Very interesting. I have a feeling we may have just seen a flash mini correction in lieu of what you're talking about, but nothing to back that up but gut.
The 30% correction would line up well with March seasonal drag, with everyone seemingly talking about that though, have to consider this time might be different.
Posted Using LeoFinance Beta
I think it will end up being a normal type of correction, lasting several weeks, but it may not go down the full 30%. So far we have seen a 22% drop. I think we likely chop around for the next several weeks between about $55k and $44k before ultimately breaking out again to the upside.