Yes, it is just a correction to gather more power from people who will buy during this correction, to dump more.
Deep Crypto Market Analysis, also a lot of old BTC addresses awakened and started to move funds to exchanges. All 1 day and above candles charts on BTC are making new lows and lower highs every time.
I heard that news too about that dormant BTC address. But from the source that I heard, it was Coinbase securing their cold storage. Nothing more than that,
but of course, you might get something new that I never heard before?
another thing is, how about BAKKT? do not you think it will trigger the bull in Q1 2019?
in the end, even if the chart looks so shit right now. it still has a possibility for Bitcoin to get pumped in the future, everything is possible in cryptocurrency.