Market seems in correction mood | Bitcointalksearch.org

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: shinratensei_ on June 23, 2024, 04:12:35 AM

Quote from: bittraffic on June 21, 2024, 01:39:01 PM

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.

Some of them has reasonable opinion though, it might be a bear trap but it can be other thing, market is full of uncertainty, granted that there will be no economic turbulence anymore price probably gonna recover.

we should also learn that past bearish also don't come out of nowhere, there's always narrative that could either causes bullish or bearish, the ETF narrative helps cause bullish, but the collapse of FTX back then where it caused people to fall victims losing majority of their asset which hopefully gonna gets credited to them back again eventually also the cause of bearish. so far there's still no narrative for sudden massive bearish. so hopefully this bearish won't last long.

Bear trap or not, there's no way that you could really be able to predict 100% precision on where price could go but somehow with the help with those technical analysis then you could really be able to make yourself having that kind of approach when it comes to know on what are those probabilities that it could neither be a bear trap or not. There's no way to identity whether it would really be getting in line with those predictions or analysis or would really be that going into the other path or ways on which we know that when it comes to probability of sudden news and sentiments could really be there on which it is really that hard on having this kind of conclusions anytime we do tend to make some entry or exits on which just like always where market is really that unpredictable.

There's no way that we could be able to tell on where it would be going and this is why every decisions to be made will really be just that depending or basing up into your own
analysis and skills that you do have on how to deal up with this volatile space. Outcomes and results will really be that vary on every decisions or actions to be made on.

Hallroom

member

Activity: 742

Merit: 21

Quote from: Jonyshake71 on April 13, 2024, 06:35:04 PM

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

There is an economic crisis not only in Iran but also in the whole world, where there is an economic crisis there will definitely be an impact on cryptocurrencies. But there is another reason for Bitcoin to touch a bull market, a bear market must be overcome. A bear market is currently in place as a bull market awaits in 2025.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: bittraffic on June 21, 2024, 01:39:01 PM

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.

Some of them has reasonable opinion though, it might be a bear trap but it can be other thing, market is full of uncertainty, granted that there will be no economic turbulence anymore price probably gonna recover.

we should also learn that past bearish also don't come out of nowhere, there's always narrative that could either causes bullish or bearish, the ETF narrative helps cause bullish, but the collapse of FTX back then where it caused people to fall victims losing majority of their asset which hopefully gonna gets credited to them back again eventually also the cause of bearish. so far there's still no narrative for sudden massive bearish. so hopefully this bearish won't last long.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: bittraffic on June 21, 2024, 01:39:01 PM

Quote from: DyllanGM on June 21, 2024, 12:19:07 AM

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.

Why are you so surprised by it? That's how influencers made their money by duping the people who saw them as role models, and yes, the stupid people who were constantly duped by influences must also be blamed.
The craziest thing is that people are completely unaware of this, and they continue to follow any orders from their favorite influencers; However, there may still be some legit influencers who did not deceive their followers. In the end, retail investors will always fall victim to crazy influences and whales.

Bitcoin price movement is difficult to predict, but I believe it will fluctuate between $66k and $60k. Again, be cautious. Finally, stable token holders can take advantage of Bitcoin's bearish trend.

colinistheman

hero member

Activity: 907

Merit: 1003

Quote from: DyllanGM on June 21, 2024, 12:19:07 AM

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.

If the price drop for the bitcoin is happen,the same will be reflected in the altcoin market.So it was essentially important for the traders to use this volatility to invest at the right price.If the trader use the market volatility to inverse their money,surely they will make some good profit from that coin.Choosing of potential coin will help the traders to get away from the loss their investment.The market correction will occur after the bull market,because the price will increase to maximum at the bull run will get auto correction after the bull run in the market.

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: DyllanGM on June 21, 2024, 12:19:07 AM

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.

The crazier part is that the influencers are still making it like this is just a dip and so they keep telling thier audience there is a signal to pump. The audiences though hare not believe this is a correction that will dip below $60k. But if I am to look at it in the longer time frame, I think it will actually. Maybe even below $50k if my speculation comes true.

DyllanGM

full member

Activity: 235

Merit: 100

Actully the current correction in the crypto market, where altcoins and Bitcoin have seen a significant drop of 15% to 40%, can be attributed to multiple factors. Market corrections are natural after substantial gains, as investors often take profits, leading to temporary dips. moreover, the anticipation of Bitcoin halving next week could be causing volatility, as traders speculate on future price movements. Geopolitical events, such as the Iran-Israel conflict, might also be contributing to market instability, as uncertainty typically drives investors to safer assets. Overall, a combination of these factors is likely influencing the current market downturn.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: Volimack on June 08, 2024, 05:12:51 AM

When the market goes down many traders get frustrated and sell the coins to the market at a loss.

