Bitcoin Forum

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 :)

OP, nobody knows when the next correction in price will be. This is because no one can predict accurately the price of bitcoin because of her high volatile nature. I will advice you not to wait for the dip, because it might never come. As you can see we are expecting the halving next month, and the way bitcoin price have been pumping recently, makes it difficult for anyone to know what will happen next. If you have the money, it is better that you buy now, instead of waiting for when the price will dip, because you might end up missing out. Don't be the type of people who are waiting for bitcoin price to come to the price that they want before they will start buying, so that you don't sit on the fence watching investors on the bull run, smiling and taking profit. You can use 10% of your income to buy bitcoin regularly through DCA, either weekly or monthly. Also don't forget not to use the money for important purpose to buy bitcoin, because you will end up selling, even when the price dips below your entry point.

Just like what @Sim_card said, there's no way we can tell  when will the correcting is coming but I'm pretty sure that it will test out its previous ATH and after that it might break a little while and that's the waiting game you are talking about along past the ATH I think there will be a correction and that's the best way to invest though we can't really tell whether it's just a minor dump or that was the correction.

What I'm currently doing is I know that it's getting high and we are in the uptrend, whenever there's a minor dump or correction I bought it (but not all) and I do that again and again, that's the best thing you can do so far rather than wait for the unknown correction and buy at one time.

It's very hard to say when the next significant correction will take place, it has never happened before for Bitcoin to reach its ATH before halving. I'm saying reached because I am very sure that we will reach ATH, the price is 65k USD right now, and it's very easy from this line to reach 69k and even surpass it.
From my own experience, the price might crash from 69K or 70K but it can be temporary and then go higher, then it might even crash and will start a significant rise in this winter, after halving.
It's very risky to do anything, I wouldn't risk with a lot of money.

Maybe you should ask those from BlackRock or Fidelity? As long as ETFs buy the amount of BTC they are currently buying (about 30 000 BTC per week), no correction should be expected, but only an occasional slowdown in price growth. I don't know since when you invested in Bitcoin, but unfortunately for all those who underestimated spot BTC ETFs and did not invest during the last year or even better in 2022, they can hardly hope for "cheap BTC" now.

If you buy small quantities and practice the DCA method, I don't see why you should wait for a dip - I'm not saying that you shouldn't expect one, but currently nothing points to it. Anything below $100 000 per BTC is cheap anyway ;)

This is impossible to know, maybe something closer to the halving could happen... We had a 20% drop in prices a few weeks ago due to the sale of bitcoins by FTX, but I still think the path is clear until the ATH, without major concerns, only the natural price fluctuation.

Currently BTC has touched 65K and the market is giving us another opportunity to earn money by trading bitcoin itself. I have a different opinion about market conditions which many predict will experience a correction. What you shouldn't do is sell BTC and then move from one crypto to another to look for the next sensation.

In my opinion, as long as the market is not hit by anything that makes it wobble, crypto market investors will be even better, as it is one of the indicators that influences the price and the whales don't make big selling actions, I think it's safe, but don't forget to set a stop loss. as a seat belt.

Another correction topic right after Bitcoin pump hard. There’s no telling what’s the exact price for correction because bull run is not even concluded yet. If you really want to accumulate Bitcoin badly then why not start DCA today even for just small amount and continuously do regarding if the price dump or pump so that you can increase your Bitcoin no matter what happened.

I’m sure you will create this same topic when the price already reached 70k, 80, 100k and even to 120k until you didn’t buy at all while the price is already more than x2 if you just buy now.  :D

No one really knows when the correction will come. You'd hear people say that it will come after the halving and that's the normal thing that happens every time the halving occurs. Because if someone is going to tell you that he's sure that a correction will happen, he has to prove that to happen. But as you know, we're all speculating on this market and everyone is entitled for their own analysis. Just like what happened now, no one really knows that we'd hit $65k on an instant and Bitcoin just did. No one knows too on which day we'd be back to $69k and when it is going to surpass that past ATH.
That's why if you're asking when the correction will come for you to start buying. It's such a question with an unknown question but if it's about buying at the dip, we've been telling you to do that since long time ago and good for me that I did and the others too. But those that have missed it can't forget themselves because they're always hesitant about Bitcoin. I think that the pattern here is that bitcoin no matter what happens is going to have a straight line upwards with or without some corrections because this is the best crypto in the market. It is unbeatable and someone who's chill holding it won't have any problem for how long he's going to hold it because it's already proven that every cycle, it's Bitcoin that gives significant growth to itself and also contributes a lot to the bull for the market that affects majority of the altcoins.

