom drop out again.
I'm still betting on $5k by Sept 1st, and we seem to be on track for it. It is possible to go lower, too. I doubt, but would not be surprised by $3k.