Good trade. I'm also hoping for a correction before we break the all time high & then moon. However btc dropping right now won't be easy, as most people will try to buyback at high prices (or even not selling at all). We're beginning to feel the effects of the reward halving. Last time this happened in 2012, btc went from 10$ to 1200$ in a year. I'm expecting something similar to happen in 2017 & 2018. Interesting how the governments & the world will react this time.
Exercise-Discipline
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@alex T., Agreed mate. But we could get stopped out before the correction. Maybe the better trade is to buy AND sell at current levels - then take profits on the short when it eventually corrects.