I'd not call them as traders to be honest, They being called as panic sellers instead of traders. Traders will always be using the dump as an opportunity to buy more at the bottom. This will be also helping a lot. There will always be a recovery phase after a huge dump by bitcoin.
Things are not so easy for bitcoin at this moment considering that it's always getting rejected after bitcoin is only one step away to break the resistance. This is the main problem owned by so many traders at this moment.
Many of traders have weak mentality and they can't become diamond hand once they

Quote from: Volimack on June 08, 2024, 05:12:51 AM

If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

Just always use the recovery time as a momentum to sell our tokens. I got decent profit from bought IO @ 4,7. it's not above 5.5 and it was going up only in a few days of wait. Im feeling so damn good with the future of IO.
The correction is always happening, it's not only when we are in the bullish market. People must be fully preparing their strategy in order to keep survive. Sometimes, the whales can also eat you.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: Volimack on June 08, 2024, 05:12:51 AM

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

The first question that comes to mind is what do you call going down? From $1000, 2000, or around that going up or down is a common thing in a bull run if we are talking about Bitcoin but if the market goes down a lot then it can be said that the market is going down, and for that people who don't want to hold their money for a long time use stop-loss and those who want to invest well, should follow the DCA method and only panic sellers sell when the market goes down.

Losses are taken because the market movement is trivial. The most important thing is to stay in the crypto market and profit from trading requires patience and tolerance. If your purchased coin has gone to a loss, you should see if it has the potential to go up again and hold, if you think there is no hope, sell and use the funds for trading.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: Volimack on June 08, 2024, 05:12:51 AM

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

Basic knowledge is required when doing a trade. Once the market has been dumped, it will eventually recover after bitcoin will have done with it. This is an old story that is always being repated anytime. Smart traders will always take advantage of this opportunity to buy at the lowest possible price, bitcoin may be facing another recovery again very soon. Im feeling if it will be back again later. I am confident that Bitcoin will rise again. The key issue now is whether Bitcoin will take some time to recover from its crash. Bitcoin has fucked us again.

This is also having a significant impact on the pricing of altcoins caused by mostly of altcoins were follwoing bitcoin. I'm still expecting bitcoin will come back soon. I have suffered a loss, but it is not significant given the opportunity provided by bitcoin to buy at the bottom. I am confident that this will increase again in the near future.
Things are really unpredictable these days following what bitcoin has done. Bitcoin raped us again, and it appears that market makers were eager to liquidate for an extended period of time. People must be arriving long after Bitcoin has completed its dump. Bitcoin is shit now lol. The shitshow is still happening may be till the next days.

Volimack

member

Activity: 462

Merit: 13

★Bitvest.io★ Play Plinko or Invest!

When the market goes down many traders get frustrated and sell the coins to the market at a loss. If you invest in the crypto market you have to remember that the market will correct. Going down indicates going up. That's why you have to wait without panicking and selling. During a bull run the market will go into correction.

tsaroz

legendary

Activity: 3094

Merit: 1069

DGbet.fun - Crypto Sportsbook

Quote from: bastian466 on June 07, 2024, 02:43:52 PM

Quote from: Nazmul012 on May 30, 2024, 02:32:30 PM

That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.

Market corrections give us the opportunity to increase the assets we own and can also be a starting point for short trades, so we have to be calm and be able to take advantage of the market situation, don't panic easily so that we avoid anxiety. I am trying to apply the current DCA method at the right time interval by utilizing price movements in the market to add assets

The OP might have been talking about a previous correction while we have seen another large one yesterday. So, it can be said that its normal to have some correction after a larger price hike. It prepares the base for another bull run creating large layers of resistance. It's bad for investors who are liquidated though. I got my Solana and Bome investment liquidated by a very moment of price crash.
If you have USD in hand, it's a good time to DCA and a good time to start a leverage trading. The crash don't guarantee a future price rise as there still could be another correction but the chances of that would be low.

bastian466

sr. member

Activity: 1372

Merit: 251

PredX - AI-Powered Prediction Market

Quote from: Nazmul012 on May 30, 2024, 02:32:30 PM

That was natural OP cause now we can see these dumps are already recovered and altcoins already raised up alone with Bitcoin. So don't be panic or don't sell your share what you have hold for upcoming bull season.rather correction market provides opportunity to buy more altcoins with discount price. So you should follow it. And It is very normal for crypto insutry to pump and dump continuously. Its also provides opportunity for traders for DCA and making profit.

