Bitcoin correction is healthy! - page 2.

Good Bo

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Quote from: oxonhu on July 10, 2018, 09:52:03 AM

i dont know really whats wrong with btc price but it seems it doesnt recover as we expect. btc needs to reach 10k to start big bull run but it just cant do it anymore. 6k is not good price and all alts going down too with btc. we need big investors but there is sign when they will come. i hope this end soon otherwise wont be easy to take profit

As all know that bitcoin price correction is healthy but if continue like this then its not healthy anymore.
You are right that the price is not like we expect since the price is bearish for any longer. We should wait for now. Patient is our key.

Katashi

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Yes it is i believe as of now it is starting go recover again. Yesterday it jumped more than 1k from 6.3k to 7.5 k. I guess this is just a start given that the CNBC News Experts are saying that it is impossible for bitcoin to recover but there goes the yesterdays scenario. Which is good for us but very big slap for the btc haters.

maldini

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bitcoin prices are now starting to rise, I have predicted since last 14th of july, maybe the bitcoin price increase now will not last long after my analysis again

realknow

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Quote from: jakezyrus on July 18, 2018, 07:00:29 AM

Quote from: glowing10 on July 18, 2018, 06:33:17 AM

Quote from: PrintMule on July 15, 2018, 04:58:58 AM

Correction movements are always normal. For those who profit will realize. Everyone wants it. Then the ascents continue. But nobody should panic. If panic happens, it becomes a disaster.

Corrections are welcome when suddenly the price has jumped like 1 or 2k $ without any reasons. Those are generally where the whales have entered the market and in order to make money in short term they have pumped the money. And soon will even remove it when they get their target.

of course correction are always welcome not only when the price jump from 1 to 2k but also when the price drops . correction do always happen all the time because it is correcting the price in order to become more stable but cryptos are still volatile and correction cannot totally control the price . yet , correction is indeed a healthy thing because we can be able to get a benefit such as buying a coins at a more affordable price whenever these so called correction occurs .

yes really sir indeed we must always correction all coin that will emerge and its development so that we will not ketingalan information from coin-coin development which will shine in next month.

carlisle1

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Quote from: jamesashmore1964 on July 10, 2018, 07:07:19 AM

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

You got it right mate,look at the market now in just a weeks you have posted this

Correction is needed in every investing business so the flow of prices will all at place

Wondering that the recent correction is enough for us to reach $10,000 again,or there will be another before this comes on our way either both i am seeing good things will comes to those who waits

jakezyrus

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Quote from: glowing10 on July 18, 2018, 06:33:17 AM

Quote from: PrintMule on July 15, 2018, 04:58:58 AM

Correction movements are always normal. For those who profit will realize. Everyone wants it. Then the ascents continue. But nobody should panic. If panic happens, it becomes a disaster.

Corrections are welcome when suddenly the price has jumped like 1 or 2k $ without any reasons. Those are generally where the whales have entered the market and in order to make money in short term they have pumped the money. And soon will even remove it when they get their target.

of course correction are always welcome not only when the price jump from 1 to 2k but also when the price drops . correction do always happen all the time because it is correcting the price in order to become more stable but cryptos are still volatile and correction cannot totally control the price . yet , correction is indeed a healthy thing because we can be able to get a benefit such as buying a coins at a more affordable price whenever these so called correction occurs .

Emperor of Man

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Yes, bear market is a necessity, and every technical analyst and specialist I know agrees with this opinion.

It's hard to take at the beginning. Your first experiences make you scared for your life! But if you're patient enough the next periods become easier and easier, and many traders even learn to use the bear market to gain profit.

ravijadon12jan

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Quote from: jamesashmore1964 on July 10, 2018, 07:07:19 AM

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

You hit it right where it hurts the bears

Nice analysis, and yes I too think that this time we're going to see 10k in next 45 days or so. I am hoping that there'll be no bad news regarding any hack or any regulation or any other crypto bad news at all. We all know how that can take the price down in few days. Bulls are having the momentum right now, don't want that to break for another week or so. If by the friday we don't go below the 7k mark (which was the long resistance now acting as support).

nairb131

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Yes, correction is very good for a market because it will help drive away some bad yokes and normalize the market and I also believe after the correction, there will be positive increase in the price of bitcoin and other crypto.

glowing10

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Quote from: PrintMule on July 15, 2018, 04:58:58 AM

Correction movements are always normal. For those who profit will realize. Everyone wants it. Then the ascents continue. But nobody should panic. If panic happens, it becomes a disaster.

