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Topic: When will Bitcoin stop its correction? (Read 860 times)

newbie
Activity: 61
Merit: 0
December 28, 2017, 10:06:39 PM
#95
The price had already gone down to 13k and now back to 15k again. The correction for the christmas and new year was over. I hope so, it will be back make another all time high. LOL
sr. member
Activity: 742
Merit: 252
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December 28, 2017, 03:31:58 AM
#94
I think that its decline will stop only after the new year arrives. After new year's day it is most likely that it will fully recover by then because there will be no big event coming real soon that would have the need to spend some money. I guess the holidays also has a direct effect on the Bitcoin rates. As you can see just after Christmas is when Bitcoin started recovering. Hopefully after the new year, it will fully recover.

You're right, so far you can't see the possibility of growth to levels before the holidays. Most likely, higher increases should be expected after the new year.
full member
Activity: 182
Merit: 147
December 28, 2017, 12:38:31 AM
#93
I think that its decline will stop only after the new year arrives. After new year's day it is most likely that it will fully recover by then because there will be no big event coming real soon that would have the need to spend some money. I guess the holidays also has a direct effect on the Bitcoin rates. As you can see just after Christmas is when Bitcoin started recovering. Hopefully after the new year, it will fully recover.
full member
Activity: 406
Merit: 109
December 27, 2017, 09:33:22 PM
#92
I think it will settle in the 12k range during the holiday period and then start a new growth cycle in January

Yes the way it went up so fast, I think also that probably the corrected price should be around 12 K but its hard to predict. Bitcoin and Alts really shot up pretty fast since October. If the correction is 12 k I would take that happily. The only thing is that I wish I knew when because I want to buy more stuff and I get bored when I am not buying Cryptos
full member
Activity: 490
Merit: 100
December 27, 2017, 09:26:48 AM
#91
Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

slow but sure bitcoin is rising again.. as a virtual currency of course bitcoin price is never stable.. we should not overreact when the bitcoin price goes down or goes up.. when bitcoin price down, just wait until the price rising again..
newbie
Activity: 81
Merit: 0
December 27, 2017, 06:41:01 AM
#90
I think Bitcoin's volatility will not change for a while since people are uncertain of its true market value. I believe it has yet to prove its worth.
newbie
Activity: 69
Merit: 0
December 27, 2017, 06:39:37 AM
#89
No, bitcoin will never be in a perfect straight line. When that happen, then the characteristics of being volatile will not exist anymore. And bitcoin will not be profitable anymore.
legendary
Activity: 1652
Merit: 1265
December 27, 2017, 06:06:53 AM
#88
I don't think the price corrections of bitcoin will never stop. Its the nature of the bitcoin, its volatility and that nature cannot be stopped. As soon as the price is pumped expect a price correction to happen.

Only when we are all replaced by robots, will Bitcoin become a perfect straight line  Grin Grin Cheesy Grin Grin
newbie
Activity: 69
Merit: 0
December 27, 2017, 05:21:17 AM
#87
I don't think the price corrections of bitcoin will never stop. Its the nature of the bitcoin, its volatility and that nature cannot be stopped. As soon as the price is pumped expect a price correction to happen.
hero member
Activity: 2002
Merit: 516
December 27, 2017, 05:19:03 AM
#86
So far it looks that the drops were stopped again and the price increases. Optimism is returning to the market. But for now it's difficult to predict which way the price will go.
legendary
Activity: 1652
Merit: 1265
December 27, 2017, 05:17:36 AM
#85
Do not be frighten guys, it is just normal for Bitcoin to correct, well it has been rocketing for a while and it needs to come down sometimes. And it is just normal!
These corrections are normal in bitcoin, if it comes down the least price can be up to $10k and again bitcoin rises up from January, now it's time to buy, some alts is also having good future, observe and invest it will be more profitable.

Bitcoin is like a rocket .... it goes up falls down ... ignites the next stage and goes up again .... Smiley

Soon we will drift out of orbit Tongue
full member
Activity: 296
Merit: 100
December 27, 2017, 04:55:24 AM
#84
Do not be frighten guys, it is just normal for Bitcoin to correct, well it has been rocketing for a while and it needs to come down sometimes. And it is just normal!
These corrections are normal in bitcoin, if it comes down the least price can be up to $10k and again bitcoin rises up from January, now it's time to buy, some alts is also having good future, observe and invest it will be more profitable.
sr. member
Activity: 658
Merit: 250
December 27, 2017, 03:15:42 AM
#83
The golden opportunity is over but I would be surprised if there are not more good opportunities. Bitcoin right now is around 16k and it won't be a smooth ride on the way back up to the previous ATH just below 20k. If bitcoin drops to 14k or so again it's a good buying opportunity.
The opportunity to make a lot of money with bitcoin is over as the price has risen a lot,now we have to check and look for opportunity in the alt coin market to make a fortune ,but if you have the capacity to hold bitcoin get in and hold for a long time,who knows what the price would be five to ten years from now.

