The situation is very uncertain, we can't say what would happen in future. Either it may go up and cross 10k, or it may go down to 7k again. The best way is to hold and observe the situation.
You're when you said the status of the market is still uncertain but one thing is certain the bitcoin price will never dump below $7000 price range. However, the market correction predicted by the OP has already happened but it won't last long before the market experience bullish and this is how the market will work till Q4.