No one can tell you when Bitcoin will have a correction and people expected such big correction in recent months. Till now Bitcoin already have 6 months with green and it's very logic to think of correction. Look back, we also thought it was logic like 2 or three months ago and see now how Bitcoin continued to rise more.

You must have two different views.

First, invest money in Bitcoin and your target is increasing your bitcoin. With this, you can buy now and don't have to wait because if Bitcoin rise more to like $80,000, a correction of 20% will give you a price like $64,000, not different than now.

Second view is if you only care about $, not BTC, you will don't care how many bitcoin you have with a same capital. So you will need to wait for a correction and buy a dip, get profit.

I personally feel we won't see any corrections as what we are seeing is the effect of spot ETF. The current market conditions was what everyone was speculating before the approval. The amount of money that is being invested in the market to buy Bitcoin can only happen due to ETF. After halving which is scheduled next month we might see a more demand of Bitcoin.

Apart from ETF do remember this is the year of American election and the ruling part would not be interested in a market that is in red before election. We will see more of such small bull run till the year ends. Next year we will se a huge jump in Bitcoin price after which we should see correction.

The bull run has already started. Even though we are in the first phase of the bull run, I don't think we will see a massive correction if something very bad does not happen, at least not before the halving event. Most of the companies are waiting for the halving event and the new ATH. Everyone has their selling point. We don't know who will sell at which point. Right?

Let's say Micro strategy has a plan to sell some of their holding at 100K range. If they start selling each time BTC hit 100K range, small hand may start panic selling seeing a small correction. If something bad does not happen, then I do not expect a massive correction in the next few months.

I’m not trying to predict corrections at the moment; as an investor, I keep using the dollar-cost averaging strategy. Perhaps I'll start considering that when the current ATH is reached or surpassed because I know many are waiting before they sell. I'll also gauge the market as part of my daily routine to determine if I really need to sell and if there will indeed be a correction. But still, no one can predict the future for sure, so it's tough to say exactly when the next correction will happen.

Well cryptocurrency markets are pretty wild and nailing down when Bitcoin will correct itself is like trying to catch lightning in a bottle. Instead of stressing about perfect timing, think about spreading your investments around. Diversifying helps you ride out the ups and downs, making your portfolio more robust. It's like having a financial safety net when the crypto rollercoaster takes unexpected turns

The election in America will take place on February 10, 2024. That's just 6 days away.  Trump vs Biden, both are in favor of Bitcoin at the moment. But it seems Biden is better because I read they regulate Bitcoin and give room with some settings to grow. This gives Crypto room to continue to grow. While at this time Trump is relatively new, because he has just been involved in Crypto NFTs. Remember he once refused to Crypto, although in the end he withdrew his words. Then regarding the Spot ETF, yes I believe this wave was greatly influenced by the opening of the Spot ETF. Investors feel more confident in BTC since the Spot ETF approved.

I find it fascinating that people actually think they can get an answer this way. That we, as a community would have an answer to when the next dip coming. Why would be even losing money ever if we would know that? If someone gives you right answer now, it's most likely because they were lucky and their TA was right, even though probability for that would be slightly over 50%

But are you seriously even buying that next correction? What if next correction is from $100k to $80k? Are you waiting for that and why?

My serious answer would be that you should try to find answers from respected accounts in tradingview. But majority of them won't give you right answers either. Just dca. If you are not using leverage, you can't mess up badly here.

In the last month I have also very rarely seen major corrections in the Bitcoin price unless it is just a continuous increase so the most sensible thing at this point is to enjoy this price increase to an unknown extent. Because if you yourself are expecting a price correction in Bitcoin for whatever reason, I don't think now is the time because even from a small level of price correction there are already many people who want to hold Bitcoin by buying it.

Moreover, if a big correction arrives, there will definitely be a lot of whales who want to take advantage of it, but for now I think this is difficult to happen because considering that there are many buyers who are not waiting for a big correction in the price of Bitcoin so the increase continues to occur in the market without any obstacles.

What do you mean by significant correction? I don't think there is Significant or insignificant correction it's just correction, if the correction last too long then it become a new bear trend.

