Topic: Long awaited Bitcoin correction(+) - page 5. (Read 1211 times)
I know a lot of people didn't see this coming. Those who believe in hype will not survive in this type of harsh environment for long. I hope this will serve as a lesson to those who follow the advice of so-called experts.
Well, long-awaited bitcoin correction has started. I believe the price may come down as low as 10k or 11k. It would rise again after a while.
i am really sad that i can not predict precisely when will bitcoin drop, that has made me lost of profit. i have never expect bitcoin is gonna drop so soon, i have no choice but to hold my bitcoin and wait until it rise again.
You should study the bitcoin price history so that you will not regret on your decision. Every pump there is always a dump, remember do not enter the market while it's in peak price because there are big possibilities that bitcoin will be dump because there are many people who wanted to get their profit at this time while you are wanted to buy at the peak.
If we hold current position for long enough (level 13.2-13.6) so it will be reversed H&S signalling us to open long positions with targets 15-16
If we broke below now - correction will continue to 11.5
this is what chart says, but it is not wise to buy now, we need to drop deeper to establish a new long therm up-trend till march or something
But, if the darkest version come - Btc will step back to give way for the Bch, Eth, and two-three good alts
If we broke below now - correction will continue to 11.5
this is what chart says, but it is not wise to buy now, we need to drop deeper to establish a new long therm up-trend till march or something
But, if the darkest version come - Btc will step back to give way for the Bch, Eth, and two-three good alts
The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC
I disagree with your title, but agree mostly with the rest of what you said.
it is not really long awaited. we have had lots of corrections each time a rise happens. they are pretty common and they do occur. and most of the times they are indeed huge corrections of 20$ to 30% with a lot of volume going around in the market.
as for the drop, it is a different sort of correction this time because in addition to all the usual things that cause the drop, there is the ridiculously high transaction fees that bitcoin currently has. that never leads to anything good. and it can practically intensify the panic sell.
The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC
I disagree with your title, but agree mostly with the rest of what you said.
it is not really long awaited. we have had lots of corrections each time a rise happens. they are pretty common and they do occur. and most of the times they are indeed huge corrections of 20$ to 30% with a lot of volume going around in the market.
as for the drop, it is a different sort of correction this time because in addition to all the usual things that cause the drop, there is the ridiculously high transaction fees that bitcoin currently has. that never leads to anything good. and it can practically intensify the panic sell.
How to start the best trading in bitcoin, we should know what is bitcoin.
Here are the steps to start bitcoin trading:
1.Why everyone wants to grow a business in bitcoin.
2. About the best trading practices with bitcoin.
3.Bitcoin storage in bitcoin account.
4. What is the daily income of bitcoin.
5. Starting bitcoin trade.
6.How to keep bitcoin money safely.
I need to have deep knowledge to follow the bitcoin correction.
It's never too late to start bitcoin correction, we can and definitely can.
Here are the steps to start bitcoin trading:
1.Why everyone wants to grow a business in bitcoin.
2. About the best trading practices with bitcoin.
3.Bitcoin storage in bitcoin account.
4. What is the daily income of bitcoin.
5. Starting bitcoin trade.
6.How to keep bitcoin money safely.
I need to have deep knowledge to follow the bitcoin correction.
It's never too late to start bitcoin correction, we can and definitely can.
Correction came when it was not expected at all. And what happens to the price of cryptocurrency now, is not the end. I think bitcoin and other coins will become cheaper by another 30-40% of their current cost.
Oh bro! That was expected. In fact, I was even surprised the market got pushed up to that extent, I expected this huge correction a long time ago and thank God it happened now because if it did not, the effect would have been pretty huge. I guess it is time for sanity to come back to this market as we all know that the only thing increasing bitcoin right now are just some manipulators as well as FOMOs who wanted to get rich overnight and have no single knowledge of what bitcoin is really all about. I am sure a lot of them are shaken off right now selling at losses while the real believers are still standing tall.
i am really sad that i can not predict precisely when will bitcoin drop, that has made me lost of profit. i have never expect bitcoin is gonna drop so soon, i have no choice but to hold my bitcoin and wait until it rise again.
Correction came when it was not expected at all. And what happens to the price of cryptocurrency now, is not the end. I think bitcoin and other coins will become cheaper by another 30-40% of their current cost.
bitcoin is going down whats happening 
will it rise again 
Don't worry and don't panic sell your bitcoins, it's just a correction. price will shoot up again and go higher and higher. will it rise again 
I wonder how much the correction will last... Want to invest in Bitcoin, but I'm afraid of doing it too early or too late
bitcoin is going down whats happening will it rise again
Don't worry and don't panic sell your bitcoins, it's just a correction. price will shoot up again and go higher and higher. will it rise again bitcoin is going down whats happening will it rise again
Lots of people are switching to bch because of the coinbase listing of it. Then the txs are piling up, I'm guessing lots of people are getting fed up with it. There's also a possibility that the dip is affected by the Christmas season but I doubt it. will it rise again bitcoin is going down whats happening will it rise again
If you will sell right now than only you will loss, just hold whatever amount of bitcoin you have right now. will it rise again Wait for next few weeks, bitcoin will be well over $50k within next few years.
Just increase your bitcoin holding by selling alts right now as alts are stronger against btc.
bitcoin is going down whats happening will it rise again
Don't worry and don't panic sell your bitcoins, it's just a correction. price will shoot up again and go higher and higher. will it rise again
bitcoin is going down whats happening will it rise again
will it rise again
Well the massive correction is here. Hang on for the ride newbies! 30% is about where this should stop, but we'll see if we're going to have a bear market for a bit here. I'm not expecting it, as we're still so far on the growth scale and there was no real news that lead to the dip.
The corrections is going to happen but is not going to be serious one as many traders are awaiting the corrections to buy and push the price up. We are expecting price to fell a little below 15,000 dollar to buy again and after that bitcoin may push above $20,000 as speculated that this will happen before end of this year.
Correct, i will believe the correction not too deep and bad since many trader are waiting the correction and buying again to push the price up. Bitcoin has big community as back up to make the price stable in up price.
If traders see some stable support they will surely bounce back, but for now I can say we will see bitcoin at around $12k again but for sure go even higher after that. This is what we are waiting for, the correction of bitcoin, this is just a temporary so better to buy more now.
I have always had a great conflict when it comes to believing in any data that comes from that superstion called "technical analysis". I prefer to believe that many people invested in bitcoin earlier this year expecting a good return, and once they reached it when the price touched $20,000 a few days ago, they considered it the ideal time to take profits. Remember that Santa Claus also suffers budget cuts and bitcoiners parents have to pay part of their expenses these days! But in a few days we will resume the upward trend, without a doubt.
In my vision, TA it is just a "snapshot" of human behavior on the markets, and all the levels, instruments, indicators is used just to reach a collegial decision when we up, or when we down
And, my current position stays as is - Btc is in corretion now, and if we broke 15, we'll go 12-13, and may be 8-10. Just because it is very good levels to buy, but anyway, Btc is not dead, but the money will be spreaded more equally between all crypto assets
Well, it appears bitcoin price is going down as hell. So many big whales are now dumping bitcoin for bitcoin cash due to bitcoin transaction problem and higher fees.
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