Bitcoin Forum

Today all Crypto markets are starting a strong and significant price drop, a lot of top coins are falling like BTC, ETH, XRP ... there will be a price correction coming strongly, what do you think about this after the strong drop this morning.https://www.newsbtc.com/wp-content/uploads/2020/08/bitcoin-shakeout-Depositphotos_188526564_xl-2015-scaled.jpg

You call this a plunge?

You must be new to crypto..

Every bull run is littered with corrections, don't keep your face in the 24 hour charts. Zoom out and look at the bigger picture

I think there will be a price adjustment here

 :) Look, the digital currency is back! It's moving closer than ever to its record high of almost $20,000. A new all-time high is not only possible but it is going to happen any time now. What an awesome time to be alive

A price drop of only $ 100 or $ 300 cannot be used as a reference after the Bitcoin price has risen to $ 8000. I think this is just a short correction and in the next few days Bitcoin could break through $ 20k. It is very common to see volatile price movements and we shouldn't panic

This is not a correction. Sometimes the market was doing a small bounty to stabilize its price. This is happening when the pump was occurring in the market.
If you have been watching the market since the big pump in 2017 and you will see so many similar movements that are happening right now. The price needs to find another floor to prepare for the next pump.

It's still correction.
But these recent small dump makes the market healthy. It's totally different this time, compare to the previous all-time-high on the total cryptocurrency market cap.
This time is more healthy compared to the previous bull run since we saw an extremely FOMO before and a parabolic run.

This is the correction itself. But the way I look at it, this is definitely not a sign that the market bull run is now ending. There is enough reason to believe that the bull run has just begun and has yet to reach its highest peak. For example, Paypal is only offering crypto to a very limited population of its users. They are mostly in the US and other countries. When it eventually opens crypto buying to all of its hundreds of millions of users there will surely be another very strong rally.

Dude, it's just getting started, the downturn is a common thing in the crypto market, how to respond to that of course I personally bought more than I could, before things looked expensive.

I think so !!!

This is most likely because the market corrects, looking at what is on CMC, the whole market is going down very quickly, i think there will probably be many small PUMP waves to recover. But most of all the main trend is still bullish, so let's rest assured and hope the whole market bounces up.

It's expected, but the surprised came early and it's not weekend yet. I personally saw it in a flash and it took seconds to reduce all the buildup over weeks, for all those affected and people who want to get some bugs just find a good entry and hope in, it's another opportunity

What are you talking about? What fall? The $ 400 difference in price for BTC is not just a minor change, it is a classic of day trading.
As already mentioned above do not look at the minute charts and do not make conlusion that everything is gone in a few hours. Look at the daily rate, or even better for 2-3 days, and then you will understand that the market has just started to accelerate.

I think my thinking is that the price of BTC will drop to the correction zone

Yes I am really glad to see the current cryptocurrency market.
Most cryptocurrencies have been pumped.
Many investor funds were stuck which has now come up with profits.

Market is  still on the downtrend day trading is out of the question since BTC drop more than what people expect to be a correction but looking at the 7 day trade its still up by a margin and likely will make a comeback or go even lower.

While it looks like a normal correction and let it happen now than at higher levels.  For me, the signal to fall and change the trend will occur after falling below 14k.

Well this can't be termed a plunge, 200-500$ of the price of bitcoin can't be called a plunge.

Last night, according to the CoinMarketCap table, the price of bitcoin was $ 19,186, and now it is $ 17,892.  The difference is not a few hundred dollars, as many here say, but more than a thousand dollars.  However, there is nothing wrong with this price correction.  Cryptocurrency cannot grow for a long time without such a correction, so the current relatively small drop in the market is quite logical.  True, the correction could still continue and end when bitcoin could drop to the $ 14,000 price level.  I would like the price correction to be completed quickly, since there are high hopes for Bitcoin to reach its previous price record this year.  The current long-term correction may disrupt these plans.

It's a normal movement of the market and it happens often So there is no need to worry. We all know the very well market moves on both sides whether the market is bull or bearish. I would say It's only a correction of the market but I won't say plunging.

I guess this is just a correction because crypto market was rising too high recently.
As we can see, bitcoin almost reach 2017 All time high, few days ago it was around $19k+
The market correction is normal, some people want to sell their coins because the current price are higher than their buying price.

