Was that price the correction or are we expecting it to hit 20K?
Currently the price goes down slowly to $23k, but we can't really tell what will be the next support level with this retracement, (yes, I'm seeing a correction already). But then again, with an asset that is very volatile as bitcoin, there's no way we can see what will be the price correction.
It will keep fluctuating, until a certain period, and then stop, trading sideways, and then a bounce back that is higher than the previous price. We are waiting for $25k to be breach at least at the end of the year, so let's hope and be optimistic that we can get to it.