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Topic: Bitcoin correction is healthy! - page 5. (Read 525 times)

member
Activity: 728
Merit: 10
July 10, 2018, 04:38:29 PM
#31
I remember when in December through total euphoria i read some people telling that correction will be hard. I told my friends - dont buy BTC, but they didnt listen. For me it was predictable and i am agree that it is normal after such fast growth.
full member
Activity: 574
Merit: 139
July 10, 2018, 03:00:58 PM
#30
Nothing depressing here, corrections are common and this was only small correction.
I don't check price too often like some folks, I thought bitcoin went down to 5,000 but last time I checked value was 6700 now is 6400 it is not big deal really.
If you are holder come back after few months and then check price.
member
Activity: 176
Merit: 10
MeVu
July 10, 2018, 01:33:32 PM
#29
Corrections are really necessary, I agree with you, we need to have clear traders and some day the corrections would come anyway. It's good that now it's in a big concentration.
sr. member
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
July 10, 2018, 01:21:15 PM
#28
this is very healthy markets, because in technically bitcoin price can't break out the strong resistant at 6,800 USD and will down to 6,200 USD
this is only my personal opinion  my friend Wink
hero member
Activity: 1106
Merit: 501
July 10, 2018, 01:06:41 PM
#27
The market is in normal since it is normal for the ones who buys it for $5800 to sell it so its a normal dump, so worrying won't do anything and the bull run is about to come it happens all the time, the only thing that has change is that there is more dumpers than supporters but if we continue supporting it we can boost it up and gain the confidence we've lost.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
July 10, 2018, 12:53:43 PM
#26
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!
In fact, bull run brings many benefits to the community and it is hard to separate in the crypto market when it is not controlled. But it seems that recent volatility is not a correction that comes from another reason. The problem of hackers has created the process of dumping down at the current price.

I am aware of the Bancor hack!

That may hve played a part as to why bitcoin dropped significantly. Though i don't think it's healthy that exchanges get hacked every now and then. But this has happened before and bitcoin, even though struggling, was able to bounce back
sr. member
Activity: 826
Merit: 263
July 10, 2018, 12:41:31 PM
#25
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!

Last few hours bitcoin and all the crypto currency value seems dull but I believe with in some hours of time. We will find the bitcoin price to reach its own peak with in this September to December. Normally December month starting the Christmas the all the whales will be in holidays that is the time but started its ramp walk in the price chart and its volume mate.

I am eagerly waiting for the bitcoin to reach its peak since I have commitment to sell for my personal expenses.
t39
hero member
Activity: 742
Merit: 500
July 10, 2018, 12:40:47 PM
#24
I really want to hope for the end of bitcoin correction, it has been delayed for a long time. The correction will end when the big players will gain positions at the desired prices and give the green color to the positive news.
jr. member
Activity: 210
Merit: 1
July 10, 2018, 12:23:55 PM
#23
I completely agree! I think this fall will continue until the end of July, after which growth will follow, most likely it will not be too rapid
full member
Activity: 266
Merit: 100
The Premier Digital Asset Management Ecosystem
July 10, 2018, 12:12:24 PM
#22
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!
After several tries to pass 6800$ but failed. this adjustment is correct. In the next 2-3 days Bitcoin will reach 7000-7200$
sr. member
Activity: 1190
Merit: 255
July 10, 2018, 11:55:19 AM
#21
I also get used to have news like hack of an exchange when they want to drag the price down. Correction of bitcoin price doesn't have to go along with hack news and crypto regulation news, it seem to sound very planned. I always think some groups out there will release some big news after all these negative ones but that is after they bought all they can have.
full member
Activity: 360
Merit: 100
July 10, 2018, 11:39:58 AM
#20
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.
newbie
Activity: 602
Merit: 0
July 10, 2018, 11:33:18 AM
#19
very dangerous in big picture view https://www.coingecko.com/en/coins/ath
jr. member
Activity: 308
Merit: 1
July 10, 2018, 11:18:22 AM
#18
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!

yawn, your making a thread about a 300 dollar dip? This is nothing. Maybe if it dropped under 4k it would be cause for concern.  Do yourself a favor and stop checking charts everyday, you'll drive yourself crazy.

But the market has dropped 26 Billion in a short time span.
hero member
Activity: 1120
Merit: 554
July 10, 2018, 11:17:14 AM
#17
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!

yawn, your making a thread about a 300 dollar dip? This is nothing. Maybe if it dropped under 4k it would be cause for concern.  Do yourself a favor and stop checking charts everyday, you'll drive yourself crazy.
jr. member
Activity: 308
Merit: 1
July 10, 2018, 11:16:44 AM
#16
Everytime when I invest the market goes down and when I sell the market goes up. It feels like everyone is trying to outplay me. 1 man vs the entire crypto world.  Cry
sr. member
Activity: 481
Merit: 250
July 10, 2018, 11:11:40 AM
#15
Bitcoin today fell in price, and quite strongly in a small period. There is an explanation, but only you and I can only speculate that everything will be fine, no need to worry, soon will come the bulls, etc. Personally I look at it neutrally. Personally, I can not affect the price and growth, so I do other things. Doing bounty doing freelancing etc. Patient counterparts.
sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
July 10, 2018, 10:58:02 AM
#14
Bitcoin and altcoin both are dump in today but last week this was stay in below 6k USD so still I hope this coin. Because Bitcoin fluctuation is common in this year so when it will raise gradually that day everyone interested to see the market value. I think some positive news are shortly waiting for the future pump so keep hold in long term.
full member
Activity: 336
Merit: 111
July 10, 2018, 10:52:03 AM
#13
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
full member
Activity: 896
Merit: 198
July 10, 2018, 10:46:41 AM
#12
Thank you for your words of hope. This is really painful. Bear market seems never-ending, and today's dip has been really depressing.

Waiting for Bart to do his thing soon Cry
It's just a matter of time and if you have been to the market for years, you'll get used to it.

But if you are still quite new to this market, you have to start looking and studying the charts again today and for the past years.

If you are started to studying the charts you will know it on how's the market movement that is too volatile.
You will not be afraid if the market or bitcoin price are down because soon it will increase again.
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