It could have been the last correction before another rise.
But we don't know.And I don't care to be honest.
Bitcoin will rise sooner or later.Probably when no one really expect it to happen.The fundamentals are looking really good.
SegWit is close.Lightning winter release is within reach!
What happens short term, up or down, doesn' really bother me.
Well I agree that we don't know what will happen after the correction. It is possible that after the correction another bigger correction will happen. It might be bitcoin price to fall down to 500+ USD or maybe a correction that will push bitcoin price to higher value. And since it is yet to happen we are all here sitting and watching while speculating what will happen next.