The phrase "corrective phase" refers to a period of time or a process where mistakes, flaws, or problems are identified and addressed in order to make improvements or fix them. Full definition
Bitcoin failed to break above a resistance level around $ 11,765 on Monday, «and has been in corrective phase since,» said Robert Sluymer, technical strategist at Fundstrat Global Advisors. (cnbc.com)
Like previous corrective phases, there was no immediate catalyst for the market's sharp reversal, a sign that technical traders were largely responsible for the downshift. (hacked.com)
Bitcoin prices have currently stalled out in the $ 16,000 s as the market decides if it wants to continue the ravenous bull trend or go through a more corrective phase. (bitcoinmagazine.com)