i think bitcoin is in for a bumpy ride downward for a while. In all actuality ALL crypto-currencies are going to feel a bit of a depressing feeling for the next several months. Possibly into the new year. It all depends on how sharp the initial correction is... it it is only in the neighborhood of 2.5-8% it might hold there for a while then late into the year begin to climb again... If it is a full 10-15% correction abruptly, you might see it continue down as low as a 30% correction. this all depends on how many people keep their heads and don't panic... To be honest, with the growth Bitcoin has seen this year it could sustain a 50% correction and would actually become instantly a buy at such a depressed price point.. but as with any investing, people lose their damn minds and cannot see past the losses and sell off... so who the hell really knows...but much like the 07 crash, when financial stocks were selling at single digit price points they came back with a vengeance...I made a huge profit on my bank of america stocks, almost tripled up... and it would have been a lot higher but i didn't have any disposable capital to buy it when it was 1.08 a share back in '08... anyhow, as with the financial stocks... Bit will do the same.. it will correct, the how much is irrelivant....what is relevant is how much you have on the sidelines to buy when it hits it's bottom.