Quote from: Dagser on March 11, 2018, 07:52:52 PM

Quote from: hugeblack on March 11, 2018, 08:41:59 AM

A correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation.[1]
A stock market crash is when the 10 percent price drop occurs in just one day. Crashes can lead to a bear market. That's when the market falls another 10 percent, for a total decline of 20 percent or more.[2]

So it's Bitcoin crashing.

The supply and demand rules have made 10,000$ as a stability point.
Price can be restored to 4000 but we need very bad news [Bitcoin ban, Network fee,....etc].
Sources:
#1 https://www.investopedia.com/terms/c/correction.asp
#2 https://www.thebalance.com/stock-market-correction-3305863

Bad news like banning Bitcoin and such does not have a big impact on the price. Maybe the first news like that had some impact, but not anymore.
Multiple factors needed here. Maybe one more of the Mt. Gox big selling and something to refuse people from buying.

I might agree with you on that one but people will tend to panic selling if they read some FUD news and that's what the impact would effect immediately. Since there are people who do a short-term investment and those day traders. If something like Mt. Gox and Binance bad news would appear, it would really deal a big impact.