Yes. Correct. Every Coin/token needs a support level to continue its bullish trend, it is also important to consider other factors that influence market behavior. The crypto market is unstable and can move unpredictably. Recent trends show that Bitcoin is recovering from previous lows and has been performing better. However, it is important to remember that markets can change at any time, and whether we are investors or not, we must always weigh the risks and today is still wednesday but if today is friday it will be even worse the correction could be to the price of $19K. 
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I still don't think that the correction will occur in depth to the $19K price level in the near future, because Bitcoin's good performance has not disappeared so it can still appear unexpectedly in the near future. And I hope that for now Bitcoin can move sideways in order to have stronger support for the next pump, because a slow but steady price drop is still a very normal thing in the market although there are some people who are starting to think that a price drop now is not a thing normal. .