BTC Extended Correction based on Elliot Wave theory

I think EWs are subjective and changes with the current data constantly.

I've never thought the structure which begins on 6th February Dip and ends in 11.6k $ as a truncated 5th wave. I'd rather draw it as a truncated ABC Corrective waves.

Thinking of it as a bear market condition, an extended correction is inevitable.

I'm by no means an Technical Analyst but an enthusiast.

Target is below 5k.

I know it's vague.