Can't say surely about bitcoin cause it's quite difficult to predict the right price of it. But haven't found any possible reason that could makes bitcoin down. Even at this moment price is fine for now. Besides i know that ETH 2.0 realease would be delayed but effect could be shown. So i guess eth would pump from $400 to $500-550 even more, at the end of this year
Not only Bitcoin but also, to other cryptos. I've never heard of ETH 2.0 but the thing we are sure of, is lack of assurance that such thing will boost the price of ethereum and other cryptos because of the situation we are into.
Correction and price going down are two different things and that is why they are named differently as well. Why do you think when the price goes down some of them are called correction and some of them called bearish movement or plain old went down, don't you think there needs to be a reason why they are named differently and that is why people react to them differently as well?
Correction is when bitcoin price goes up a ton, lets recap, bitcoin started the year 7k, went to 9k, with corona it went to 4-5k levels and it peaked over 12k recently, isn't it normal that there was some correction that dropped the price a bit? That is only caused by staggering amount of people who made a profit and just wanted to get out, you would want profits as well wouldn't you?
Correction is more likely to happen when the price increase became too fast such that the price from $9k become $15k within a month. In this case I think a correction would occur and probably, the price will be back again to $10k in this instance.