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Well anything is possible, in this case it would just mean that the PS4 would have to stop selling period in NA or at the very least the XB1 would start outselling it every month but at least 2:1 if this catching is to happen by the time the PS5 is released..... or say in 2 years.
pro
On the other hand, I think people aren't taking into consideration whats been happening all year this year. Right now there is a Sub $300 XB1/PS4. So far the sub $300 PS4 has been wiping the floor with the XB1. Some seem to think that a $500 version of the XB1 is somehow going to buck the trend and become the NA primary console.

Those people are wrong. It may sell better than the PS4pro, but XBX and XB1 sales combined will not be better than the PS4 and PS4pro sales combined.

Lastly, if the PS4 wins any number of months by as little as 5k units..... that catching up thing is never gonna happen.