While I don't know much about Elliot wave, but is it possible we are currently in the B wave of an ABC correction? I.e. wave A is from 20k -3k?. This 'bull market' seems very fishy as we've already retraced more than 50 percent from the bear market.
Yes, this is possible. However, it will be labelled as currently in the X wave of an WXY correction see
Scenario B (Complex) here:
https://bitcointalk.org/index.php?topic=5128394.msg50467456#msg50467456