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Hey and welcome to HTF. Re Wireless: don’t do it. Other than that because of your modest budget I recommend you check out SVS, Monoprice and maybe Pioneer Andrew Jones if any are still around. Costco may have a decent Klipsh home theater package too. Don’t be fooled by wireless HTIB kits. Most...

At that price range I’d think about the pioneer Andre Jones with built in heights. I’m not familiar with Bic subs others can comment on that. I’d consider the entry level in command from Denon if the 730 does not have Audessey

With a $7k budget I'd consider the Paradigm Reference line. https://www.paradigm.com/products-current/collection=reference/model=prestige-95f/page=overview

I've not heard the Edifiers and I have the Mackie CR5BT, not the CR4s you are asking about. https://www.amazon.com/gp/product/B015U623MQ/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 If you have the room tho, I recommend the 5s. TREMENDOUS right out of the box, will very very clean and strong...

I just put 4x Paradigm 6Pros in ceiling and VERY much recommend them!

I'm in too. I'd go with a LOT fewer side speakers and put em on the ceiling as Atmos instead.