Doubt Apple will cut the price, as it is very uncommon practice for Apple.
You might be able to find some good deals. Check out Apple's Refurbished site for ATV4Ks refurbished by Apple. They come and go quick, so if you see one, jump on it.
Another thought, I am unsure if it is still the case, but there was a report a while back claiming that Apple doesn't make the profit margin on the ATV4K that they typically make on other Apple devices. Also, when you factor in R&D expense, the ATV4K makes hardly any profit.
The point being, price drops from Apple are already rare, and if the above rumor is even remotely true, I doubt Apple will be dropping the price on the ATV4K any time soon.