People are simply taking profits and nothing is wrong with that, those who entered in 12,000$ per bitcoin range already make some high ROI at 19,400$, since days ago Bitcoin have been surging and surging I am already expecting some kind of correction, this doesn't mean it's over for bulls though, it's just another room for getting in

Yes it is normal.for the market to correct itself especially after over 100 percent gains in couple of months time a dip was expected so do not panic if your coin is 10 to 20 percent down. Keep holding and it will recover and the bull trend will continue as overall trend is bullish now for longterm.

As of writing this, it went sharply downwards right now especially Bitcoin. I guess we're gonna experience a little bit of corrections cause most likely everyone is dumping their coins right now or yeah selling a lot.
Some whales that were waiting for price surge when Bitcoin was below 15k couldn't wait to sell it right now.

now is the time for BTC to be corrected, and altcoins are following BTC too, all of a decline.  but I'm sure it will be back to normal soon.  we monitor together, whether 2017 will happen again or vice versa, we watch together

This is a price correction which has taken place and I don't think we need to stress ourselves with this dump as this is not permanent, we should be more focussed on reinvesting into top coins when in order to make most of it when the price started rising back, we need to make a firm decision instead of FOMO.

Your point is correct but I don't consider the recent price movement as a bull run. Few coins just showed the bull trend for few days. Otherwise most other coins have gained the position at average rate. It was a strong price movement and now crypto market having the correction, we can't deny the plugging by observing long chart. In short term people judge the market by observing the change of everyday price.

It is a correction. Even a 5% drop can be called a price correction. I'd say that's a pretty strong correction, even a crash because when price drops by 10% within hours, when it needed a week to raise to that point, it's usually called a crash.

As long as we stay above 14000 the bull market will remain strong. We probably would have to fall below 10 to call this a reversal into a bear market. I don't see any reason for something like that to happen. A new ATH in 2021 is coming.

Nice. This is exactly what it is. There's bigger drop than what happened just this day. And whichever is the higher, this is nothing compare to the past drops or plunge that we've been through.

It will recover naturally. We're not in a bubble and correction is very much needed this time if $16,000 is the support, that's a better price than a few months ago.

maybe this is the best time to buy more my friend, but only for solid cryptocurrency such as bitcoin and ethereum
because if we understand about the market, a corrections will always come, wich mean the trend will not always going up or down, right ?
regards

Whatever we call it, correction or not, this price movement is indeed expected. Those who bought btc at maybe 5-12k are now selling some of their holdings. Or even at 15k, they are already in profit if they sold it at 19k. Anyway, it is interesting to see what the market will be this coming month, before this year ends. As btc price is declining and so with the other alts. But I am still positive, as this time, there are a lot of institutions that are now looking at crypto, PayPal is still continuing their crypto services and other retirement institutions that are still in the buying mode for their btc holdings. So all in all, crypto market is doing good in terms of adoption. The price will be back in no time.

correction was normal in market cycle, every traders or investors will buy and sell to liquid or take their profits. and current condition caused by many giant investors sell their assets after get many profits from bitcoin or other altcoin. look at fundamental in market , is there any fud there ? NO . and if you want loaded more coins its good decision , next year you will get huge profits.

its almost similar with 2017 ,when price hit high price suddenly its drop. but at 2017, correction caused by many fud in market that come from regulator or finance firm. and current correction should be opportunity for us to buy more bitcoin or altcoin.

This correction will be gone shortly. The market is starting to get the best floor. The whales have been accumulating their profits while they are still preparing for the next pump to break another ATH again.

It's too early to call the correction will come soon. The market will not be stopped until bitcoin can reach its ATH again. you must see the chart and this correction is a usual thing. We are still in the first wave of the pump. I believe we will see another big pump in the next months. The pump probably will be ended in February next year.

Correction will occur when the market has decreased or increased for a long time, it is usually said to be a condition in which the market has done too much selling or buying and will correct then cause the opposite reaction from the previous one.

