if it goes parabolic for too long, then I feel it makes take longer to recover in the longer term after the correction. This kind of dip or down, makes me think we have not see an all time high yet, and that the price has a higher floor.
If you look at the logarithmic chart, the price was not bubbled, and it could have sustained an increase to $6000 before it went for a correction. What we are seeing is weak hands being shaken as noobs panic sell due the Chinese+JP Morgan nonsensical FUD.
Once these weak hands are shaken, we will recover. My only worry when it comes to fundamentals for Bitcoin, is the segwit2x stupid hardfork by stupid Jeff Garzik in november, that could crash the market for a while, but after we get 0.15 and everyone updates their nodes, it will be the nail in the coffin for segwit2x and we will go to ATH.