When is next significant correction coming? - page 4.

Marvell1

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Quote from: justdimin on May 10, 2024, 01:01:10 AM

This correction was the one that probably was the last one, I do not expect to have any other big corrections to be fair and I am not sure why would it even happen if you ask me as well...

Surely many people are praying and hoping this is the last adjustment before we enter the most anticipated price increase season. But I have other thoughts and hopes, I hope that there will be a final adjustment in September/October this year and that will be the last chance for those who missed the train and those who want to optimize their investment. But to be able to achieve that, I hope that by July or August the market will soon recover and grow again before another major correction. This is just my speculation and plan, I hope it will happen.
In my opinion, bull season starting at the end of the year will be the perfect time.

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Quote from: TravelMug on May 09, 2024, 07:48:17 AM

We just even seen a correction in the last couple of weeks though, as we went as low as $57k right after the halving. There could be some bad news that week, and the investors just pushing the sell button. Nevertheless, as the market is very volatile, who knows, maybe the price could star to go down again as we are like -1.x% something in the last 24 hours. But this is just short term though, I mean the halving is done, and slowly their will be more demand throughout this year so we need to be resilient as well in this trying times. Around $61k-$63k at the end of the month is not that bad. And then after that, next 6 months might be found for us as it could be some big movements and we will break the last all time high of $73k.

This correction was the one that probably was the last one, I do not expect to have any other big corrections to be fair and I am not sure why would it even happen if you ask me as well. We are after the halving and the amount of money we could make with the upcoming bull run is making everyone excited about the future, more and more people are going to end up buying and that will make the price go up, when it goes up then even more people will end up thinking that they are going to end up making some money.

I really hope that we are going to end up with making some profit so we should probably consider what would be the only thing that could matter. Let's hope that things do not go out of hand and we could consider what we could make with the current situation a lot better.

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Quote from: CageMabok on May 09, 2024, 09:43:35 AM

Quote from: lepbagong on March 12, 2024, 10:45:47 PM

Yes, it could be something that might happen there will be no more corrections, but they continue to move until the peak. But is it impossible that the ATH will be faster than the time that often comes every 4-year period? It is, of course, also interesting to see if there will be no more corrections in this year.
All predictions will change and not be in accordance with bitcoin's habits. Is this possible? Let's just wait for the halving period to end. Currently the trend is continuing to increase.

What you were doubting also happened this year where ATH occurred before the halving and something like that had never happened in the four-year cycle in the previous period. And when you believe that all the predictions have changed, you have also seen a big change that has never happened in previous history so that what happened this year is completely new and has really become real now. Apart from that, the price correction itself is also not too big at this time because a significant decline has not yet occurred except only a small price decrease.

Expect the unexpected as always since this market is really that full of surprises and its true that everyone never anticipated that we would really be seeing new all time high considering that we are still that approaching the halving event on which that event did really that give out that kind of positivity that we might be seeing different as of this current condition on the market or this year cycle. Whether there would really be that correction or not, there's no one on this world would really be able to know whether it would happen or not. All the thing we can do is to speculate and anticipate whether it would happen or not.

The important thing on here is that you do know and been wary on what are the things that you would really be gonna doing just in case situations do really happen on point.
Ready up your funds or trying out to sell if you do have the opportunity or whatever actions you would be making as long it would really be something beneficial for you.

blckhawk

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There's no definite time and date for a correction, we can only speculate, that's probably the best thing that we can do in that situation, if there's a better way than speculation, we would've done it a long time ago but it seems that this is the best already so we just have to make do with what we're given, play the cards that you were dealt with as the saying goes.

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Quote from: RaraAvis on March 04, 2024, 04:34:02 AM

We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good.

That's why you need to look at the time and purchases should be made not only when Bitcoin is at its highest price. Bitcoin has an edge to hold and if it has the opportunity to buy then it should do so in an attempt to accumulate more. No one knows for sure when Bitcoin will return to being in a sharp decline condition because now we are seeing a process of small increases and corrections.

