The only thing that is bothering me is that after mid-July, the prices have increased by close to 200%. And yet, there has been no major correction. This can be due to two reasons. First, the demand may be too strong, that any excess coin in the market is quickly mopped up by the buyers. Second, may be that the next correction could be a big one, in which 50% to 80% of the total value may be wiped out. If the second one happens, then may god save the BTC users.
Well, you don't guess right mate because the reason behind the fall in price of bitcoin was due to the ICO and the negativity create about bitcoin by some people which ought to help bitcoin but turn out to be the one affecting the price. However, this will create a chance for quick trade and it will also help some individual to invest into bitcoin before the price get back up again.