correction is expected to be honest because of this crazy run,
we may be can see a huge run that will happen in the future but at the same time we may be can see a sustainable pump.
why ? because if we're succesfully get listed on CME group's futures later on and get a positive feedback from people,
it has a possibility that in Q1 2018 there will be another listing that will happen with it,because i heard rumour about that kind of activity again.
but what happen if the downrun is running while there're no sign of comeback ?
every altcoin will be get pumped absolutely because people nature's.
people will not sit and do nothing while they can make a money by pumping the altcoin.
of course the pump will be arranged from the top one to the shit one.
Short positions will fail in short and middle term clearly. Shorting bitcoin or trying to benefit from a possible bitcoin crash is not a good idea, at least it's not for me. I can't take this risk. We saw that bitcoin is very volatile and never do your trade according to its crash.
Shorting in such a bull market is a crime)
There is also an example of CBOE futures launch on 10 December, when Bitcoin made one of the largest growth in % in 5 minutes time, I think the same will happen upon CME launch. I have a quick video proving my point, would be glad to hear your feedback:
https://www.youtube.com/watch?v=JsR9N-TDBWM