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Topic: Bitcoin price correction -10k- - page 2. (Read 811 times)

full member
Activity: 210
Merit: 101
December 06, 2017, 04:25:32 AM
#11
Hi, after the fast pushing of bitcoin price last days ( which bringa it to >11k $ ) an analysis reports that a pullback correction is still possible with 10k$
To read the full report : https://www.coindesk.com/adrenaline-rush-over-bitcoin-eyes-12000-but-correction-possible/
Well, there is a peak altitude, and now there will be a swing up then down, until again sharply upwards. But the end of the year is sure to be a stop or a recession, so you need to prepare mentally.

If you do of trading,you should  ready to see the all value.When the price of bitcoin is raised sell the bitcoin and when the price dump to 10000$ means,buy huge amount of bitcoin.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
December 06, 2017, 04:09:51 AM
#10
maybe!
the $10,000 price proved to be a nice resistance last time it was tested and price dropped below it. and it acts as a psychological price level where people choose to buy below it and sell above it. something similar to $1000.
but nothing is certain with bitcoin, it can change just as fast if the newbie panics start. and right now market is growing too fast and it is filling with so many newbies who are not familiar with bitcoin swings and many will not be able to comprehend a 20% drop is perfectly normal and that can lead to a bigger drop when they panic.
full member
Activity: 252
Merit: 100
December 06, 2017, 02:20:31 AM
#9
Hi, after the fast pushing of bitcoin price last days ( which bringa it to >11k $ ) an analysis reports that a pullback correction is still possible with 10k$
To read the full report : https://www.coindesk.com/adrenaline-rush-over-bitcoin-eyes-12000-but-correction-possible/
Well, there is a peak altitude, and now there will be a swing up then down, until again sharply upwards. But the end of the year is sure to be a stop or a recession, so you need to prepare mentally.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
December 06, 2017, 01:27:34 AM
#8
we have already had one correction after the push past $11,000 where price dropped properly below $10k even. it is impossible to see a correction every  day when the same price is reached! currently price is headed up, and as you can see today, it already past $12,000 too. now you can start thinking about a correction although the rise was tiny because it was less than a 10% rise.

i personally believe we will see the correction when we see $13k, either breaks above it and comes down or tries to break it and comes down. anyways there is a $200 wiggle room there before the correction starts.
therefore for traders must take the opportunity they have,
before the correction occurs,
if we can take advantage of every $200 friction you say,
the benefits can be very visible and may be exploited before the correction
legendary
Activity: 3472
Merit: 10611
December 06, 2017, 12:56:28 AM
#7
we have already had one correction after the push past $11,000 where price dropped properly below $10k even. it is impossible to see a correction every  day when the same price is reached! currently price is headed up, and as you can see today, it already past $12,000 too. now you can start thinking about a correction although the rise was tiny because it was less than a 10% rise.

i personally believe we will see the correction when we see $13k, either breaks above it and comes down or tries to break it and comes down. anyways there is a $200 wiggle room there before the correction starts.
sr. member
Activity: 798
Merit: 268
December 05, 2017, 07:55:58 PM
#6
What's new? people and big investors wants to give this type of analysis so that many will buy this thing and start selling their coins. And when it all happens, that will be the time for them to buy more bitcoins at the lowest price that it may dip. This has been their technique and remember the FUD thing that Dimon has spread and now his company starts to bitcoin.

They are just really trying to dump the price of bitcoin so they can buy more but well we can't stop them from doing that and instead grab this opportunity also to buy more bitcoin. But in the end bitcoin will keep on soaring. Correction will surely happen and don't be scared just keep on holding.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
December 05, 2017, 07:11:38 PM
#5
11,000 - 10,000 = 1,000

It's just about 10% of the value. No problem for Bitcoin, a correction is for 3-4 days only lol. As usual, people in hurry will sell their bitcoins asap and other will use the opportunity to buy more bitcoins for cheap and sell when the price comes back. Then the next week the price increase by $1,000 or $2,000 Cheesy
hero member
Activity: 766
Merit: 509
December 05, 2017, 07:06:27 PM
#4
Looks like you are another newbie account trying to bring down the price and trying to speculate with fud, you are not going to go anywhere dear.

Much lower than 10k. Lots of people are going to be shocked.

The price is not going to drop for now, so dont think about it anymore, because it is not going to happen.
Maybe it will have a correction, but why do you think that it is going to drop below twelve thousand dollars? it is almost impossible. And if it happens, it is not going to be a "big crash" because $10k are just a 20% of the actual price, which is nothing.

Just look over the charts from a few months ago, a 20% of the price when bitcoin was $2000 were just $400.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
December 05, 2017, 07:06:09 PM
#3
What's new? people and big investors wants to give this type of analysis so that many will buy this thing and start selling their coins. And when it all happens, that will be the time for them to buy more bitcoins at the lowest price that it may dip. This has been their technique and remember the FUD thing that Dimon has spread and now his company starts to bitcoin.
newbie
Activity: 33
Merit: 0
December 05, 2017, 07:00:59 PM
#2
Much lower than 10k. Lots of people are going to be shocked.
full member
Activity: 472
Merit: 101
December 05, 2017, 06:55:33 PM
#1
Hi, after the fast pushing of bitcoin price last days ( which bringa it to >11k $ ) an analysis reports that a pullback correction is still possible with 10k$
To read the full report : https://www.coindesk.com/adrenaline-rush-over-bitcoin-eyes-12000-but-correction-possible/
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