Corrections are welcome when suddenly the price has jumped like 1 or 2k $ without any reasons. Those are generally where the whales have entered the market and in order to make money in short term they have pumped the money. And soon will even remove it when they get their target.

Digital_Lord

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Quote from: JackdunR on July 10, 2018, 07:13:49 AM

Adjusting prices has increased me even more, as the ongoing price drop has made many people depressed, so it would not be good for us to invest in them now.

What is the essence of getting depressed ?
It is the market and it would only affect those who want it to affect them psychologically.
Moments like this are something we just cannot stop seeing every once in a while but as far as I am concerned, all we have to do is to be patient, buy more at the dip and look forward to the long term than trying to play some depressive emotions. It is what it is, and for one fact, I see it as an opportunity to buy low.

PrintMule

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Correction movements are always normal. For those who profit will realize. Everyone wants it. Then the ascents continue. But nobody should panic. If panic happens, it becomes a disaster.

xuan87

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Yeah correction could be sign that the coin is healthy it provides a good chance to buy at lower price, but a long bear market will make people losing trust and losing hope, and this time the bear market is a bit longer than everyone expected, so it's depressing especially for the beginner just start want to invest

RondoAnyar

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Quote from: jamesashmore1964 on July 10, 2018, 07:07:19 AM

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

I agree if the price reduction to align the technical and stabilize market conditions. maybe in some time this condition will not happen continuously and will experience a nice change.

Mr.ZODIAC

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Quote from: btctime on July 14, 2018, 04:04:31 PM

This correction of the crypto currency market, although a normal phenomenon, but still because of it was spent a lot of nerves. I hope soon as you say, we will see the bull market.

I can not understand the message of some users. Why the current state of the market And today's performance of Bitcoin seems to somebody to stabilize the market. In any case, I can not say that Bitcoin is stable and corrected its price. Based on this, I can not hope for the near future growth of the crypto-currency market.

btctime

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This correction of the crypto currency market, although a normal phenomenon, but still because of it was spent a lot of nerves. I hope soon as you say, we will see the bull market.

jamesashmore1964

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Quote from: South Park on July 12, 2018, 04:00:54 PM

Quote from: nanasei on July 11, 2018, 02:03:59 PM

Bitcoin is now oversold after it has been bearish for months. Since the oversold is over, it is now turn for bull run and it is going to make bitcoins price high.

Things are not so simple, yes bitcoin has been oversold for a long time but even if that is the case we need a spark, something that makes people believe again that the price can recover soon and I do not see that happening soon, so you only have two options, to trade in the meantime or to use your cash to take an early position in bitcoin and hold until the price recovers.

ETF is the catalyst BITCH: Wake up!

jaocoincrypto18

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Before they say that correction is an opportunity to buy at cheapest price for an investment but what i have observed for this year is when you buy the dip but it dips more. So for me this corrections is unhealthy anymore because until now the real demand for Crypto is still low in which it makes me think that the said opportunity was now replaced by fear of lossing their investments. So lets just hope that this constant corrections will stop and will be replace by bullish run so that people will trust crypto investments again.

Deubila

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Quote from: ozanipek on July 12, 2018, 04:34:53 PM

I agree with you. I have already got used to the fact that bitcoin, then falls, then rises. He needs a good height, but where can he get it. No investors, no new injections. We need very strong and good news that will affect investors. Actually it is good but we are impatient about that.

Not only Bitcoin and the cryptocurrency market but most other financial markets have fallen sharply, so investors should not be too worried and focus on the great features of this market to choose the top form. reasonable. I think those investments will bring you the best results.

EastSound

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I agree, especially that lots of people hoped in the train quickly even without a clear knowledge on how the bitcoin system works the dump shaked out the weak hands

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