Bitcoin Forum

Hey guys,

Today we saw a momentary pullback on the market but it is recovering now, not completely but almost...
Do you think it will reach the previous highs and move upwards or are we still going to see a correction for the recent bull run?

What are your thoughts?

A correction is coming soon. Better to convert some btc to fiat now in case of a pullback.

Well I believe that a correction could come too but not sure...
If so, in your opinion the correction is going to be due to what?

here we go again with this fcvkin correction thing.  this correction thing has been discuss all the time and we cant still see it. so i guess theres no really correction that will happen to bitcoin because the value seems unpredictable and verry volatile, it keeps moving from time to time and the value is totally unstable.

ps: though im not really sure what does correction means.

Well, correction means that there is no such thing like a stock or even a cryptocurrency or any other investment that increases everyday without having a crash, even if it goes up again...
Bitcoin can't continue this bull run, it has to have a pullback, otherwise it would hit something like 50000$ very soon...
Last month was around 5000$ after 1 month 11000$, 2x plus...

It seems the correction is mostly over already! Maybe BTC will dip below $10K
one more time or maybe not.

Personally I will not sold my btc because of correction instead I will grab this great opportunity to buy more bitcoin, we all know that this is not the end of bitcoin and it will continue to soar higher. As we can see right now the price of bitcoin are pumping so better to hold and be ready in the future.

Well it was a pretty quick correction haha. I really wish it would correct a lot more like down to 7-8000 so I could buy in cheaper.

Yeah, it was pretty quick. I wonder if we will have a correction like that...

hope the correction would have stayed longer .. it's gone before I saw it.

no doubt for btc, i'm sure this hike continues. btc's highest price has not been reached in this year, may be worth $ 12,000- $ 13,000 later this year.

I any good trader must have anticipated this beofre now, the market can go on a parabola rise like the recent BTC price without experiencing some correction, the earlier the better so that some people will not get rekt

I don't think the price will continue to increase, there is big correction coming then after that price will increase again.

I dont think this was a big correction at all, just look how the price bounced straight back up above 10k. It wont be long before it starts on marching up again sucking the blood from the alts.

It is just a adjustment. In next few days, Bitcoin price reduce , after that it will recover to reach new peaks

Go check the price of bitcoin right now, the correction seems starting again right now. The price of bitcoin falling to $9,750 right now, it's better to play safe right now, convert your bitcoins into altcoins right now. The bitcoin price is really unstable in the last 2 days though, hope it will go up again.

Based on the chart btc can pullback to 6k. If it does it will be a good opportunity to buy. Overall pullback will be healthy for btc. It's like renewable interest.

i just hope that we saw was not the correction already, but in the end think it gained too much in too short time so at a certain point it will go down

Is going down right now, but I don't think is going to get below 8K...

I am not sure. Maybe this pullback will be a very fast correction.

There are still waiting a lot of hedge funds on the side line to enter the crypto game. NASDAQ also planned launch of futures in early 2018.

Too quickly everything happened. Now the price has risen again. It seems to me that this is not a correction. Maybe in the middle of December there will be another fall

I think the price adjustment is reasonable. However, now is not the time. It will rise to near Christmas and then begin decrease. Every year.

BTC was always in the bubble stage coming toward New Year so yes, only some rumor or news will make it rumble.

Guys now it is time to buy back in BTC and alts. ...if you miss that chance you will regret it.

It's the same every year, just hodl, buy in, but don'T sell, you will be the loser to sell at the dip.

Alts dropped big, but now we clearly see resistence in most of the coins. Don't miss the pullback, it will go up again pretty fast.

Also many alts have a lot of announcements till Q1 2018. BTC facing 4 upcomming forks (first one is on approx. dec 7th)

Don't get nervous, I don't know why people are freaking out everytime about the same story.

Hello, yesterday we saw a huge dump from $11,000 to $8,800 and it was the first major correction for uprising bitcoin trend. I don't know if there will be one more but we should be careful these days. We'll wait for it too see unfortunately.

any reason behind the correction today ? did people just read the news from yesterday  :D

The most probable thing is you'r right with your speculation but anytime the market may fluctuate the same way.
I think that's the way big holders and millionares make bucks over bitcoins.

to me it looks more like a changing trend than a correction.

people are never happy, common, BTC marketcap went from 10 Billion $ to 150 Billion $  in a single year.

that's more money poured into bitcoin in one year, than Qatar's yearly GDP ~ 150 Billion$ too.


at some point it's pretty obvious that Bitcoin has to stop somewhere, we won't see 15-20k before 2018.