Other that, there is no certain way to perfectly predict any correction, even with sophisticated and supposedly 'prooven' trading indicator and analytic there is still possibility of wrong prediction. You won't get any satisfaction answer with that question.

For me my plan is just hold and DCA, even if there is a correction.

No one can predict dip or rise in prices of bitcoin. If a person is really able to do this, he need not do anything in his life. And within a month, he will become the richest person with the world with his accurate predictions. We can make a guess based on past trends and current situation. If I have to make a call, I will not wait for a dip here. I will keep buying BTC whenever  I have extra funds with me. This will average out the prices as well. Moreover, you will not spend that amount on BTC which is important for your daily needs, just the extra funds are spent which you can wait for to grow.

Near future seems difficult with significant correction for bitcoin exactly after success breaking out above $65K. Usually few percent of Bitcoin price pump always waiting for correction moment before raising the other new higher price again but difference in this time bitcoin almost difficult to get significant correction.
Last time significant correction when ETF approval announcement and bitcoin break out almost $47k just few hours later dropping drastically until drop under $40K and take more longer time for recovering to the higher price. Will the next significant correction after bitcoin price break out until $70k?

The market in the last month has been quite encouraging for those who choose holders, not for those who trade. Expect a price drop in the near future to be able to get more Bitcoin at a lower purchase price like the price before now, it will be very difficult to get it again, although a drop amidst the increase is unpredictable.
In my opinion, to get more Bitcoin with high buying volume for the current price it is appropriate to do DCA before the new ATH.
If the situation is like this, those with small capital are already in a wrong position.

Hello and welcome. You have been around since December 2023 and there were also good prices for bitcoin. Now they are of course higher and look nicer, but they will probably look even better in the future, so now would also be a good entry. If you have a lot of time and a few years pass, then you could be even happier, but that is also speculation. None of us can see the future, we have already seen a lot, but bitcoin is here to stay and will get stronger, you are currently here, and you will see it, very good decision and I wish you all the best. Buy bitcoin, sell fiat.

No one can say when the bitcoin correction will come, and it is impossible to predict. Because Bitcoin is a volatile currency, no one can accurately predict its price due to its high volatility. We can only make a guess based on the past trend and current state of Bitcoin.
    So I think if you have enough money that you are ready to lose, then it is better to invest in Bitcoin now rather than wait for the price to drop. Because the bull run has already started, expect the Bitcoin price to surpass the last ATH. Next month is Bitcoin halving time. So we have to patiently wait for the next time to get a good profit by investing.

No one can be certain of it but if it is just a guess and assumption then I guess it is during halving or the event itself being anticipated. Why? Investors will need to re-accummulate their holdings and that would be the perfect time I guess given that many small investors are expected to be buying at tht point due to FOMO. Again, this is just how I percieve the market and I really consider what happened from the previous Bitcoin halving even if it never displayed certainty and parallel alignment eversince but there's no other things we may consider due to natural inconsistencies. If I were to base or consider previous halving, bullrun occured months or almost a year after the halving. The idea as well that there's no consistent price increase happened, take note of 'consistent', in its market value simply because volatility will be always there including market manipulation by whale investors.

The only thing we could be a bit sure with is that price correction will take place anytime given how long the pump have took place already and the event we are all anticipating hasn't occured yet, and it makes a safe assumption that things are way too early for a 'true' (what we saw before) bullrun to happen even if there are signs already. What's a must is to be careful and to be on watch of your holdings so that if ever a crush will take place, you wouldn't be left with nothing but loss, set a stoploss if it is applicable with your investment plan. We are all guessing anyway and the only thing which is common is being preventive of loss.

It's getting too unpredictable as the day passes by and I was assuming that we may see corrections before halving somewhere in March and April but if we look at how the Bitcoin has been performing I am doubtful now whether we will see any correction at this moment. I think we cannot predict anything when market is rallying hence it would be better to just stay up to date with the market and no one can predict a thing now hence let's not buy anyone's news or prediction.

Yes that's right. In the midst of market prices like this, plus we are approaching the halving period, the American election and apart from that, because the ETF may be waiting for the BTC price to correct, it is not the right thing because the right choice at this time is to continue doing DCA because we have not yet reached the new ATH so there is an opportunity to enter cheap prices are still available.

