Absolutely, because there are no major trigger that caused the price to go up and yet the price going up so high in an instant, this case usually going to end up in correction, but within the new breakthrough there will be new bottom limit, but I still surprise to see the price keep on increasing in the middle of the multi-fork event
Let me quickly quote you in other to point out a very important point, when the price was rising very high in November-december many newbies in the bitcoin community thought it will keep on rising without coming down, and at this point the price is now a little bit above $10000 and they start complaining and rushing into panic selling. But never understand what volatility means and what is price correction in the cryptocurrencies market.