has it taken a downward path? did it climb too fast? is this a correction or a change in trend?
The price may simply be consolidating after a period of intense growth, with over-the-counter trader Charlie Shrem reporting that he believes this to be the case.
Shrem pointed to bitcoin's long-term value projections as evidence the market isn't "satisfied" even with the current price observed today. (source: coindesk.com)
My confidence in Bitcoin is not shaken at all, this consolidation will build steam for the next push. Whatever happens with Bitcoin's price, always make sure you have at least 10 Bitcoins stashed away.