Additionally to me, bitcoin has become a hedge tool for whales as the value of fiat declines due to inflation. Whales continue to accumulate, especially after the halving, the flow of BTC supply is getting smaller due to reduced miner rewards. Btc will continue to rise in the long term with a correction of at least 5% to 10%, this will also be immediately bought back by whales. Blacrock himself suggests 28% of funds be put into BTC. So BTC will continue to rise to the moon. Let's play the game.

honestly it’s hard to predict because of bitcoin’s volatile nature and its price changes a lot really quickly as well

if you want to acquire more btc i say that you should…. just buy whenever you think it is low enough you might keep missing the dip if you keep thinking that it might still go down so i say just buy it when you can afford it

No one can really have any idea about the market condition. When  it will be bullish or bearish but we can predict that after a big bull run there is a retracement. Bitcoin has been growing for the past few days in a way that sounds good to many but worrying to some. But for those who were still waiting to buy from the Bitcoin dip, the big dip may not be possible now. Because the market just recovered its price from the dip. Even if we see a correction, chances below 50k is really very low. But this is just speculation as anything can happen at any time.

Hello everyone! Thank you so much for your replies! It pains me to buy it so expensive when I bought it first £20K cheaper than it is now! But I guess I am gonna have to! I mean £20K in a little bit over  a month - I could not have foreseen this!  :o :o :o

Bitcoin just hit the price of $67k which is very close to the previous ATH of 69k. However, I do expect this price run to the upside to continue until we smash the previous ATH level, and from there likely that Bitcoin will go way further to reach $80k per coin before we would get a major correction back to test $69k and to confirm that particular breakout and now turn it into that level into support which is currently acting as resistance zone.

at this moment you will come equally buy a Bitcoin because as soon as the price is increasing in the market you will be making more profit when you purchase now and it will happen to increase the only place you will experience disadvantages in the market of cryptocurrency especially Bitcoin is when you purchase and the price decreases that is when you have a downfall in cryptocurrency but when you purchase the market continuing to increase you are at advantages side because it will yield a more profit for you.

Who cares though when will be the next correction? It's just like asking what will be the top price for this bull run? Just enjoy what you are seeing in the market right now. If this is your first time then good for you. And this is the classic dilemma for investors and that's why we said that it's better to do DCA and not waiting for the dip to buy. You can average in a DCA and even today you can still invest as we are far from the biggest bull run that we will see in Bitcoin's history. There are members here who are good in technical analysis but I don't think that anyone here could be experts and predict where will be the next dip and how big will be the fall, or when is the last leg down before we go to the parabolic rise. "Just invest what you can afford to lose".

actually diversification of our portfolio it is good in cryptocurrency but the problem is that you have to make a proper research concerning those coins that you choose to be in your portfolio because it is obvious that you can invest in a coin that does not have a potential and by the end you lose both your capitals and no profit, so it is obvious that you have to understand the rudiment of investment in cryptocurrency before you invest that is why so many people who are investor keep on investing on a reputable coins that is valuable

No one knows when a price correction is going take place and waiting for one right now is not smart because it may never happen. So If I were you, I'd be buying and filling my bags at every slightest opportunity I get instead of waiting for a deep.

A little correction, the American presidential election is slated to take place on the 5th of november 2024. Also, Bitcoin cannot be regulated by any entity, it's the crypto exchanges where it's been traded that are under regulations.

Just for the past 3 weeks? Some of us have been waiting for the past year or so. Without much success.
Im starting to think dip wont even come to the party anymore.



That is not true. You are misinformed.

With Blackrock filing to buy more BTC for other funds it runs and Microstrategy raising $600,000,000 to buy more BTC, the only way this market comes down anytime soon is if mtgox distributes their BTC. Even then, there’s so much buying pressure right now, it would probably only dip for a week or two. For now at least, it’s up only.

No matter the current surge of bitcoin up ward I would be a correction and that correction would come after we hit a new All Time High. The reason is at this price there are going to be investors that would certainly be taking profits this will cause a little dump and as this happens fear will grip in and some short time holders will pull out too. Although I don’t expect a heavy fall but we will see a correction and then moon after halving

If you ask me, I reckon we'll probably see prices wiggle around a bit when the next halving happens.  Maybe a little bump up at first as folks get excited.  Then kinda settling back down after everyone calms down. At least, that's my guess - tough to ever be sure with bitcoin!