You have already mentioned that it is Strong Correction so nothing we can do but to Bare with it and take advantage of the Low prices before they finally fly to the Moon.
I did not catch up the last peak of Ripple in which 0.75$ but i had sold at 0.68$ so i am Buying now since the correction is over and this is the start of waiting and monitoring because this will happen again like 2017  ;D

I have seen this so many times and I guess I will still see this so many times now and in the future, really nothing new, it's the market volatility that comes to play here, not every one of us here are thinking the same when it comes to buying and selling of our coins, everyone is for himself, or every group is for themselves.

hope that things can be the same as 2017 or even beyond that. it's just that, the effect after yesterday's high and strong pump, has the current side effect. the price came back down, and even quite a distance. however, at this time, the price has returned to holding and is starting to recover. I suspect that in December the crypto price started to pump again.

Don't panic, weak hands are selling off their piece they are probably those who buy bitcoin after the pandemic period, many have already made double gains so selling at 19,000$ is a good target to get out and there are some that thinks that Bitcoin will reach same level as 2017 which was 19,000+ to 20,000$ and stop pumping, we still have weak hands in this space so relax, bitcoin is still very bullish

Taking a look at BTC/USD daily time frame will attest to the fact that this is a minor or major correction that had been unfolding, weekly chart also reinforces this fact, price corrections had occurred times without numbers and this not going to be the first neither the last, I don't see any big deal in this plunge Price Action is just playing out there thus there is no cause for alarm or creating unnecessary FUD and I believed this correction will not be a replica of that of 2017 based on the fact that market conditions then and now differs a lot meanwhile experience traders must have capitalized on the price pullbacks and earn profits consistently.

i agree to this. but we really can't help users who overthinks so much well a few months back the price is just around $8,000 but now look at the price. the drop was not to be consider as a major drop it looks like it's just a minor drop for me.

increases and decreases are very common towards the end of the year. unless people who are new to crypto will definitely be very panicked, but if those who have been following crypto for a long time will definitely start to collect again or buy bitcoin or altcoin which usually increases every year towards the end

In my opinion, no, we can consider it a necessary correction to not demonstrate a bomb and dump in the current market. Thus, when studying market analysis we find a correction pattern where the greatest difficulty is to hit or predict the extreme fall. The analysis cannot always be correct because we cannot predict future events in the world.

thats mean we should think to buy more in lower price, before the up trend conitue my friend
because this is only a corrections and we don't need to be worry, everything will green again soon

Please allow it, it's healthy for traders. The market is giving us enough time to make calculation and take appropriate action before another good leap. If you followed 2017, you will know we are in good time.

There are so many new traders are feeling panic caused by this correction. The chart looks the same with the old chart. A correction after a bullish waves and that makes sense to see that. Despite the correction and people didn't aware if they have been getting another chance to buy more coin at the cheap price. People just didn't realize it.

There will always be ups and down in crypto and this is a normal healthy correction. Well we need to analyze the sentiments of the market but i think it will be stable for quite sometimes, then an increase might probably start next week on weekdays.

Yes, those who have seen the market and felt the profits in 2017 will certainly know about the current conditions, but everyone will still not be able to fully guess the conditions that will occur in the next month, because everything will not be exactly the same as what happened occur.

That's right, we might start seeing positive markets again next week. I feel that what happened 2 days ago is part of a fairly normal market fluctuation, but still we shouldn't underestimate it, hopefully we all keep profit

The market was plummeting after its rapid growth. And this is in the order of things. The market is correcting after such shocks, one might say. Now we see again that the market is in the green sector. Let's go swing. The moment when successful traders make their fortune.

Do you really expect the exchange rates to go up all the time? In less than a month, the Bitcoin prices increased from $10K to $20K, and now we are under a correction phase with the prices fluctuating in the $17,500-$18,000 range. Ups and downs are a part of life in cryptocurrency market. If you can't deal with it, then probably you should not be investing in cryptocurrency.

no one under estimate the drop that happen last day because it was kinda big but also no one under estimates the ability of btc and those that top coins that were dumping because they can surely recover those amounts that have lost but im worrying about the smaller coins because they may take time again for them to achieve those ath that they reached . not all are in profit but theres that people that loose after a dump , those people that sell before the dump are lucky to secure a profit .

Whenever the market grows so high there is always a time for price drop and it is called price correction, before another growth starts, although sometimes it can be a huge dump. I guess the reason why most people are still sceptical is what happened in 2017 where the market grew so much and dumped massively, wherein no pump like this have been witnessed for long untill now. Nevertheless, we should understand that, in consideration with the good attention from platforms like PayPal and institutional investors coming into the crypto space, the price correction this time around is different and can be called a "healthy" one. So yes, the crypto market is plunging but not like before.

