Bitcoin correction is coming? | Bitcointalksearch.org

glowing10

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Quote from: winspiral on August 20, 2017, 03:39:55 PM

We are at the top and I believe it's going down soon...
But so far my predictions have been wrong...

As of now there is no reason for a fall back . Infact the reason to rise are more than fallig . Even if it drops if will be a small correction which will rise back again in short time . If you co serine a major fall like 500-1000 points then it does not seem to at this point of time .

digaran

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Essentially every time we expect Bitcoin's price to correct itself or just drops back hard, it does the opposite, just wait for price to go high as $6000 before the next upgrade and then going back down to $4000 and staying there for a few weeks just to raise again, people know about the possibility to double their coins with hard forks and nothing will stop the price to go higher because every body is buying no matter what the price is.

Gameroid

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Quote from: Shinpako09 on August 17, 2017, 11:24:43 PM

Quote from: jerowacik on August 17, 2017, 07:10:58 PM

Quote from: fabiorem on August 17, 2017, 05:26:58 PM

There can be some correction, both from whales and from BCH camp, but it will be small dip. Price will eventually go up because there are too much people buying it now, there was a increasing of thousand of people subscribing to coinbase.

Nothing can stop bitcoin now. The only question is how to make use of the dips, how to predict them so that you can maximize your profit.

Yes bitcoin will not get too deep correction. It's all just temporary and the possibility to increase back is huge. An increase in the number of bitcoin users will help keep the bitcoin prices steady and also increasing. The recent increase in BCH price rates does affect bitcoin prices.

Biggest dip so far I saw since the price rise is more than $200 few days ago and it bounce back again. For sure after the correction at some time, the price will become higher or possible that we can reach the $5000 before the end of this year.

i do not think that it is such a big dipt, i think that it is very normal to bitcoin and for most of the time we can see that the price of bitcoin fluctuate between 400$ to 500$ differences, therefore it is very normal to bitcoin, and hope that very soon it will continue increase its price.

winspiral

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Quote from: hurain on August 20, 2017, 03:49:27 PM

Quote from: winspiral on August 20, 2017, 03:39:55 PM

We are at the top and I believe it's going down soon...
But so far my predictions have been wrong...

yes that is right that your prediction is wrong, because still there is no such possibilities that bitcoin will fell down anymore. i am sure that bitcoin price will continue increasing for a long time because still there are a lot of potential in the price of bitcoin to increase, i think those people who want to invest in bitcoin right now they still have good opportunity to make profit from bitcoin.

I talk about the price for the next few Months...after it will rise again.
One can not be always wrong...If it were so I would sell my opinion and say that one should do the opposit (lol)

hurain

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Quote from: winspiral on August 20, 2017, 03:39:55 PM

We are at the top and I believe it's going down soon...
But so far my predictions have been wrong...

yes that is right that your prediction is wrong, because still there is no such possibilities that bitcoin will fell down anymore. i am sure that bitcoin price will continue increasing for a long time because still there are a lot of potential in the price of bitcoin to increase, i think those people who want to invest in bitcoin right now they still have good opportunity to make profit from bitcoin.

winspiral

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We are at the top and I believe it's going down soon...
But so far my predictions have been wrong...

WatchMaker

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Quote from: grexmebeen on August 17, 2017, 11:16:14 AM

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Oh my, I think bitcoin is at the correction period already Grin

If not because of correction, bitcoin would have reached $5000 USD Mark by now!

BitcoinExpart

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Might be or might be not. As we can observe that the price of Bitcoin picking down. You can be called it correction. But, I expected 5k in the next 2 months, sooner than I anticipated.

CryptoBry

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Quote from: grexmebeen on August 17, 2017, 11:16:14 AM

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Your concern turn out to be true as Bitcoin was not able to go beyond $2,400 and is now hovering in the vicinity of $4,100. This can be the little correction that Bitcoin has to get so that it can come back much stronger for the coming week. I am hoping that this time it would conquer the world beyond $4,500 and will be going towards the $5,000 mark as soon as possible.

alyssa85

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Quote from: d5000 on August 17, 2017, 10:20:01 PM

Quote from: fabiorem on August 17, 2017, 05:26:58 PM

There can be some correction, both from whales and from BCH camp, but it will be small dip. Price will eventually go up because there are too much people buying it now, there was a increasing of thousand of people subscribing to coinbase.

Nothing can stop bitcoin now. The only question is how to make use of the dips, how to predict them so that you can maximize your profit.

I think also that "nothing can stop Bitcoin" but I doubt that this means an eternal bull run. It is possible $4500 will be the top for some months. We had a short term head and shoulders pattern in the last two days (three highs with the one in the middle being the highest). That is often a trend reversal pattern.
The increases in the last days were very strong and I expect that there are many people selling now to take some profits. Maybe it will only be a short term bottom and the bulls start a try for $5000, but I'm almost sure it won't go higher than that, for now.

