Correction: Defined in CryptoCurrency
A correction is defined as a change in price of an asset (stocks, currency, etc.) by 10% or more, lasting up to 2 months.
Corrections usually interrupt upward trends with negative drops of 10% from the recent highest price.
A correction is smaller than a bear market (averaging a 20% reduction) and shorter than a recession (averaging 6-18 months).
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