I wouldn't call a $400-600 drop a dump. For Bitcoin, that's actually a pretty tight range.

I'm seeing some 4-hour bearish divergence on OBV, and that intraday lower high on the 9th suggests bears aren't rolling over yet. Until the uptrend continues with new highs, I'd be prepared for a dip. A dip to the 20-week MA in the mid-$11,000s or testing the $12.5K pivot as new support are both plausible scenarios. Masterluc's latest idea fits with that range: https://www.tradingview.com/chart/BTCUSD/zg0MPXUC-Triying-yet-another-trend/