(I have incorrectly called the top at $4000, so maybe I'm wrong again Grin

).

I think it will test $4000 first and maybe $3800, before trying again to get past $4500.

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Quote from: Deborah Christine on August 20, 2017, 09:50:31 AM

I think the correction is coming.
But i believe after correction bitcoin will go up again slowly
Because from year to year bitcoin always up.
And nothing compare with bitcoin

It's still rising bit by bit, so IMO the correction would come later still. The question now is at what level would it correct to.

hurain

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Quote from: Deborah Christine on August 20, 2017, 09:50:31 AM

I think the correction is coming.
But i believe after correction bitcoin will go up again slowly
Because from year to year bitcoin always up.
And nothing compare with bitcoin

i do not think that people are caring about correction. they are too much confident about bitcoin and therefore they are still interested to buy bitcoin. i think that the bitcoin price will very soon start increasing again and therefore, i think it will be good if we hold bitcoin for next few months, as it is expected that the bitcoin price is going to cross 7000$ at the end of this year.

Deborah Christine

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I think the correction is coming.
But i believe after correction bitcoin will go up again slowly
Because from year to year bitcoin always up.
And nothing compare with bitcoin

dhampir-D

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Quote from: Bagaji on August 19, 2017, 04:58:31 PM

The correction of the market value of Bitcoin is in progress and may likely reach negative ten percent before any further move towards $5,000. Its lowest market value today on Bcn.com was $3,975 which indicate - 6.87% decline and before it can get a momentum to reach or break $5,000 resistance, correction may likely reach - 10%.

I'm also expecting for a rise in this range. Maybe there will be more forces favoring a price increase when we see people dumping BCH to buy Bitcoin.

Bagaji

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The correction of the market value of Bitcoin is in progress and may likely reach negative ten percent before any further move towards $5,000. Its lowest market value today on Bcn.com was $3,975 which indicate - 6.87% decline and before it can get a momentum to reach or break $5,000 resistance, correction may likely reach - 10%.

wahb

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Quote from: Basmic on August 18, 2017, 07:37:45 AM

The demand for bitcoin is growing. Can be lower prices from 4500 to 4300 and this was the correction? We simply do not notice it, and now bitcoin is gaining acceleration for his next spurt to $ 5,000. Can be even higher.

yes the correction can be of 300 to 400 USD and not more than that. i think still the demand of bitcoin is increasing and therefore there is no chance that the price of bitcoin will come below 4000$, people are even expecting the price of bitcoin that it will easily cross 5000$ in next few weeks and therefore people are still confident to hold bitcoin, and get more and more profit.

CriptoSven

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Quote from: KennyR on August 18, 2017, 12:42:31 PM

Quote from: orarider on August 18, 2017, 10:57:21 AM

Quote from: grexmebeen on August 17, 2017, 11:16:14 AM

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There is always an adjustment when the bitcoin value increases too fast, however, with what is happening with the current bitcoin, that adjustment does not bring too much effect. Bitcoin will still go up quickly.

Yes, bitcoin as a potential digital coin has been experiencing hard fluctuations often. This is just because of the nature of bitcoin, that it is decentralized and the correction needs to take place periodically for a price stability. This is the one that is going on with the price currently.

Many analysts say that the recent rebound from 4200 to 3950 dollars - this was a correction.
But I hear a lot of opinions that soon a more severe correction awaits us. And the price can drop to 3000 dollars. It upsets me

KennyR

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Quote from: orarider on August 18, 2017, 10:57:21 AM

Quote from: grexmebeen on August 17, 2017, 11:16:14 AM

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There is always an adjustment when the bitcoin value increases too fast, however, with what is happening with the current bitcoin, that adjustment does not bring too much effect. Bitcoin will still go up quickly.

Yes, bitcoin as a potential digital coin has been experiencing hard fluctuations often. This is just because of the nature of bitcoin, that it is decentralized and the correction needs to take place periodically for a price stability. This is the one that is going on with the price currently.

iram1011

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Quote from: orarider on August 18, 2017, 10:57:21 AM

Quote from: grexmebeen on August 17, 2017, 11:16:14 AM

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There is always an adjustment when the bitcoin value increases too fast, however, with what is happening with the current bitcoin, that adjustment does not bring too much effect. Bitcoin will still go up quickly.

There wouldn't be any major correction. Some small term ups and downs would be there that are way too common in Bitcoin market. Price will hover over $4000-$4500 for sometimes before touching $5000. But there is very little chance that Bitcoin would fall by $1000 now.

orarider

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Quote from: grexmebeen on August 17, 2017, 11:16:14 AM

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There is always an adjustment when the bitcoin value increases too fast, however, with what is happening with the current bitcoin, that adjustment does not bring too much effect. Bitcoin will still go up quickly.

Topic: Bitcoin correction is coming? (Read 1755 times)