Yes, although we speculate that the price of bitcoin will experience a correction when the new ath price is reached, I don't think it will last long because we are approaching the halving, which may result in a stronger reversal to rise again. It's quite accurate because I saw large sell orders at $69k and $70k, but if that doesn't go through, the price could drop to $55k. But that's just my analysis because currently the market situation is quite good with really strong buying support.

Of course, making entries in several places that we think will be picked up well will be really good to wait for. People are hoping for a decline when the price is rising but I won't hold it against them because I still hope the price of bitcoin continues to rise and reaches $100k before the halving.

New all-time high first before some corrections.
As you can see we are already in the top, only 1 digit percent left. And just in case we will pullback, I believe we already have our strong support, and I believe it will go sideways only ranging from $60,000+.

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.

A lot of people didn't buy when the prices were low, they were confused about whether they should buy at that price or not because there were predictions when Bitcoin was around $30k that it would go lower from there, it went to $28k and then went straight to $40k from that point and the rest is history.

People who buy at current prices will earn some profit, but the profits would be lower than if they had bought earlier. However, if someone is making a long-term investment, they shouldn't worry about these things. All they will need to do is keep holding until their assets reach their desired prices, if they can't do that, they will either be at a loss or won't get enough profit on their investments.

Well I do think we are going to have a correction after the halving. I think that is what did happen before in the past for a Bitcoin halving. I also do think these new high prices do factor in halving event.

The halving is going to happen in 46 days. So I am going to make sure that I do have some fiat in my bank account to buy if there is that correction.

You should have invest when you thought of buying 3 weeks ago because now? you are already trapped on that and cannot buy in lower price because this is continues to grow from here mate and we are waiting for the moment of crossing ATH of bitcoin , because we  are short by hundreds today in hitting that ATH again.

You could have predicted that something like this would happen considering that the SEC gave approval for spot BTC ETFs, but for consolation you are not the only one who was caught off guard, because much more experienced members of the forum suspected that spot ETFs would have this effect on the price.

I already wrote to you that it would be much easier for you to look not only at the price, but at the fact that Bitcoin is much more than an investment, but I understand that most people do not look at it from that perspective. However, if you only care about profit, can you even imagine what the price of BTC will be in the next 1-1.5 years from today? It may seem expensive to you, but chances are good that it will pay off in the end.

Everything written above is not financial advice, but only my personal opinion - do not invest more than you are ready to lose.

Sounds good! I'd be happy with a prediction like that.  I just hope we don't have any more major pullbacks below 50k before the next bull run takes us to 100k and and beyond.

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!

Nice, some people are happy rightfully when the price pulls back and its good to see :)      This was definetly a rapid correction or pullback but also the rise has been rapid by my reckoning and I've been watching a fair few years this was a good one.

This is still very much a positive market, I'm not too apprehensive personally and as the person above states for some its a good thing and a welcome opportunity.   I personally get uncomfortable if we never pullback as from my perspective that's unnatural performance.   Anyhow 61k or above is a positive movement across a week of daily bars, its still a positive resolution of that sideways or flag pattern seen prior.

BTC very much strong, as a quite skeptical person I still look for a larger pull back to something like 50 day average but it would be jumping the gun to think that now imo.

I believe that considering the situation we are in right now, it's quite possible that we could fall before we get anywhere like that. We are nearing the all time high and nobody expected it to happen right now, and I am guessing that as soon as we are just above it or just below it, there could be a correction.

This is of course just my guess and I am not really expecting it to be something that will take some time, it is not going to be that simple and we should probably consider it to be a normal deal. I get that we are not going to see this change all that easily, after all it is not going to be simple for bitcoin to fall but we are very high right now so falling would be easier right now than ever. This is why many expect it to happen.

It's not a manipulation but a usual scenario every time Bitcoin pumps, and that's not the big correction yet.

We have to wait for BTC to create it's new ATH before we see the big correction but still it's not guaranteed as Bitcoin looks more stable now to continue the up trend.

Lucky to those who are able to catch the dip again, that's a good profit already so enjoy it.  ;D

If you watch the news, you will know that the bitcoin price drop to $60k after bitcoin hit $69k today caused thousands of traders to lose money and the liquidation amounted to $1.2 billion. That's not a small amount and I don't think it's natural. To me, every time bitcoin drops rapidly or increases rapidly, it is when the market kills long/short liquidity and that is manipulation by market makers. But I agree, it's not a huge adjustment that we need to be concerned about.