Quote from: RaraAvis on March 04, 2024, 04:34:02 AM

It was consolidating for so long now! Please share your thoughts on to when another correction may be expected?

Create a buying strategy for bitcoin and use long-term investments in the process. If the price is currently high then you can create a purchasing strategy using DCA so that it doesn't affect anything in collecting it.

CageMabok

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Quote from: lepbagong on March 12, 2024, 10:45:47 PM

Yes, it could be something that might happen there will be no more corrections, but they continue to move until the peak. But is it impossible that the ATH will be faster than the time that often comes every 4-year period? It is, of course, also interesting to see if there will be no more corrections in this year.
All predictions will change and not be in accordance with bitcoin's habits. Is this possible? Let's just wait for the halving period to end. Currently the trend is continuing to increase.

What you were doubting also happened this year where ATH occurred before the halving and something like that had never happened in the four-year cycle in the previous period. And when you believe that all the predictions have changed, you have also seen a big change that has never happened in previous history so that what happened this year is completely new and has really become real now. Apart from that, the price correction itself is also not too big at this time because a significant decline has not yet occurred except only a small price decrease.

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Quote from: freedomgo on May 07, 2024, 05:55:00 PM

Quote from: retreat on March 04, 2024, 10:45:33 PM

If price corrections could be predicted, maybe there would be many people now who would take profit, but the problem is that they cannot be predicted. A price correction could happen tomorrow, next week, or in a few months, no one can predict. So if you ask about when the price correction will occur, maybe you won't get the answer here, because no one knows.

That’s how uncertain bitcoin is, which makes us even more thrilled to invest in bitcoin and expect to become rich 10 years from now due to its price correction that will always surprise us. However, this could be a good thing for us but for those who are never aware that bitcoin is this risky and unpredictable, I’m sure it will threaten them instead and become fearful.

Bitcoin price is always unpredictable, but if you are aware on how bitcoin price moves mysteriously, you will definitely lessen the risk and invest only in silence and patience.

The volatility of its price makes it more interesting. No matter what we do, we can never be sure what will happen next. That is why investing in Bitcoin is risky and need to understand it prior to investing so that whatever happens in the market, we never feel uncertain instead, we remain positive and calm.

But there is one thing that never changed ever since, once the price moves up, drops come next. Like before the halving, the price is in the skyrocket but just replaced by a sudden drop after halving. That scenario explains to us that not always we experience an upward direction, we also experience fallbacks. When is the next correction? We never know when but that happens after another price surge. We already have an idea but knowing exactly when it impossible.

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Quote from: lepbagong on March 12, 2024, 10:45:47 PM

Quote from: naikturun on March 06, 2024, 07:09:01 AM

I think this is just my personal opinion there will be one more correction before the halving but we don't know when for sure.
because some big parties will dump cargo before the halving and will buy it after the halving.
or will we not see another correction during this year and will continue to rise

Yes, it could be something that might happen there will be no more corrections, but they continue to move until the peak. But is it impossible that the ATH will be faster than the time that often comes every 4-year period? It is, of course, also interesting to see if there will be no more corrections in this year.
All predictions will change and not be in accordance with bitcoin's habits. Is this possible? Let's just wait for the halving period to end. Currently the trend is continuing to increase.

We just even seen a correction in the last couple of weeks though, as we went as low as $57k right after the halving. There could be some bad news that week, and the investors just pushing the sell button. Nevertheless, as the market is very volatile, who knows, maybe the price could star to go down again as we are like -1.x% something in the last 24 hours. But this is just short term though, I mean the halving is done, and slowly their will be more demand throughout this year so we need to be resilient as well in this trying times. Around $61k-$63k at the end of the month is not that bad. And then after that, next 6 months might be found for us as it could be some big movements and we will break the last all time high of $73k.

