Disclaimer: I'm a relative newbie that's been experimenting with different trading and arbitrage techniques on the various markets.

I'm just trying to take a pulse of everyone's general opinion; it's obvious that when the price spiked up to $30, there was bound to be a correction. Luckily I bought in most of my coins when the price was in the 13's last month. Now, as the price creeps back to where I first started at, I'm left wondering if BTC is in a "bear" zone, or this is simply a delayed market correction.

There doesn't seem to be a great deal of new capital entering the system, and most of the trading activity appears to be bots and humans reacting to minor market hiccups (at least in the last couple of weeks where I've been obsessively watching).

Just curious on opinions.