Update: As shown the correction occurred at roughly 20k on Bitfiniex, approximately 8k USD more than when this was posted. But the correction is occurring, just like 2013
Update #2
Now, we are entering a second bull-rush period, followed by potentially a third, before the steady recession. Bitcoin is nearly repeating the same pattern it did 4 years ago. History always repeats itself.
Update #3
This is my final update to this thread. The final drop-off before a steady recession is occurring. I couldn't tell you were the markets are going, but the correction did occur (or is ongoing), at this point it seems safe to say it will continue along the same trend as 2014. Some would claim it's because of the news revolving around Bitcoin (china, korea... etc), i personally say it's the natural order to these markets.
Note: I'm not using any tech analysis, this is just pure intuition/pattern recognition. It's best to observe Bitcoin's behavior in the past to predict it's future, then applying real-world tech techniques. This thread was for fun.
And bitcoin just climbed more! Lets see how long this correction will hold on. 
I think yes because they are also overbought now. 
