A crash is a drop of about 30% or more. That would take bitcoin to about $7700. The price is around $9700 right now - so it's a correction, and it's consolidating between $9000 and $10,000. Which is fine. It went up just too fast.
Agree, bitcoin price still above $9000 which is a high price since bitcoin has leapt from $8200 to $11,000 within 3 days.
It's small correction until the price drops back to $8200 again, and consider as a big correction if it falls less than $7500.
It's a crash if bitcoin fall 50%, below $5500. But, we won't see it happen I guess, who wants to sell bitcoin if they know the price will skyrocket in this month? Normally, it will work like that, and we will see what happens after bitcoin futures launched in this month.