Bitcoin might drastically go down deep following the sudden surge in price. If am wrong you can correct my impression thank you.
Nope it won't happen like that. Let me add that this corrections thing will not affect the bitcoin with very much drastic change. It might just make it drop from to 8-9K USD but not below that. Have you seen the market capitalism that bitcoin has achieved up until now? Its more than 250B USD and its enough for it to keep up that much rates. What will affect it, if it wanted to drop way below then it would be its sudden "investors pulling out" of it. But you ask yourself who would do that, who will ever do that with bitcoin? I mean its for sure not me or you who are the best believer of the bitcoin.
This and many more factors are there which keep up the bitcoin prices all time high. They are literally pushing it further and as speculated by many other people around the community they think its going to be 15K soon and who knows might just 20K next year end. What we have to do is just to keep up the pace of investing strong and unidirectional. :-)