The rising is a bit too fast so for sure there will be a correction, but we dont know how deep the price will fall down, and what price will be stabilise, but from the indicators and market situation there will be another rising soon, we just need to wait for the price to heal then btc is ready to jump again
We have had a +30% correction already, plus we have had plenty of smaller 5-10% pullbacks in the last couple of weeks.
People shouldn't underestimate the demand for Bitcoin. Buyers have even held strong after the correction and the decline in volume, and currently we're about to break some local highs. If we go past ~$12,500 I'm sure we'll retest the yearly high of just under the $14,000 level. If we break that, fasten your seat belts and enjoy the market action. $20,000 is the next target from there.
It's so funny how altcoiners complain about Bitcoin ruining their altcoin gains and whatnot. They have had enough time to relocate their positions but didn't because they have been waiting for an altcoin season that was about to happen.....