No one really knows because bitcoin's character was extraordinarily has an impact to human race nowadays, and with regards to the corrections it has right now it will not stop unless people end their investments of bitcoin. But I don't think the current situations affecting the price which people speculates a lot about it was not with speculations behind, but the reality on how every person need and spend money for their family specially those things that they spend like buying what they wanted to make themselves happy.
sr. member
Activity: 291
Merit: 250
December 27, 2017, 02:20:10 AM
#82
The golden opportunity is over but I would be surprised if there are not more good opportunities. Bitcoin right now is around 16k and it won't be a smooth ride on the way back up to the previous ATH just below 20k. If bitcoin drops to 14k or so again it's a good buying opportunity.
The opportunity to make a lot of money with bitcoin is over as the price has risen a lot,now we have to check and look for opportunity in the alt coin market to make a fortune ,but if you have the capacity to hold bitcoin get in and hold for a long time,who knows what the price would be five to ten years from now.
full member
Activity: 364
Merit: 105
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December 26, 2017, 05:34:13 PM
#81
Relax for now and try to grab this opportunity to accumulate more. Most investors who took profit could just be taking their holiday vacation and enjoying this season. Once they go back in the game, it could breach the $20k price level. Since it went down, it's like being manipulated by certain big whales out there, probably one of them is Goldman Sachs.
the golden opportunity few days ago to buy the dips are a proof that the correction might will ended soon. don't know exactly when but before the price go up again to the new level to the new ath , there will be a crash a head unexpectedly.

so brace yourself and always be careful making any decision in crypto , it is risky more than any other investment.

The golden opportunity is over but I would be surprised if there are not more good opportunities. Bitcoin right now is around 16k and it won't be a smooth ride on the way back up to the previous ATH just below 20k. If bitcoin drops to 14k or so again it's a good buying opportunity.
legendary
Activity: 2170
Merit: 1427
December 26, 2017, 05:24:03 PM
#80
I hope that this is the right time to hold and it will continue to surge again until new year or forever.

It has always been the right time to hold, just look back at the charts, that's the proof that speaks for itself. People just have to accept that while crypto may end up surging significantly in a very short period of time, that it isn't something that we will see happen continuously. As you can see, people didn't expect the price to take a few steps back, which is quite weird considering how much we have gone up already. The market was exhausted, we were near a very important mental price level ($20,000), plus for the time being the future markets were priced in already. Do people want to have it written on a piece of paper that the market was about to come down? Is it really that difficult to understand the very basics of a market? Roll Eyes
legendary
Activity: 2674
Merit: 1048
December 26, 2017, 02:29:44 PM
#79
Relax for now and try to grab this opportunity to accumulate more. Most investors who took profit could just be taking their holiday vacation and enjoying this season. Once they go back in the game, it could breach the $20k price level. Since it went down, it's like being manipulated by certain big whales out there, probably one of them is Goldman Sachs.
the golden opportunity few days ago to buy the dips are a proof that the correction might will ended soon. don't know exactly when but before the price go up again to the new level to the new ath , there will be a crash a head unexpectedly.

so brace yourself and always be careful making any decision in crypto , it is risky more than any other investment.
copper member
Activity: 1050
Merit: 294
December 26, 2017, 12:02:03 PM
#78
Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?
This correction was much needed before bitcoin rise further for the new ATH, bitcoin suffered a huge dip of about 40-45% and now recovering slowly. Yeah of course bitcoin is ready for another pump as like the previous pumps we have observed this year from some serious dips, and soon segwit2x hard fork is going to happen, so the chances are too high that soon we will achieve new ATH.
sr. member
Activity: 2016
Merit: 283
December 26, 2017, 11:51:00 AM
#77
Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?
as of now we can say yes it can but we are not sure if this time it will continue to the top perhaps it will fluctuated again like what happened before but im hoping not. I hope that this is the right time to hold and it will continue to surge again until new year or forever.
member
Activity: 224
Merit: 41
December 26, 2017, 11:32:39 AM
#76
Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

After every correction, the price of Bitcoin increases and the current case is not different from the old ones. Bitcoin will increase in price anytime soon since many bought some Bitcoin during the correction. Bitcoin will not increase in price at all times. Corrections will happen from time to time especially when Bitcoin is at its peak. Do not worry about corrections. Just hold your bitcoins Wink
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