Here is an abstract vision on the logarithmic price axis depicting the phrase After reaching $20k on December 16th... and making lower lows

I guess we had a quick journey to $20 000 and the similar quick trip to the dark territory below the $10 000.

I agree that correction on done and here is my Elliott Wave count:

Now it depends, how fast can we break the $8 000 or just can we

I also feel bullish now and hope that $8 000 will be broken ASAP. Some more ideas in my latest post, if interested.

Thanks for your analysis, @jrcornel! Nice to find the informative and relevant content.