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.

Those times are over when I tried to figure out when the next correction might happen. I would rather stick with a consistent buying strategy and follow the most important rule: don't shift your precious BTC into altcoins (aka shitcoins)! If for some reason you get the timing wrong, buy at the ATH and then BTC dumps hard, you can almost be certain that a recovery will follow, but it may take some time. Just check out when we last hit the upper 60k range. That is like 2.5 years ago. Make sure you invest money you don't need in half a year and you are on a quite safe way with your investment. Shitcoins may never recover! There are some that will probably recover because they are on the BTC bandwagon. But 99.9% of the shitcoins you can find on coinmarketcap.com will probably never go back to their ATHs. If you play that game of jumping back and forth between BTC and shitcoins long enough, you'll probably end up with empty hands.

By the way, what do you even consider a correction? 3%, 10%, 50%? People like Michael Saylor (or MicroStrategy) are adding more BTC frequently. I doubt they would do it if they thought any significant correction could be possible in the near future. With significant I mean something like 25% +. We aren't even at a point where 10% is really significant. BTC is volatile and if it drops from 68k to 61k, nobody who has been around for a long time would be talking about a significant correction. It wouldn't make a huge difference for potential investors either. Whether you get in at 61k or 68k, if you are pursuing long-term goals the overall impact is most likely going to be quite little.  

It did dip quite a bit, but now the price is just shy of $67k, so there is profit taking when we did hit new all time high. It's understandable though, maybe they have been waiting for this and so for them it's necessary to take profits, so you can't blame them.


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.

The difference is big if you buy 1 BTC or a larger amount - so you would save even $8000 if you bought one entire BTC, but if you bought 0.1 BTC you saved x10 less or only $800, which is also a good saving. But if you bought only 0.01 BTC, you saved only $80, which I admit can be a lot of money for some, but not so significant for others.

I won't go further and say how much the savings are if you only bought $100 worth of BTC, but as I already wrote the savings at those levels are almost negligible. However, I understand that numbers can have a significant psychological effect on people, and if someone feels good because he saved a few $, I have nothing against that.

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

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Yeah true, we are really hoping that starts soon because we all expected it to happen one way or another and by the looks of it we are seeing some situation changing with time, not a lot of people realize this but this hyped new one could be bigger than anything else we have seen.

Not because of the amount of money to be made, bitcoin can't go up 1000x like it used to, of course we won't be making that much money (at least not from bitcoin itself) but the growth and legality of bitcoin is at all time high. We literally have that ETF that we have been waiting for, you know how long that took? This is why I believe that we are going to go up for a while longer when this bull run starts, and I am expecting a big increase for sure.

The returns in this bull run will be insane but within the realistic limits. As you mentioned we will not be able to see 1000x gains not only in bitcoin but also not possibly in altcoins too.

Some analysts have this point of view that previously the money flows from bitcoin to large cap altcoins and then to the small cap altcoins but this may not happen this time as the money going through ETF won't be going to altcoins and it is only the bitcoin that will be strong in this bull season. We are yet to see how the market behaves but still, it will be a good time to make money for both the bitcoins and the altcoins investors.

Know that price correction will always be present in the market, but if you have funds ready to invest, why wait for some price correction to appear? Instead, do the DCA consistently while bitcoin bull run is not yet happening. Don’t wait to miss another opportunity because you are busy waiting for a dip price, as no one is highly capable to predict when will be the next correction in the market. Invest while you can, and invest using DCA so you can at least lessen the risk.

I think everyone has a different strategy even though investing using the DCA method, we don't need to be reckless in starting investments at high prices because considering the potential for high market correction in the bearish season, but our best option is running a DCA investment strategy at a lower price than current market price and save the savings funds in gold for the purpose of maintaining asset stability and when the BTC price falls then convert the gold for crypto investment.

Indeed, there are various ways to invest and also to carry out strategies that we consider beneficial to us as investors. However, in terms of investing in crypto, I think saving funds in currency before buying Bitcoin would not be wrong because these funds will be used to buy Bitcoin when the price is low. However, the method you stated is also quite good to implement because apart from being quite good through the DCA strategy, you can also have the opportunity to make a profit through the gold savings that we choose as temporary savings.