For me the market is manipulated so my opinion in this case is null.
We should know who is behind these kind of rare prices but due to the nature of bitcoins we never know.

Ive seen bitcoin correct much deeper than this many many times. nothing to see here!

That's right, do not panic and worry. Now the price will drop a little, and then it will reach new heights. It's always been like this. Just wait

This correction isn't new at all. Prices will go down and just slowly recover and reach new peaks after a few days or maybe weeks.

i dont know  if this a correction or just Reaction of buy and sell . who know if btc will rise to 15k without correction ? everything is possible

The price of bitcoin can reach $ 15,000 in two months. In a few days the price will recover and go up. Do not panic, everything goes according to plan

Yeah, there was a correction of bitcoin, but I think it's just a little bit and will be back to normal.
We know, there is an issue about bitcoin fork in December, I think there will be many bitcoin hunters who buy bitcoin to get new coin fork results.

The correction already happened. We hit an 2 week low of $8900 just a few hours ago. I doubt it would have stayed at that price range because even now its already up and trading at the $9300. So you see you should just relax. Corrections are expected but with bitcoin so bullish, they never seem to last anyway. One strategy is to never sell bitcoin unless you really need the money.

The last two corrections lasted for around 4 days, we can expect something similar, it will go up again.

It's possible I think. Because the price of bitcoin is always in the upper end.You should not try to sell your bitcoin in panic. Panic selling always make you to lose the dollar. Who doesn't want of additional dollar?? No one will not not.
All need of money to run their daily life with peace. So be patience, bitcoin will give you additional by just holding it.

Correction has just begun. In a few days, the price of bitcoin could drop to $ 8,000. This will frighten many beginners and panic sales will begin. But then the situation stabilizes and bitcoin will go up again

Is there anything in the currency world that is not volatile ? Have you ever been into stocks trading ?
Even fiats in the Forex market are volatile; the only difference is that fiat is a controlled environment while bitcoin is an uncontrolled, decentralized environment.

Do not get too comfy bro, because there is nothing that goes up that does not at one point come back down to test support, and that is correction. You just have to get used to it.

The correction was w days ago.
It is now bullish time up to early next year.
Almost one full month may be bullish

This is the main reason why people pay attention to crypto markets as a shinny star of the economical order. The volatility plays an important role here. For bitcoin, I don't think the correction is totally finished. New one will come soon.

still must continue to make the best correction even in unforeseen circumstances.
even as small as any bitcoin increases will pause at one point, and that's when you decide and do not regret it.

I think it will go high like this or maybe even higher but after a while will become as to the price like before.

The correction is imminent and if you are smart now, try to take some profit and get back in when the value is lower before you find out it is too late. We just have to keep looking at the charts for now as we cannot really say yet, but in the moments of huge pull back, do not screw you. You should see correction as a moment to get some pretty good price after the first huge upward movement.

Not just like before, I am very much sure that bitcoin prices will keep surprising us continuously for next five decades. Yes, you can expect new ATH levels almost daily.

We do seen already in the past years of bitcoin on which it would normal go correct its price when it tends to go up on a particular time which its not really surprising or we do somehow expect that this thing do really normally happens this is why we should really know how to get out on a certain time and buyback later on then theres a correction because on this way you would eventually make money with those movements.

It usually crashes before Christmas but the question is how much it will crash by. Bitcoin can easily lose a few thousand in days, perhaps even in one day! If you're quick on the draw then stay in the game other best to bail out now and move into altcoins / fiat

As at today the second of December bitcoin has fully recovered and currently bitcoin price is above $11,000! The corrections is over and the next push will target $15,000 which many has speculated that bitcoin will cross before end of this year. I have been following bitcoin price as a traders though very volatile but the progress has been managed by traders professionally. We should keep on holding as the buying momentum keep on increasing day by days.

I too just checked it buddy. Some worry that we may face the bitcoin price to touch the 9k USD or even low bro.
Bro I feel that your expectation will help me too but the real fact is that this costly expectation I feel. If the growth move further 12k is enough for this month and we can be stable to have this value to good for the investors.

What do you mean by correction here? Just want to know. Is there any technical issue? Bitcoin has started flying on air towards moon. At times there would be jerks when flying towards its destination. Jerks are not dangerous attacks to have a deep fall.