I don't know if the correction has already started but there's a major dumped happening, bitcoin dumped below $30,000 and it has bounce back a bit. However, I think the trend is already bearish, I am optimistic on the future of bitcoin but I can't deny the possibility of seeing a major correction, I think we will see a price as low as $10,000 this year.
I think it's stabilized for now, I'm observing the price the past 2 days, since last night, it has stabilized at around $30.000. I don't think it will drop any further, or at least not to a large degree. Likewise, I am now looking for an opportunity to buy around $1.500 worth of Bitcoin to invest back into trading. The most recent price crash was quite beneficial to say the least.
keep in mind the increment this time looks like a big bubble. and you know what awaits. corrections or even changing trends are normal this year. I personally believe that at that time bitcoin will experience a big fall. 10k is not impossible, because in 2018 bitcoin fell to 5x. and imagine if there is a repeat, maybe bitcoin could fall below 10k.