None of us knows. Because if that would be possible, then expect that majority of us here won’t lose our investments but would be more patient to buy and hold knowing the best price is almost near. But we all know in reality, everything that happens in the market remains a mystery for us, but if you chose to stay more positive and stay more patient because it’s the right thing to do, surely you will end up with massive profits.

However, waiting when to invest is more likely a waste of time and opportunity. You could have invested that using your own extra money and just wait when the price will prosper. After all, bitcoin is a long term investment so one should not rely much waiting on bitcoin to fall on its dips, but learn to invest on the money that you can afford to lose regardless of the price.

The option will get two different benefits from the profits of different types of investments, profits from investing in gold and profits from investing in cryptocurrency when you have set the lowest price for bitcoin investment, I think this strategy can be considered to optimize investment in cryptocurrencies, our investment group community has implemented this strategy to optimize investments to target bear markets.

Conclusion, we are willing to invest in bitcoin at this time but it is not supported by unstable market conditions and the price of bitcoin which is still high, we decided to invest in gold for temporary savings or can be combined with other strategies with the aim of increasing savings while waiting for a market correction .

I have to say that price correction would still be happening most often these days despite of how eager we are we would want to put an end to that and start seeing a new all time high. Bitcoin will always be volatile, most especially if we are already in the bullish season. That is inevitable so all we have to do is remain calm and patient so we won’t resort into making wrong decisions.

But I have to agree that it’s best to see the bull run at the end of the year. It’s just that we don’t hold how bitcoin price moves in the market.

Whatever the goal of OP is with opening this thread, but if we take it seriously for a second, everyone can guess what a significant correction is for a "newcomer" and what a significant correction means for the guys here who have been around for a decade. Going down from 73k USD to 58k USD isn't frightening those who are from the old days. Back then I was shocked when Bitcoin went 20% down and I thought this could be the end when there were crashes of 70% or so. If OP doesn't say what proportions are being referred to as "significant correction", then nobody can even give an idea really.

This is good advise for those that have multiple source of income, they don't have to wait when they see opening to DCA when price drop at any point that they want from correction but this is not easy for some even when they know it is right time to buy but they can't afford to throw in more money that will be stocked for some time that may not be estimable. So to DCA, you really need to have lose money because you just have to be accumulating maybe without profit insight.

The time for price correction is what I can't tell, and I don't even think anyone can give an accurate prediction about that either.
 
If you have money to invest in bitcoin, I will advise you to do it the moment you have the money, and what you plan to invest in should be what you are willing to hold for a long period of time because you can invest today and the price can take a negative or positive turn the next day.

I think this might be a good moment to buy, I mean you are not really going to predict the movement in the market it's going to be difficult if you just going to wait for the best opportunity you might end up waiting for nothing and end up not buying until the Bullrun, It happened to me a lot of times so the best time to buy is right now, and do not do it on very high amounts, start to accumulate weekly or monthly in that way you could lower your risk of your investment for sure. We all recommend to do Dollar Cost Averaging since its the best and safest strategy for cryptocurrency investment, as long as you are going to sell your token on the top you're always going to end up making a good profit on it so there was no need to wait for the right timing in the market just keep on accumulating Bitcoin until you earn a huge amount.

The halving has already happened and it can be said to be a sign that bear season is over if we rely on history. During bear season, it is completely normal for bitcoin to drop 50%-70% and everyone understands that it is inevitable. But cyclically, we are about to enter a bullish phase and if bitcoin drops over 20%-30% I think that will be significant and make a lot of people nervous. And as I have been following a number of investors based on charts and technical analysis, bitcoin's weekly close today is a bad sign and it is likely to continue falling. It's not the end for the market but it won't be good and could delay the bull season.

The question for you is "what is your target buying price?"
You might be waiting for a long time, and it already came to a point where you waited too much that it might not go down again or at least it will not reach the target price that you want to buy.

If you're asking if the correction has started already, I believe it happened when it dropped below $60,000 and went to as low as $57,000. That's a good time to buy some Bitcoins and other altcoins as well. If you bought at that time, then just be patient, I guess. Will there be another correction that will happen before the bull run starts? There might be, or there might not, but one thing's for sure. If you buy Bitcoin right now, and you hold it until the bull run starts, and you decided to sell at the peak of the it then you will surely make profits.

