I think if this is wave 4 we'll hit the target of about 34,000 - 38,000 then we'll go for wave 5 but if this is wave 2 price will fall deeper. But now we are in the channel.
@Nightingale85, I think now is bearish but not too long, if wave 4 break 28,000 - 30,000 I think it'll go to 20,000 - 24,000. The most bearish case is all of this are wave 2