I agree with your thought process here. The fact is that we are looking at it entirely the wrong way when we wonder why it's going down right now. The entire market did a 6x push UP in a matter of a couple months. That's just CRAZY growth as is. It has to give some back to correct itself and have a healthy push to the next insane level.
Good post for those not quite familiar to market growth and corrections.
RE: Why are cryptos crashing like crazy?