Parabolic price growth moral support.

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
159 1
Lots of panic at this correction prompted me to draw some lines.
The lines are close to fib spaced thingies.

This may or may not mean anything.

any idea what cause this "correction" ... all i saw was the price plummet 30% and in most cases increase back up 30% within 25 minutes, what actually corrected?
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