For those of us that have been in the bitcoin environment long enough, we know that this is just a part of bitcoins nature. Bitcoin explodes to the upside then corrects about 30 or even 50% in some cases and then continues it upward trajectory. This is nothing new for veteran bitcoin holders.
At this point there is absolutely nothing to be afraid of as the down trend seems to be under control after sustaining a 13% correction then consolidating yet again at the 2400$USD mark.
This is however a move that veteran bitcoin traders and holders have been anticipating. In short, there is nothing to fear at this time. Next stop... 5000$USD Bitcoin.... I for one was glad to be able to pick up some cheap bitcoin in the process as well as dump some AltCoin allocations to take advantage of this move... The only thing that upsets me at this point is that it didnt crash more...