shinratensei_

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its simple to know whether there will be correction or not you just see the chart if the price shoot up so high there's big chance of correction that gonna occur in the upcoming weeks or month.
but the thing is its not really accurate way to determine whether correction gonna happen, bitcoin for example just shoot up past the all time high of $60k and now already floating around this price point as the next bitcoin price floor.

we supposed to have correction somehow but the price instead holding up pretty resilient that I become doubtful we gonna go below $55k again.
same thing with other coins out there, the pattern is always the same, there's risk of correction in every price rally but there's no guarantee the correction gonna come for real.

best course of action you should just buy the dips and thats it.
even if there's correction you won't lose, if the market is recovering you are already in profit, since correction can't be determined you might as well go with the flow.

EarnOnVictor

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Quote from: Strongkored on May 07, 2024, 11:47:51 PM

Quote from: RaraAvis on March 04, 2024, 04:34:02 AM

Hi all!

We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good.

It was consolidating for so long now! Please share your thoughts on to when another correction may be expected?

Thank you and have a good day

You should have bought under $60,000 some time ago, and I think that is a good enough price for you to buy it if the selling target is in the next few months or next year where many predictions are that Bitcoin will reach its latest ATH.
In my opinion, it is impossible for Bitcoin to experience a correction to half its current price, so don't just wait because you will never know what will happen in the future and the more you think about getting it cheaper, the more you will lose opportunities later, because there won't be any who can accurately analyze what will happen in the next month and so on.

Well, it's still commendable that you advised him to have bought it at a better lower price, but even below $60,000 is subjective and it depends on the risk affinity of the person. I never bought Bitcoin above $30,000, I do not have the affinity to risk that much. It is better that investors strike at lower prices and even if you are a daredevil-kind of investor, it is still good to use your brain wisely. If not, you might lose believing you would win. Also, one may risk and not gain so much from the investment by buying at a high price which is why it is good to weigh your risk and investment benefits to know if it is comfortable for you in relation to the money you are committing to the investment.

Also, I am with you, Bitcoin hovering at about $62,000 may not hit its half price ($31,000) anymore in this bullish season, so anyone planning on that should perish the plan. Fine, the asset is selling for now, it is at least in its major corrective phase, but I do not see Bitcoin reaching below $40,000 this season, not to mention breaking it downwards in the worst-case scenario. Those who did not buy it when it was low have missed much already, and it's better they do not force things to avoid issues for themselves.

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Quote from: RaraAvis on March 04, 2024, 04:34:02 AM

Hi all!

We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good.

It was consolidating for so long now! Please share your thoughts on to when another correction may be expected?

Thank you and have a good day

You should have bought under $60,000 some time ago, and I think that is a good enough price for you to buy it if the selling target is in the next few months or next year where many predictions are that Bitcoin will reach its latest ATH.
In my opinion, it is impossible for Bitcoin to experience a correction to half its current price, so don't just wait because you will never know what will happen in the future and the more you think about getting it cheaper, the more you will lose opportunities later, because there won't be any who can accurately analyze what will happen in the next month and so on.

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Quote from: retreat on March 04, 2024, 10:45:33 PM

If price corrections could be predicted, maybe there would be many people now who would take profit, but the problem is that they cannot be predicted. A price correction could happen tomorrow, next week, or in a few months, no one can predict. So if you ask about when the price correction will occur, maybe you won't get the answer here, because no one knows.

That’s how uncertain bitcoin is, which makes us even more thrilled to invest in bitcoin and expect to become rich 10 years from now due to its price correction that will always surprise us. However, this could be a good thing for us but for those who are never aware that bitcoin is this risky and unpredictable, I’m sure it will threaten them instead and become fearful.

Bitcoin price is always unpredictable, but if you are aware on how bitcoin price moves mysteriously, you will definitely lessen the risk and invest only in silence and patience.

