next Bitcoin price correction WHEN? - page 2.

BrewMaster

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Quote from: kesmex on February 23, 2021, 06:32:54 PM

Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

Keep an eyes in March, because according to history, March was a month for bitcoin correction, and before March the altcoin price dumped up to 30%, because bitcoin price corrected 10% - 15% of course, this made traders panic and sell crypto assets, even though it's still bullrun. So correction is a natural thing, we wait until March, hopefully March is not a month of correction but a month of recovery.

i don't see anything special about March in previous years and the market was the same as other months of the year. it is not surprising to me because price doesn't move based on months but based on a lot of other complicated factors!

STT

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42k is a good mention because thats close to the bottom pricing now, the last area of volatility then forming part of future action rings true. Price has to correct when it moves too rapidly without enough volume but how serious is that correction is another matter, some assume it will just rise back and resume and others I heard say it can be 6 months to even out.

Price right now is above some uptrend but between two measures of momentum short term, overall it remains bullish above the 50 day average. The recent highs today are marked by the 2 day average and below us is 12hr average representing in some way the rise in price since the pullback and low. Price action must determine between these which is correct.

ethereumhunter

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We already the bitcoin price correction, so I guess we will see it happen in the future and not this month. But we do not know if the correction will come again after the price. I think we still need to prepare for anything that can happen later, and if the correction happens, we can use it to buy as much as we can. Maybe we can focus on buying more bitcoin as before to have more bitcoin than before. But the drop yesterday made many people surprise as they do not imagine if the price will go down lower on that price.

CoinFoxs

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Quote from: Febo on February 22, 2021, 12:33:32 PM

Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

There was a correction just few hours ago. Price dropped to $47622 on Binance. Remember to catch such corrections and to be able to buy them you need to have active orders set at right price on the exchange before the dip happens. Pretty impossible to do it perfectly.

In bitcoin’s case correction of price is good because after the correction bitcoin go high and break all previous record. Price was corrected yesterday i think this time bitcoin will cross 65k$ milestone so buy bitcoins as much as you can if you really want to get profit in near future.

arwin100

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Quote from: kesmex on February 23, 2021, 06:32:54 PM

Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

Keep an eyes in March, because according to history, March was a month for bitcoin correction, and before March the altcoin price dumped up to 30%, because bitcoin price corrected 10% - 15% of course, this made traders panic and sell crypto assets, even though it's still bullrun. So correction is a natural thing, we wait until March, hopefully March is not a month of correction but a month of recovery.

There's nothing wrong to believe on what you are saying but also just keep your eyes open to the possibilities of the comeback since if we compare before and now things are truly different since we have big news happened recently. But if those huge correction came on March well we should be prepared to take the profits or do the stop loss to secure and minimize the possible damage.

kesmex

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

Keep an eyes in March, because according to history, March was a month for bitcoin correction, and before March the altcoin price dumped up to 30%, because bitcoin price corrected 10% - 15% of course, this made traders panic and sell crypto assets, even though it's still bullrun. So correction is a natural thing, we wait until March, hopefully March is not a month of correction but a month of recovery.

vintages

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

Recently there is drop in price. We might want it as correction but with the way people are pointing at Elon Musk as the cause, I don't think it the correction we are waiting for. And this is because every correction should be natural without influence. Don't be surprise if you see, price drop to 40k or even below. Even at as that, it's a good thing.

Febo

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Quote from: Febo on February 22, 2021, 12:33:32 PM

Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

There was a correction just few hours ago. Price dropped to $47622 on Binance.

It seems I was wrong. there was new correction today price on Binance was got to $44892. Hopefully we ill not get new correction tomorrow and I will have to correct my self again Tongue

SquallLeonhart

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Quote from: josgandosbro on February 22, 2021, 05:39:17 AM

Bitcoin is any time to up and down. So it not easy to guss thi price. People check the price day by day in the market place. Bitcoin now day by day increasing. So people befor invest check the price market then people invest. Bitcoin is any time to hit the price. So wait and hold the Bitcoin long time. Then you get more profit and get more information.

