BITCOIN could certainly correct a little deeper in theory.
Although I do think there has been a lot of liquidity and there is not much more to be had. I also think that as soon as everyone loses their courage, that is the moment that BITCOIN will show itself again.
We might get one more leg down. Then we complete the correction wave at 50 fib to 87k.
It may also be that we have already completed the correction to a lateral correction wave. Since on a large time frame we can see this wave as the first wave in a large whole. If this is the case we will see some side left movements between 92k and 95k. But after that we may just get the longest run and then we will see stars.
Both will have to wait and see before we get confirmation on this.