Market corrections give us the opportunity to increase the assets we own and can also be a starting point for short trades, so we have to be calm and be able to take advantage of the market situation, don't panic easily so that we avoid anxiety. I am trying to apply the current DCA method at the right time interval by utilizing price movements in the market to add assets

colinistheman

hero member

Activity: 907

Merit: 1003

The market will auto correct itself after the some bull run,this is the common one in the most of the altcoin and the bitcoin.It was needed for the trader to hold their money at the time of the correction in the crypto currency trading.Most of the traders will loss their profit by just selling at the panic situation,So the new traders should learn to hold their money at this market correction time.Rushing on the sale was the not required one in the market correction time.The trader should not get panic to sell to avoid of the loss.The good potential coin never make you to loss the money in trading.

rodskee

full member

Activity: 2520

Merit: 204

OrangeFren.com

Quote from: Lamkuthang on May 23, 2024, 01:24:35 AM

Quote from: rodskee on May 18, 2024, 12:44:31 AM

Quote from: Mehedi72 on May 17, 2024, 06:29:48 PM

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time.

is it EXPECT ? and not except ?

and there are no continues increase in anything mate not even in all investment in the world,
but bitcoin is always better to look in so many ways even in the future.

Yes. of course, and where there is crypto, it continues to rise and there is no correction. BTC alone is the purest and also does not escape market fluctuations.

every currecny in crypto may experience correction and fluctuation and that is given mate,
not the problem is that how we to manage that correction if we will be rushing to sell or rushing
to buy that many whales use as strategy ?
this market is moving roller coaster most specially in this after halving season , there are
so much expectation from all sides of the market that also effect the outcome each time.

fauzan Ichsan

full member

Activity: 1246

Merit: 102

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Silberman on June 04, 2024, 02:04:23 PM

Quote from: ?? on ??

The market is in a dump condition, is this really a correction that occurred after Bitcoin reached a new ATH, with lots of news about there being a big wave in the next few months with a correction like this, be more confident in buying coins now, there is hope of getting big profits getting closer. I took this opportunity to save some coins which I think are worthy of long term investment while waiting for the big wave to occur.

I am confident to say the dump is basically over at this point, bitcoin is once again trading slightly above 70k and the market is for the most part showing a nice growth, however it is still not clear if a new ATH is on the cards during the next weeks, as even if it is not that far away, every single time we get close to it the bears strike back and the price goes down once again, however as long as bitcoin remains close to the ATH then it is just a matter of time until we get a new one.

Many people think the same way, basically right now we are just waiting for the altcoin season to come, but no one knows for sure when it will come. a correction after bitcoin penetrates a new ATH is a natural thing, especially since the current correction is not too deep and it is a good thing for altcoins to follow it so preparing for it from the start would be better, The thing to note is don't be greedy when that time comes

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: ?? on ??

The market is in a dump condition, is this really a correction that occurred after Bitcoin reached a new ATH, with lots of news about there being a big wave in the next few months with a correction like this, be more confident in buying coins now, there is hope of getting big profits getting closer. I took this opportunity to save some coins which I think are worthy of long term investment while waiting for the big wave to occur.

The market needs to stabilize its movement. Moving up too fast is not that good. You should not be surprised to see that how bitcoin is still staying at the same place. The side ways may be happens for months. Just always be careful with this. I meant we can't really sure what things that will come soon.

There may be a surprise coming for the crypto currency. Im still hoping everything is fine now. People are starting to believe we are heading toward the new ATH at this moment.

Just try to prepare yourself for the all of the possibilities. Bitcoin's chart is now steadily moving up. I have been longing it and it may be getting a small correction then. Im feeling very optimistic about bitcoin at this moment.

Bitcoin may be able to break new aTH again very soon. Let's prepare your seatbelt for this. Prepare your bags.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: ?? on ??

The market is in a dump condition, is this really a correction that occurred after Bitcoin reached a new ATH, with lots of news about there being a big wave in the next few months with a correction like this, be more confident in buying coins now, there is hope of getting big profits getting closer. I took this opportunity to save some coins which I think are worthy of long term investment while waiting for the big wave to occur.

I am confident to say the dump is basically over at this point, bitcoin is once again trading slightly above 70k and the market is for the most part showing a nice growth, however it is still not clear if a new ATH is on the cards during the next weeks, as even if it is not that far away, every single time we get close to it the bears strike back and the price goes down once again, however as long as bitcoin remains close to the ATH then it is just a matter of time until we get a new one.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: Jonyshake71 on April 13, 2024, 06:35:04 PM

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

since the beginning of the year correction have been in every after pumping meaning you already knew the answer here and that is completely correction , but about Iran vs Israel's war? this has been happening for how many years now that these countries will never be a friend.
so try waiting for a while and see that this market has something promising for you to take advantage, buy now take this chance .

siniminomorocomunisakito

member

Activity: 416

Merit: 34

Quote from: milewilda on May 30, 2024, 03:41:55 PM

If we do speak about market conditions then consolidation period or moving sideways is one of the common scenario that we do able to experience in the market same goes with those correction and pumping condition.

Of course this is also quite boring like now where the price of BTC was just there and there almost a few hours ago, many people bought a decrease of almost 20-30% but have not shown a significant increase because they are waiting for BTC, son. this is why BTC is always king when waiting is the most tedious job.

Topic: Market seems in correction mood (Read 780 times)