Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
for now it's impossible to happen .'cause as we see the bitcoin price now is gradually increasing at 8k value. So perhaps 7k is the bottom of this fluctuation and maybe the causes behind of this volatility of price nowadays is from weak hands that always panic selling when there's a dump. therefore this is just a normal correction and it will never go dip for now , 
Topic: Bitcoin correction? (Read 493 times)
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
bitcoin prices would not be possible for a correction below the $ 5k price because the suport buy bitcoin is very much at the price of $ 6-7k and it would be difficult to make the bitcoin price collapse up to that price.
Bitcoin correction takes place every year. The correction end up with a big hike. Hope this correction ends up very soon. Recent sells of bitcoin from an exchange has caused this fall. We could have this correction ending next week. Hope see a good spike in upcoming days.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
bitcoin prices would not be possible for a correction below the $ 5k price because the suport buy bitcoin is very much at the price of $ 6-7k and it would be difficult to make the bitcoin price collapse up to that price.
Bitcoin correction takes place every year. The correction end up with a big hike. Hope this correction ends up very soon. Recent sells of bitcoin from an exchange has caused this fall. We could have this correction ending next week. Hope see a good spike in upcoming days.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
bitcoin prices would not be possible for a correction below the $ 5k price because the suport buy bitcoin is very much at the price of $ 6-7k and it would be difficult to make the bitcoin price collapse up to that price.
If bitcoin value will touch $4k then I think we should sell now before it goes down even more or lower than $4k? That was too low for bitcoin price right now. 
I am also thinking that bitcoin will just hit $6k and not lower than that.
I am also thinking that bitcoin will just hit $6k and not lower than that.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
I really don't think that bitcoin would be going that low .
If you studied the trends carefully it is showing that whenever bitcoin gets low , it recover some of its value on the same day . Coming as low as $3000 , is the same trend is followed is quite unreal . So bitcoin is not going that down and is going to shine soon.
I don't think it's a correction, this is due to so many factors like Google wants to ban crypto advertisement from June and some negative news added to that. If there is one negative news obviously another one with positive news float around. Don't panic now and Bitcoin would start it's bullish run probably during mid of April.
It's stabilizing at $9,000 and there's no one can tell if this will be pulled down or pushed up.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
I also read that news and I also hope that this will bring back the investors who have sold bitcoin because they are scared that the trustee will continue to dump the coins pulling the price back even further.
Currently its stabilizing around $9K but as soon as we are closing at $10K, we suddenly seen a rush to sell because they are thinking that it may go down once again.
Let's see that this news is a welcoming one specially who have been waiting for enter the market.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
No, if it happens (I hope we will never see this situation), it will be not any correction at all, but the greatest fall of Bitcoin ever. I suppose BTC had a correction already.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
I think Bitcoin will stable at the moment around $7,000 value. It will keep this value until middle of the year I guess. Many investors keep hold their Bitcoin now and hopefully will rise end of the year.
It's stabilizing at $9,000 and there's no one can tell if this will be pulled down or pushed up.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
It's not news. It's speculation, and it's pretty illogical. See here:
Quote
However, multiple reports in the bitcoin specialist press reported that Mt Gox's trustees won't sell anymore bitcoin until at least September this year. The next Mt Gox creditors meeting is not until September 18. NewsBTC said: "Many are hopeful that with the next Mt. Got court date six months away, Kobayashi won't be able to dump another load of coins on the market."
Notice how the most recent creditor meeting took place in March? Kobayashi was selling in December. Creditors were not notified when the courts approved earlier liquidations.
I'm guessing the trustee is facing a lot of blowback, especially after some of the public comments made by Jesse Powell and others. It's also not clear why the trustee would need to liquidate any more assets, as it sounds like all liabilities are already covered. Those two points are why I don't think he'll be selling more for the foreseeable future.
It's stabilizing at $9,000 and there's no one can tell if this will be pulled down or pushed up.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
I also read that news and I also hope that this will bring back the investors who have sold bitcoin because they are scared that the trustee will continue to dump the coins pulling the price back even further.
Currently its stabilizing around $9K but as soon as we are closing at $10K, we suddenly seen a rush to sell because they are thinking that it may go down once again.
Let's see that this news is a welcoming one specially who have been waiting for enter the market.
It's stabilizing at $9,000 and there's no one can tell if this will be pulled down or pushed up.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.
The short term charts look like a "scam curve." It's a super choppy whipsaw formation. Obviously a corrective formation, which EW chartists usually assume is a bearish consolidation that will break down because of the higher degree downtrend.
But in my experience, they are usually accumulation patterns that break upwards. Sort of like how BTC often breaks upwards from rising (bearish) wedges.
In any case, 5 days of ranging here means that the next break of range will be meaningful. Time to start paying attention. My gut says that $14,000+ is still on the menu. Lots of liquidity > $12,000 so that's probably where we're going.
But in my experience, they are usually accumulation patterns that break upwards. Sort of like how BTC often breaks upwards from rising (bearish) wedges.
In any case, 5 days of ranging here means that the next break of range will be meaningful. Time to start paying attention. My gut says that $14,000+ is still on the menu. Lots of liquidity > $12,000 so that's probably where we're going.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
The last bottom price if I'm not mistaken is $6K and then it dramatically rose to almost $12K. So that being said, I doubt that we can hit $4K because the price today is hovering around $9K which is way above $4K.
If it hit $4K though, I think it will not hold that long because its another good entry point for all of us. Many have been waiting and wanting to enter the market but since its very expensive for some of us. They keep on waiting for the price to go deep. So $4K will definitely a golden opportunity to buy because of such huge discount price.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
Refer coinmarketcap.com. The correction do occure every year. But the time is not known. Its normal with crypto currencies. If you look at the data, we had a huge correction in 2015 losting for more than 400 days loosing more than $5000. Correction always end with huge hike in price. The hike was more than 130 percentage compared to the loss occured in last 400 days plus. Currenct correction and the loss occured due to closing of tradings and exchanges.
Well, base on past history of previous Bitcoin correction even the one that happen in 2013/2014 i don't believe that the current correction of Bitcoin will decline below $5000. Although i strongly believe that history repeat it self but not to the turn of seeing Bitcoin below the above amount let a lone reaching $4,000.
OMG! price issues are always a hot conversation. calm down Every cloud has a silver lining. In my opinion the price will not go down that low, I am sure that in June the price will reach $ 20k and most likely, we will soon to the moon if it has reached the point at that number later.
Well, the correction is still on going and one cannot tell when exactly we will see the end of this correction. But it may not decline further below $6,000.
At the moment the downward trend dominates. It is really hard to predict when it will end. But it seems that the price drop to 4k $ is unlikely.
Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
Due to what is happening at this moment, I think that's possible to happen. But one thing that we should keep in mind is to continue holding if ever this thing will happen. Also, investing would be a necessary thing to do since there is always a chance for the market value of Bitcoin to increase given that crash on the market is just temporary. Jump to: