Yes could be indeed. Could also be the C of an standard 5/3/5 correction ... Only thing we know is we do not know. I'm on the permabear side, so for me got to go down to at least 10k$, time will tell. If it goes up, great, hodling goes up, if it goes down BTFD !!! Power of TA, just do what you got to do without fear nor greed.