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Quote from: lepbagong on March 12, 2024, 10:45:47 PM

Quote from: naikturun on March 06, 2024, 07:09:01 AM

I think this is just my personal opinion there will be one more correction before the halving but we don't know when for sure.
because some big parties will dump cargo before the halving and will buy it after the halving.
or will we not see another correction during this year and will continue to rise

Yes, it could be something that might happen there will be no more corrections, but they continue to move until the peak. But is it impossible that the ATH will be faster than the time that often comes every 4-year period? It is, of course, also interesting to see if there will be no more corrections in this year.
All predictions will change and not be in accordance with bitcoin's habits. Is this possible? Let's just wait for the halving period to end. Currently the trend is continuing to increase.

Corrections is really just that part of the market and we cant really be able to tell that there would really be corrections as it always be since the market cant really be shooting up its price forever. This is why it is really just that wrong mindset about having thinking about last dip or correction literally but rather we would really be thinking up with that last dump before the moonshot considering that Bitcoin halving is over and we've been
already taking that bull run path. It is really just that no one really knows on when it would happen whether on this year 2024 or on 2025 which its been mostly been projected. This is why it would really be best that
that you should really be adapting on whatever the things that you would really be able to encounter along the way. There's no way that we could be able to make ourselves having that assurance about on things
on how it would really be ending up.

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Quote from: retreat

If price corrections could be predicted, maybe there would be many people now who would take profit, but the problem is that they cannot be predicted. A price correction could happen tomorrow, next week, or in a few months, no one can predict. So if you ask about when the price correction will occur, maybe you won't get the answer here, because no one knows.

Just know that a particular season will not remain in the market forever, and try to take advantage of any season that is good to you, so that you will have story to share with your friends that you where part of last year bear to buy BTC to hodl till this year before you sell to take profits.

Once you have it in mind to buy BTC from the market, just ensure you save enough money in your account to buy BTC when the bear season occur, which is the season people are waiting for in the market, but it will happen soon for people to use the opportunity well.

If you are waiting for people to tell you exactly when the bear will occur before you can buy from the bear market, I don't think they will get it right accurately because the price can change at anytime either to pump higher again or dump lower.

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Quote from: naikturun on March 06, 2024, 07:09:01 AM

I think this is just my personal opinion there will be one more correction before the halving but we don't know when for sure.
because some big parties will dump cargo before the halving and will buy it after the halving.
or will we not see another correction during this year and will continue to rise

Yes, it could be something that might happen there will be no more corrections, but they continue to move until the peak. But is it impossible that the ATH will be faster than the time that often comes every 4-year period? It is, of course, also interesting to see if there will be no more corrections in this year.
All predictions will change and not be in accordance with bitcoin's habits. Is this possible? Let's just wait for the halving period to end. Currently the trend is continuing to increase.

shinratensei_

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there probably might not be any correction coming it just price stagnation and thats it no significant correction you see recent dipping a week ago if im not mistaken? well they recover in no time.
people in general are so bullish I don't think waiting for correction gonna be a working strategy at best its good to test patience but there might not be any result.

always believe that bitcoin gonna reach all time high anyway so if I were those people that too late into the game its either invest right now or not invest at all.
after all maybe next week we already gonna be seeing some good increase with bitcoin because the trend shows just that.

also need to add that right now there are many projects that tries to propose bitcoin locking or its called staking for example.
if thats booming aside from halving, i think its gonna be impactful.

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Quote from: Dave1 on March 06, 2024, 06:14:39 AM

Quote from: CryptoBuds on March 06, 2024, 04:23:43 AM

As for predicting whether bitcoin will have another major correction, no one knows. Bitcoin is creating many surprises by consistently rising in price ahead of the halving and even creating new ATHs, but that doesn't mean there won't be any more major corrections. Personally, I still think there will be a big correction after the halving takes place.

Hopefully there will be none, we are just like a month for the block halving and so everyone is really trying to save a lot of Bitcoin right now and be ready for the imminent bull run. Just imagine making profits when it hit 6 digit this year and then culminating for a huge all time high next year.

