wrong.
goes up doesn't mean it should automatically come down too. the reason for the rise determines whether the price should "correct" afterwards or not. otherwise there is no reason for all the rises to end with a drop.
Well, not wrong. It depends if you're speaking long term of short-term so I understand your response. Long term it always holds true because at some point in time bitcoin will be redundant.
Short term there's definitely a big emphasis on the nature of the rise, I was being simple in my response because I assumed that anyone with half a brain can see that the growth in 2017 was not healthy or sustainable growth.