Topic: Price is increasing too fast, will there be a correction? - page 3. (Read 1899 times)
I think correction will be there but after it touch $4000. The way Bitcoin price doubled in the month of may. Similarly I think the price will simply gonna touch $4500 and then there would be fall to $4000. After that it will keep on fluctuating between $4000-$4500 for a time before touching $5000.
Will we have a correction before $4000? Or will it escalate even higher?
Need your opinion before buying more.
good question i think after the bitcoin down fall due split issue the bitcoin currency and their value are very powerfull that the bitcoin is important coins in decentrilized ccryptocurrency the father or the founding of altcoins and i guess the bitcoin value continues pumping upto 5000$ before end of this year. Need your opinion before buying more.
Will we have a correction before $4000? Or will it escalate even higher?
Need your opinion before buying more.
Need your opinion before buying more.
Honestly right now it seems like a bit of a bubble. Price has increased a lot and personally, i don't think it's going to be sustainable in the long run. There will definitely be somewhat of a correction i think by the month end.
But for now, i think we'll just see more pumping at least until Segwit gets activated around a week later.
It's no good just blindly buying into the market anytime just because others are saying so. Think rationally. Even if you bought at $2800 which is high you'd still be cashing out a cool $900+ profit per coin.
a correction can not happen every day in a rising market (or bull market). and if you look around you can see that there was already a big correction a couple of days ago which was about 11% drop in price and then it recovered and started rising again.
and this time the correction will happen near the $4000. if it can not be broken then it will happen below it and if it can be broken (which has a less chance of happening) the correction will be delayed and price will probably stay above $4000
and this time the correction will happen near the $4000. if it can not be broken then it will happen below it and if it can be broken (which has a less chance of happening) the correction will be delayed and price will probably stay above $4000
I think this time can be different, because it is rising too fast, and since SegWit was approved and the fork was proven to be harmless, people are buying by the hundreds.
Maybe the correction will only be at 5k, or even 10k. So might be better to buy now and hold, since these values can be reached soon, as the curve gets steeper.
People always think this time is different. You can always attribute reasons to it and rationalize. But in the end, history repeats itself. The dot com bubble was followed by a crash, even though the internet had huge potential. This time too, there will be a correction.
If you need someone to tell you when you should buy bitcoin - you should not be buying bitcoin.
Fear is good. It can keep you from making dumb mistakes. You can't go wrong buying in a bull market (unless you buy at the very top).
We are in a bull market.
We will likely see at least 5k sometime this year.
People learn from mistakes, buying bitcoins even on top is not some huge mistake, sooner or later price will go higher and profit will be there, not so big as it could but something is always better then nothing. Like friend said you can't go wrong in a bull market.
5.000$ this years sounds awesome, but I'm not sure can bitcoin price mark 5k this year. Reasonable prediction is 4000$ for one bitcoin and that is more likely to happen, but bitcoin price surprised us so many times that even getting to 5k is possible to happen, with bitcoin many price changes are possible, best is to buy bitcoins and just wait.
If you need someone to tell you when you should buy bitcoin - you should not be buying bitcoin.
Fear is good. It can keep you from making dumb mistakes. You can't go wrong buying in a bull market (unless you buy at the very top).
We are in a bull market.
We will likely see at least 5k sometime this year.
Its normal to express some level of uncertainty in this case of upward trend in price without any sign of retreating in sight and considering historical analysis, there is some level of correction that should be expected however, its not all automatic as in this case the increase in price can be said to be the fall out of August 1 and the upcoming SegWit which are both to influence the increase. It is at the point where this factors have weaned off the market but the price still increases, then a correction is knocking on the door within a short period of time.
If you need someone to tell you when you should buy bitcoin - you should not be buying bitcoin.
a correction can not happen every day in a rising market (or bull market). and if you look around you can see that there was already a big correction a couple of days ago which was about 11% drop in price and then it recovered and started rising again.
and this time the correction will happen near the $4000. if it can not be broken then it will happen below it and if it can be broken (which has a less chance of happening) the correction will be delayed and price will probably stay above $4000
and this time the correction will happen near the $4000. if it can not be broken then it will happen below it and if it can be broken (which has a less chance of happening) the correction will be delayed and price will probably stay above $4000
I think this time can be different, because it is rising too fast, and since SegWit was approved and the fork was proven to be harmless, people are buying by the hundreds.
Maybe the correction will only be at 5k, or even 10k. So might be better to buy now and hold, since these values can be reached soon, as the curve gets steeper.
Everyone I've talked to outside the scene is bullish now. We won't see a correction from the casuals, only when the hodlers start selling.
When do holders feel the heat? 4000? 5000? 10000?
When do holders feel the heat? 4000? 5000? 10000?
a correction can not happen every day in a rising market (or bull market). and if you look around you can see that there was already a big correction a couple of days ago which was about 11% drop in price and then it recovered and started rising again.
and this time the correction will happen near the $4000. if it can not be broken then it will happen below it and if it can be broken (which has a less chance of happening) the correction will be delayed and price will probably stay above $4000
and this time the correction will happen near the $4000. if it can not be broken then it will happen below it and if it can be broken (which has a less chance of happening) the correction will be delayed and price will probably stay above $4000
price is increasing too fast or not,
we will always see correction later on,it's just about the time to see that.
the only question is,how long this movement will be ?
because if we know it we can maximize our profit during this rally,
and we can increasing our Bitcoin when the correction comes.
it can be surpassing $4000 marks at anytime soon,
or it can not be,everything is possible
we will always see correction later on,it's just about the time to see that.
the only question is,how long this movement will be ?
because if we know it we can maximize our profit during this rally,
and we can increasing our Bitcoin when the correction comes.
it can be surpassing $4000 marks at anytime soon,
or it can not be,everything is possible
Will we have a correction before $4000? Or will it escalate even higher?
Need your opinion before buying more.
I'm sure there will be no correction today because a few days ago we could see bitcoin prices weakening, but now it seems to be going up and continue to increase. I am sure Need your opinion before buying more.
Will we have a correction before $4000? Or will it escalate even higher?
Need your opinion before buying more.
Need your opinion before buying more.
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