Correction has started? - page 3. | Bitcointalksearch.org

Lucius

legendary

Activity: 3234

Merit: 5637

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This is just a small pullback, and as you can see it didn’t take long. While it may seem drastic to some, given the price we have now - even a few thousand dollars up or down in 24 hours should come as no surprise. The reasons for this short-term decline, according to some, may be that someone decided to take a profit and dump a significant amount of BTC on the market - but given that the prices of some altcoins jumped sharply at the time of BTC decline, we can conclude that part of the capital went to their side.

error08

hero member

Activity: 1036

Merit: 514

A brief correction to $27,7k then rebound to $32k again as fast as it fell. The market still on the bull run, even the correction seems bullish. Whoever started the sell-off has failed to influence the market to panic sell. $30k as the support level appears to hold pretty well, and the next attempt to break the resistance will begin shortly.

TopTort777

legendary

Activity: 2478

Merit: 1492

$31k already and going up. I think this correction was a last chance to jump in into the rocket.
Or it was a move from whales to kickout holders by panic sale. And I must say that they have succeeded in it, according to volume, quite many bitcoins were sold during that drop.

kentrolla

hero member

Activity: 1652

Merit: 569

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I would say that BTC is giving us the opportunity again might be whales played a placard today, Many thought BTC is doing the same like it did in the past pump. Panic sell was quite extreme as BTC went down nearly $5k and again it is back to normal momentum, we can't feel disappointed for that because that's how the crypto market is all about. So let's not be too much greedy as well as not to sell in panic let's watch each and every market movement and plan based on that.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Let's see if bitcoin can recover from this, as of this writing, bitcoin is back at $30k, but I'm not convince yet that it will start rising again. Speculation is the best game to play at the moment, sometimes we are bias because we are investing, some are bullish and some are bearish especially those people who are hoping to buy a cheaper price.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

I also paid attention to the movement of the Bitcoin market and was not so surprised by the large correction that had been predicted. Bitcoin price volatility has been taken into account, in the next few days maybe we will see market corrections occur continuously. for me personally, the market correction is the best moment to buy more and more Bitcoin..

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Bitcoin dumping so fast, it's very red now.

From $33k today, bitcoin has dump to $28k..

What's next for this, and what's the dip? Love to hear your thoughts on what is happening now.

Topic: Correction has started? - page 3. (Read 492 times)