It quickly bounces today, it really is just a black Friday sale for anyone who wants to join. The whales are just trying to give everyone a chance to live comfortably in the future. Although $16000 is still very pricey the altcoins are good investments for anyone who can't afford BTC. The Crypto market isn't as harsh as I thought after all. I noticed it too that altcoins didn't plunge too deep compare to BTC.

There was a slight correction of the cryptocurrency market and many cryptocurrencies fell slightly in price, but it is already clear that almost all cryptocurrencies have recovered and it looks like another growth is expected, so I do not think that another correction of cryptocurrencies is expected this year, most likely now cryptocurrencies will start to reach new heights.

Price correction exists for short term so no need to worry about if you beleive that the prices are dropping due to correction phase. Today the prices started to surge and bitcoin is nearing 18K again so its a good sign that we are still in the bullish trend which may get more stronger if we hit new all time high.

I think controlling the market by buying and selling. But now the reason for being a market pump is btc 18 k so everyone is just holding this btc. But when there is no more time to pump it, then everyone will be interested in buying other tokens and at the same time all the coins will start pumping.

I guess this is only a correction on the grounds that crypto market was ascending too high as of late.
As should be obvious, bitcoin nearly arrive at 2017 All time high, hardly any days prior it was around $19k+
The market correction is needed, a few people need to sell their coins in light of the fact that the current price are higher than their buying price.

I can't think as optimistic as you are when Bitcoin's price data plummeted in the last days of the year. So I don't think this is just a correction, it is a sign of bearish trend in the coming days. Maybe this year 2020 was really lost by Covid 19, everything will collapse if the general economy collapses into hyperinflation. We'd best not be greedy now, stay calm and don't all in now. :)

That's predicted by a lot of experts and the correction will be a short term correction consider the sentiment of bitcoin market is a very good due to the so many bullish news have come to the market since a few days ago. People didn't know if the correction will always become the best time to buy some bitcoin. 18k will be a very easy rate to be achieved by bitcoin.
The bitcoin already expected to surpass 20k rate before the end of this year.

Yes, this has already been confirmed.  The correction actually began on November 26, and the next day the prices almost stabilized, and now, three days later, we already see the slow growth of the cryptocurrency market again.  Bitcoin is now priced at $ 17,791 and ethereum at $ 540.  In a few more days, the cryptocurrency will again recover in the same price values ​​that it had before the start of this correction.  By the end of the year, it will still be able to rise significantly, as we expect.

The world plunging is the most used up word in Cryptocurrency, like HODL and pump and dump, we always see topic like this every time the market is crashing but this is an endless cycle and will continue to be here as long as the market is highly volatile, expect the market to comeback and make a big pump.

It's awesome to see that the market correction is over and there has been a good percentage of increase in the value of ethereum and Ripple most especially. I was relaxed when I saw the dwindling prices because its a norm in the cryptocurrency market. I do hope that we would surpass the market resistance and mark a new ATH.

Fast forward 3 days later now it's up again. It's a market correction and that happens frequently with the market that's bullish or after experiencing the pump. Now that the market correction has happened I only expect the market to go far up
since our bitcoin has long been stagnant and stuck at the same price level for quite of the time.
Bitcoin retirement plan, paypal adoption and many more. Hopefully those are enough to drive the price up significantly.

Majority of crypto enthusiasts buy into coins only when price start plunging up, and are not always interested to buy when prices are down. I think best strategy is check when a coin retest a good support level and immediately wants to bounce up, rather than buying when prices start rising and if there is a major resistance, prices might fall from there. Everyone is optimistic that this current uptrend will continue, well its a good thing if bullrun continues for BTC, even though right now just few alts are following the uptrend.

Just a normal phenomenon，please calm down and don't make a fuss. I can totally understand you feeling，because i had this feeling before，that is when i as a crypto newbie.

It's just an ordinary condition, so don't overdo it assuming market conditions will be worse, watch the current market has recovered quickly and be lucky if you bought it yesterday, don't just complain when the market goes down because that's the right momentum to grow your portfolio.