I have the opposite thought to you, I'm not afraid of bitcoin correcting strongly because it's an opportunity to buy bitcoin at cheap prices. To make big profits, we need to buy low and sell high and to do that, the more volatile the market, the more opportunities we have.

Not only you, I know many people are expecting bitcoin to start increasing in price between now and the end of 2025, but if the market plays out in such an easy and predictable way, everyone will be rich. So who will be the loser in this game because this is a financial market?

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Quote from: electronicash on March 06, 2024, 02:00:19 PM

Quote from: MinoRaiola on March 06, 2024, 01:38:22 PM

Quote from: RaraAvis on March 05, 2024, 05:29:49 PM

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

But it is only a manipulation if someone classifies it as such. In other words, an authority that is of the opinion that it was manipulated, otherwise its just speculation, so we all speculating, arent we? In the case of altcoins, I would say manipulation, precisely because they are not decentralized and are perhaps controlled by their creator. Bitcoin is different. This price drop seems normal to me, I remember it from the last halving, there was also a drop shortly before that, but I think it was even bigger than the current one. if we dont see -70%, then we should see a few more good months or a year. But if you look at the price over the last 7 days, we are still at +10% for bitcoin, so everything is okay.

identifying when it will go down as if a correction is what i think he is asking for he is probably looking for a good price entry to buy BTC.
i think it will continue to go up and it will just correct its price when there is a big money going into big exchanges giving the new investors a low-price entry. a chance to hold BTC for newcomers.

if there is a correction right now, i would expect it to happen in the daily chart on the price of $40k. and wil rise again after a week.

We are all trying to have that kind of good entry and it is really that truly understandable that they would really be waiting up for that huge dump or correction on which for sure that majority is really that keeping an eye on because we do know that this would really be the sweetest spot that we could really be able to get in. The main question is on when? As if the price do tend to make out some correction but not really
that too deep for us to make such good entry,plus on the time that it does have that correction then it do eventually goes back up afterwards on which this is something that would really be putting up that kind of hesitation when making an entry. For those who do tend to take up some risk then it would be that giving up that kind of opportunity.

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Quote from: MinoRaiola on March 06, 2024, 01:38:22 PM

Quote from: RaraAvis on March 05, 2024, 05:29:49 PM

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

But it is only a manipulation if someone classifies it as such. In other words, an authority that is of the opinion that it was manipulated, otherwise its just speculation, so we all speculating, arent we? In the case of altcoins, I would say manipulation, precisely because they are not decentralized and are perhaps controlled by their creator. Bitcoin is different. This price drop seems normal to me, I remember it from the last halving, there was also a drop shortly before that, but I think it was even bigger than the current one. if we dont see -70%, then we should see a few more good months or a year. But if you look at the price over the last 7 days, we are still at +10% for bitcoin, so everything is okay.

identifying when it will go down as if a correction is what i think he is asking for he is probably looking for a good price entry to buy BTC.
i think it will continue to go up and it will just correct its price when there is a big money going into big exchanges giving the new investors a low-price entry. a chance to hold BTC for newcomers.

if there is a correction right now, i would expect it to happen in the daily chart on the price of $40k. and wil rise again after a week.

MinoRaiola

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Quote from: RaraAvis on March 05, 2024, 05:29:49 PM

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

But it is only a manipulation if someone classifies it as such. In other words, an authority that is of the opinion that it was manipulated, otherwise its just speculation, so we all speculating, arent we? In the case of altcoins, I would say manipulation, precisely because they are not decentralized and are perhaps controlled by their creator. Bitcoin is different. This price drop seems normal to me, I remember it from the last halving, there was also a drop shortly before that, but I think it was even bigger than the current one. if we dont see -70%, then we should see a few more good months or a year. But if you look at the price over the last 7 days, we are still at +10% for bitcoin, so everything is okay.

Topic: When is next significant correction coming? - page 4. (Read 1132 times)