That is the problem right now as well, the price dropped like 4-5% and everyone started to be insanely scared of a huge bear run coming, all because of a 4% drop? Like seriously how long have you been in crypto, can you not realize that 4% drop in bitcoin is not a bear run but just a correction and in order for us to call it a bear run it needs to be over 15-20% drop? I am not saying this to you, I am just saying it to people who fail to realize that bitcoin could go up or down 5% and that means nothing, it doesn't mean we are suddenly doing awesome, it doesn't mean we are doing horrible neither, it just doesn't mean anything at all.

We are going to end up with some people who overreact, there is no way to stop them mate, I know you do see it and think it is funny because I do think it is funny as well and I know how you feel but there is nothing we can do.

Febo

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

There was a correction just few hours ago. Price dropped to $47622 on Binance. Remember to catch such corrections and to be able to buy them you need to have active orders set at right price on the exchange before the dip happens. Pretty impossible to do it perfectly.

Fundamentals Of

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Hey, if you have been looking forward to a stronger correction then here you are at that exact moment. From more than $58,000, the price of Bitcoin at this moment has already fallen down to around $53,000. That's at least $5,000 in correction in just several hours.

This is it. To those who are waiting for a deeper correction so that they will be able to enter at a much cheaper price, this is your moment.

Myleschetty

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

No one knows when the market correction will happen since the cryptocurrency market is an enormous venture but the market is said to be expected whenever the market successfully makes a big pump in price and it not possible for the Bitcoin market to make the $80K-100K without any correction.

cabron

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We are almost to the point of correction already. The price is overly high already I'm sure it's overbought but because of the USD devaluation, there are investors still coming to buy BTC. I think once covid is over that's when we see the real drop. As of now, I can see some tokens are just starting to go up. Crypto.com (CRO) looks like a late bloomer but its gradually regain its position.

josgandosbro

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Bitcoin is any time to up and down. So it not easy to guss thi price. People check the price day by day in the market place. Bitcoin now day by day increasing. So people befor invest check the price market then people invest. Bitcoin is any time to hit the price. So wait and hold the Bitcoin long time. Then you get more profit and get more information.

bitterguy28

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

How i wish we all knew when this happens because for sure we can anticipate being go with the dumping.But none of us knows when this come and how much is this ..But one thing is fore sure , we will not be advised when this comes Sad

So better watch the market and set your stop loss or else you'll be end up losing a chunk of your investment.

MiF

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

This month wouldn't initiate a big correction, bitcoin still stabilized a good price ATH which entire February would remain profitable for holders. Doing short trading is good but be careful when selling during downfalls, you won't notice price recovers faster. In March try to observe the market charts for bitcoin in several exchanges, corrections is possible but it won't fall until $40k but we'll see below $50k.

maydna

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Quote from: arwin100 on February 21, 2021, 06:00:40 AM

Quote from: maydna on February 21, 2021, 05:48:20 AM

~snip~

No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain.

I think this day the correction comes because the price is down at the $55k level. But we do not know when the correction will stop, and the price can bounce up to the high price. It is normal to see the correction after the price reaches a high peak, but we are getting a good chance to buy back bitcoin after selling some at a high price. We never know what will happen after this, and if you think that this time is the best time to buy bitcoin again, you can place your order buy before the price start to increase.

bazukash

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No one for sure cannot predict the price or rally or anything else. Everything is speculation from price to demand. We all want to see as much high price as possible and this is said without anything that can be as greedy as possible, honestly we all want that. To be able to see that price is something that we want or hoped to be good for us. But then comes the greedy part. No matter how price comes to be high as possible we always want more and more.

gabbie2010

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Quote from: veznata on February 20, 2021, 08:48:29 AM

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

The volatility of the price of bitcoin is very high such that price had been experiencing minor corrections in recent times, predicting the exact period when the market will experience a major correction is beyond the imagination of any speculator, even now when institutional adoption of bitcoin is growing thus making it even more difficult to predict the price who knows whether there will another new adoption just like that of Tesla? all these positive fundamentals news will not triggers any major price of Bitcoin rather the price will trend bullishly upward.

danherbias07

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It actually slowed down this 55-57k.
I think that is a sign that a correction will come.
As for my max prediction of the bull, above 60k might be the most difficult to break and upwards.
$45k as my lowest when the correction happens.
But that's just my own prediction. It's still your choice at the end of the day.

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