Look like normal everyday and i don't saw yet for bull run altcoins market. There are lot of altcoins market still under in dumping but remain pump btc and eth. It's my bad that's why I have bought some defi coin because at the time still price failed. Really i expecting the altcoins market pumping time when i can sold.

Indeed, the market went down, but this is a temporary drop. I don’t think there is any reason to panic. You need to understand in more detail how the crypto market works. The rise in prices and their fall is a normal process, as it gives an opportunity to earn money. As for growth, it has just begun and of course will be accompanied by periodic drops, since there are those who fix profits and those who want to buy cheaper.

It's not only a norm in crypto currency markets it is also a norm in all other markets. When markets rise extremely sharply in a short period of time, sooner or later there will be a correction. The only question is, will there be a short correction and then the rise will continue or will there be a long-lasting crash (as we had from early 2018 to late 2019). In this case it is definitely the former, so it was a good time to buy more cheaply.

currently bitcoin is experiencing a price correction and of course it is only natural that the crypto trading market has experienced a decline which may be due to the current price correction in bitcoin and if later bitcoin can rebound again and be able to break price resistance it will certainly have a positive impact on the crypto market. So, it's true, as you say, we don't need to panic now because this decline is a common thing in the market.

this down just for a while and in short word this is only a corrections my friend
so, there is no reason for panic if we understand how the market work

It is normal that in a price increase we have price corrections. This happens even in traditional markets.

But don't worry, it's still too early for the strong price corrections.

We will have all of 2021 and more with bull markets...

Corrections are normal in every type of market, if a correction happens; it doesn't mean that it is already bearish. The momentum just ended and it is the characteristics of a chart to do some price drop before it continue to make another high. There is already correction happened last week where a lot of cryptocurrencies dropped more than -10% and it for me it is a sign of healthy market because the price is making pullback where it can be a right opportunity to ride and grab those opportunities.

Try to observe the current state of the market, it is very bullish because we are now approaching to beat the ATH of the bitcoin and some of altcoins out there are now starting to move and for sure it is because of the manipulators in the market.

I'm not surprised price correction like this, Because this often happened when prices have risen sharply, there will be a strong price correction up to 20%, So take advantage moments like these to buy top potential coins on coinmarketcap. And now you can see that the market price has recovered and the Bitcoin price has gone up again.

Yes I agree, use that moment to buy potential coins as we will soon see the market price recover and go up. Every time  correction, that is actually our opportunity to buy because the price will definitely rise again after correction period ends. Now Bitcoin price is going up again and I believe Altcoin price will also go up.

correction of bitcoin is currently very sharp, but it can recover because bitcoin has not yet touched $ 20,000, I am sure bitcoin has not reached its peak and this is our opportunity to buy bitcoin, many people predict bitcoin will reach the level of $ 20000 and above, so don't panic about correction  currently.

The market looks unstable right now and it could be there are some reasons why that happens. The correction doesn't matter so much as long as it can't break another below than 16k resistance. These days the whales are still waiting for something be that will be used as the reason to pump the bitcoin for sure.
More bullish market will come very soon. We is still in the early pump. I guess the this month will be the same as December 2017. Some management funds will be coming and there's a company who wanna put 500 millions into the bitcoin.

What about now? Are we getting good with the current market? As I check the current market for btc and other strong altcoins are having a good value and are in upward trend. This volatility of almost all crypto except for those stable coins are normal. It can fluctuate any moment soon and even can bounce back again in just a short period of time depending on the people behind it like the whales trying to scare and manipulate the bitcoin holders.

I don't think the cryptocurrency market is sinking,
I've been involved in cryptocurrency for about three years,
I can tell from my personal experience that the cryptocurrency market will never sink.
On the contrary, the future of cryptocurrency is very bright in my opinion.

I think this is only a short remedy and in the following not many days Bitcoin could get through $ 20k. There is sufficient motivation to accept that the bull run has quite recently started and still can't seem to arrive at its most elevated pinnacle. For instance, Paypal is just contribution crypto to a restricted populace of its clients. They are generally in the US and different nations.

But we are talking at the moment and the chart is showing signs of an upcoming bear herd. Do not be too subjective about the price of Bitcoin as all altcoins will continue to increase in the future. Looking back at 2017, everyone was as subjective as you were and in the end its price dropped from $ 19k5 to $ 3k5 in just a few weeks.
In the crypto market, anything can happen and it is best to have a backup plan when the market starts to collapse. This is a very sensitive time and I recommend you to prepare plan B, the subjectivity is easy to make us fail in trading.

