As I've said before, the wave patterns are not obvious in this bear cycle. However looking at the bigger picture, one could see that there is a plausible 3-3-3 repeating pattern in all time frames. So this could be modeled by two successive WXY patterns. The only thing that's obvious is that the bear flags created by these patterns have the right target every time. Therefore, I may speculate that the wave we're in is a smaller wxy subwave structure that just created a new bear flag (cause now we seem to make the y sub-subwave). If I'm right, the target of this flag is $5300-5380. Notice that the target of the bigger flag formed by the last bigger XY subwaves would be the same!
But take care, FOMO might build up and make us fall lower (I don't think we could go lower than the blue uptrend line tho). But if it will happen, then this is a 12345 pattern that could send us below $5000, even crash.
For now however, the stochastic RSI on the daily chart should reach the bottom (about -3.5 in value) and reverse to bullish, CCI reach a value below -200 and RSI below 30; this would be in about 1 day or two, an signal a daily chart minimum folowed by at least a weak bullish cycle. Look for signals on the 2h chart where a minor bullish cycle should start now; the daily minimum I suppose will happen at the next minor bullish cycle.