The price target of about 9-18k may still be valid, however the time between the top of the bull and bottom of a bear seems to have been decreasing.
This makes from a physics intuition in that a wave that reduces in amplitude would carry a higher frequency and the distance between each top or bottom, may be reduced in the same medium.
Human-scale interpretation, and simpler language is that the bottom is nearer than you think if the channel you swim in is now shallower, so you would hit the higher bottom sooner.