If we hit below $10K, then I assumed that the next scenario will be the buying back mode. Right now we are sitting at above $13K, very strong resistance, but if this is also broken, then expect the price to hit <$10K. So there's no definite time how long this crash or when the recovery phase will begin.

But once it recovered, there will be another massive bull run, pushing the price again above $16K. So probably give it a week starting today and see where it goes. Market just went crazy will all this dumping though. Totally unexpected as everyone is looking for that elusive $20K at the end of the year.