The chart would looks perfect if it could reach 68,000 level, but anyway it seems like heading towards the lower line of the channel, i.e. ~35,000 level at least.
Comment:
There is huge divergence with RSI since Jan 8th peak. The correction is going to be for the entire move from 12 March, 2020, i.e. for the price range from 3,800 - 65,000, i.e. do not expect a one day red bar.