The thing that matters is certifiably not a couple hundred dollars, the same number of here state, however in excess of 1,000 dollars. Nonetheless, there isn't anything amiss with this value adjustment. A remedy after a bullish waves and that bodes well to see that. Regardless of the amendment and individuals didn't mindful in the event that they have been getting one more opportunity to purchase more coin at the modest cost.

Many experts say bitcoin will be adjusted to $ 14,000 before it gets to $ 86,000. Do you think this might be true?
I have a certain amount of bitcoins, but I think that such growth will be a shock for many!

The crypto market is undergoing a correction, and not really plummeting, there might be some resistance I think

Many people say that Bitcoin will soon reach at least $ 80,000. I think we need to wait for the correction at the level of $ 14,000-15,000. Many analysts are talking about such a correction.

In my opinion, it is just like guessing where the market will be heading to, but this time around you analyse the market and know the possibilities of it moving to a particular direction, but you are not 100% certain if it’s going to that direction or not. So, you still have to trade with hopes that it moves according to your prediction.

We have seen so many experts who are believed to be well experienced make wrong predictions. And that aside we as well need to be making use of safe tools that can help reducing our less if there happens to be any at all.

The nature of being volatile still ongoing inside the market,  even you are thinking that you do understand well the market but there are still many chances that you will missed the right call.

You are just playing with your own specualtions and understanding, once you hit the right call then you'll gain decently but if not, you need to adjust and find the right spot.

reportedly FUD came, that there are 15000 Bitcoins that will be distributed by MTGOX,
this will make the price of Bitcoin drop sharply, hopefully the market that is currently correcting can recover.

today plunging due to correction, take it easy, later recovery will be back,
this year bullish for bitcoin is not over, so don't be too bothered thinking about this.

It's not only 15k but it will be 150k worth of bitcoin with a total valuation more than 2.6 billion of bitcoin will have distributed back to its investors. This will become a very very big problem for bitcoin. I will try to secure my bitcoin into another asset if the distribution will happen very soon. It may take a year to be liquidated all of bitcoin from mtgox.

The price I check each morning is always Bitcoins, it gives a good indication across the crypto market in my opinion. After that I check my other coins. The volatility definitely increased in the last two weeks, but on a monthly basis bitcoins are still looking strong. Honestly, if bitcoins manages to finish the year above 16,500 USD it has been an awesome year.

Usually that what happens after hitting the new highs but it might not be true in our case this year simply because crypto market is being pushed by massive adoption on every corners.

Our market in the past was simply pushed by all the hype which gonna dump all their money after reaching new ATH so that's kinda obvious that we might have different market movement compared to last year but honestly, no one knows for sure.

In the decline in prices, there will be an increase in prices again. When the crypto price experiences a high price increase, the price chart will bounce downwards and this is normal. It's best to take advantage of moments like these to buy more crypto on exchanges because there will be a price increase again.

Seems that BTC is facing resistance now，so the crypto market need to correct，my opinion it's very likely that there will be more than one correction, might be will be many corrections before bitcoin can break through resistance.

Pretty normal really,,, I think a few people were waiting to see if 20k would be broken and they just decided to take profit above 19000. Normal. Plenty more people I feel will be buying it up here, or maybe even a drop to 17 and 16k,,, no need to panic this is perfectly normal.

a lot of corrections and losses because it is approaching a long holiday, it is possible that traders and whales will take a short break, this is not fud but a cycle every year, nothing in the crypto market even stocks experience a decline when entering December and the new year

I think the price goes down in the market is a common thing in the world of cryptocurrency, seeing the price movement of a coin that fluctuates will go down in the future, but it will not go on for a long time, the coin price will go up one day and will make history of the increase prices that have been achieved in early 2018.

they are humans too and they need a break atleast one month and they decided to choose the month of december ,
thats reasonable and if i were to choose if what month ill do my break ill also choose the same month because this is the last and the verry special among other months .
for the rest of the people they should take note of this month every year to prepare early if they are going to sell or hodl so that every body is going to be happy .

the current market situation is indeed down, most of the top coins including bitcoin have experienced a significant decline, but for me this is just a market correction. when the time comes we will look back at the highest ATH achievement of bitcoin again. who knows at the end of this year.

