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6y
It's usually two candles at least.
You can see it earlier on the very chart you used. There are two red candles, then a green. In the case of the chart you posted, it's a bit more in the earlier example. So, maybe it goes down a bit more, then back up, and down again.
RE: Will this dip in BTC be a small blip or the start of a deeper 30% correction?