Common and normal, we are seeing that from time to time so we should not overreact with the price pump as eventually big correction will follow. Newbie may FOMO or panic but us who have experience and witness the way the market moves, it should not be new to us, instead we take advantage on the price volatility as we can buy at its dip anytime.

Market does not always go the same way. The market goes up and down. This up and down is called market correction. Usually the purpose of taking market correction is to pump price.

Cryptocurrency trading is a struggle with yourself.  When you observe market instability, the main thing is to keep your composure, do not make mistakes and continue to adhere to the chosen strategy.
If you decide to engage in cryptotrading, you must learn self-control and iron endurance.

All these little dips are just an activator to bullish momentum. These are something to panick about. Only newbies will be bothered about these little little dips. A good trader knows where to expect a dip and what to do when it start happening.

And that seem to be the reason why there's a plunge that happened a day ago. But that's not really a lot of market correction. With the distribution, it's expected that there will be a lot of selling orders for the victims that wants assurance of their money back.
But those wise holders and beneficiaries will keep if it's bitcoins that shall be returned or the same amount as what snapshot of the affected customer got and will eventually get into bitcoin for they'll use it to buy bitcoin.

People must have to learn from the past, everything will have to change since we are in a volatile market. The dips, the pumps, the market correction, all of these things will be relatively to see and expected to happen. And for that, it is very important to know how to manage our emotions and think wisely before making a decision otherwise, we suffered of a big lose.

It is to understand that noobs will act differently and so they need to acquire additional learning and hopefully, they could adopt the market behavior.

Soon they will if they will learn from their mistakes and experience. Market pump and dump is normal in the crypto space due to its high volatility, but what's important is knowing the right timing which will be develop through continues studies and learning from experience.

When there's a panic, you think the other way, don't sell and panic as well as that is the time where the market offers a good opportunity to accumulate.

This is going on when the siphon was happening on the lookout. On the off chance that you have been watching the market since the enormous siphon in 2018 and you will see so numerous comparative developments that are going on this moment. There is sufficient motivation to accept that the bull run has quite recently started and still can't seem to arrive at its most noteworthy pinnacle. For instance, Paypal is just contribution crypto to a restricted populace of its clients.

proven in November the crypto price has decreased. is currently experiencing a good correction and the price is rising. So the decline is not something to be worried about but as a signal to go higher for some time to come

correction of $ 200 happened today, even though the expectation of Bitcoin to reach $ 20k this month is likely to be delayed again,
whether this is like a game and whales are like trapping, we have to be really careful, do not be careless!

Well, I just saw it and the price is good. I am not sure what dooms day event you are advertising here man. That is just a small correction and you are already panicky and even made the title that cryptocurrencies in general is plunging. Please check again and you will be amazed with the how bitcoin is just holding on with the high price. If you know crypto then you should still be able to earn if bitcoin sits at 7k or 8k. You will be able to earn profits on other cryptocurrencies. Don't Panic! And don't bring others to your mode of thinking.

now the crypto market is excited, the crypto currency market cap has also managed to reach a new All time high,
the problem is that the price of Bitcoin has not yet reached an All time high,
even though less than $ 500 can reach $ 20k and above.

Bitcoin has already reached its ATH, please check the Bitcoin price trend and moreover $20000 is not something which is unachievable or once we achieve it doesn't become a new low for bitcoin, Bitcoin has increased by atleast 400% compared to the end of 2018 and begining of 2019 but we are obsessed with this $20000 which is short by just $500. I think we should be worried and try to understand what's holding altcoins back when Bitcoin has flourished.

Whatever that goes up must surely come down and rotate Aso that's Cryptocurrency market for you. You don't have to expect it moon always that's one thing with traders I seriously do not like. Once it going up everyone would be happy but when is going down they will start blaming people. You don't have to trade with emotions and also always remember when to enter a market and when to leave knowing the fact it will either moon or dumps

The correction already ended. People are trying to buy more and more bitcoin right now. There are so many whales have been starting to plan the pump for bitcoin. This time bitcoin can touch 19k rate again dude which is very bullish for the altcoins.
The dump that happened with crypto last week just another correction. i don't think we will see another correction again.
We have been passing so many correction because bitcoin was not able breaking 20k resistance.