My advice is that don't wait for the perfect time to buy because you will miss more opportunities when you're doing that. Just do what others are doing which is to just do DCA.

right now is probably the correction that your're looking for though, price of BTC tanked same thing with ETH, if not right now then I doubt there will be a day for it to dip within this period of bullrun.
to be fair, we're still long way from the concluding of massive price hike, regardless still a great opportunity to DCA though.

i mean you can always wait until there's dips that might drive the price to be lower than this but there's no guarantee, if I were you i'd definitely invest some to bitcoin and ethereum which i'm currently doing right now anyway.

thats fair opinion, probably people cashing out after there's no big event, still this doesn't mean we've sunken to the pit of bearish market anyway.
there's much opportunity i believe, even if i buy the dip right now its already better odd than people who buys few weeks ago if i'm not mistaken.
so its definitely a good opportunity from my opinion.

no one can predict when a significant correction will occur, because it is something that is impossible to predict. but if you want to invest in bitcoin and wait until it really corrects, i think that you won't be able to get the right time, because you will keep thinking about waiting until the price of bitcoin really falls and in the end you give up and won't invest. so instead of continuing to think doubtfully like that, it's better for you to buy bitcoin now and hold it until you really make a profit from your investment, because that's the only way to invest in bitcoin.

You are right because if we are able to make the right predictions it will be easy for us to accumulate when the price of Bitcoin is corrected. But the problem to wait for the price is corrected we need time and the monitoring is not necessarily providing an opportunity for us to buy, because it could be when the price of Bitcoin is corrected we do not have money to buy. The steps that need to be taken for accumulation do not need to wait for the price corrected because we can use the DCA method to collect.

Bitcoin will always give birth to a four -year cycle so that it will bring up new prices and for this reason we can buy Bitcoin at any price. Waiting for the moment of correction to buy will make us doubt, because we are not able to make the right predictions. If today Bitcoin is at a high price, it could be that the next few hours there will be corrections and then go back up so that we will have difficulty deciding at how much purchase.

It's true that market conditions will not be easy to predict, we only need to buy bitcoin using the method you mentioned above because that way we can pay off the Bitcoin purchase in installments when we have unused money, so use it to buy bitcoin. Think of the purchase as savings for later life. When we get used to doing that, everything will feel easier and our future will be guaranteed and we won't have difficulty earning money.

Find a decent job that will give you a decent salary so that you will not rely on Bitcoin alone to solve your future needs for money, This way all your Bitcoin purchase will be easy since you are using an excess funds from your salary while you still okay in the future even if Bitcoin fails since you have a good source of income coming from your job.

It’s common mistake to rely solely on Bitcoin for your future by putting all your savings on it without considering the worst case scenario since Bitcoin is still a very volatile asset. You should save using your salary separately with your Bitcoin investment.

That is the toughest part, a lot of people see bitcoin go down, and they see that as a bear run and they fear so they end up selling it, we all know that when it goes down it will go up again, but the difference is not all of us think that it would be same period.

If you think that bitcoin will correct and go back up again in a month, you will not sell your coins but if you think that it will be down for a year, then you will sell your coins. Both think that it will get back to what it was, but one thinks that it will take a lot longer than the other. I personally believe that we are going to do fine, and we shouldn't worry about what we are seeing right now, it shouldn't really take long until we fix the price and go back to 74k levels.

There are lot of people with similar mindset and confusion because when the BTC is down they keep waiting for pump without investing into it as they have subconscious fear it may drop even further and when the market pumps they wait for dump to buy at dip, when the market is stable they wait for correction which no one can predict.

And with that kind of waiting up for the right opportunity would something be causing up for them to missed out tons of opportunities just because they do hinder everytime when the market do make out such movement.
Its true that when it pumps then we do wait for correction, if it corrects then we would be waiting up for its bottom and when its consolidating then you would be skipping out on making some orders or entries just because you would really be having those thoughts that it might be going up or down on the time that you do make out such buying or selling decision. If ever there's someone who would be able to know or simply be saying that everyone in the market does know on when those things to happen then everyone would really be doing on the same action which simply means that there would be no market movement or simply those volatileness since
everyone is really that waiting for the right timing.

Significant correction? It would be neither be happening or not with this current cycle. No one really knows on when it would happen.This is why it would be important
that you should really know on what you are doing.

Best clue to a downside move is when the attempt to go upwards fails then speculators give up and it can snowball downwards through support.  At present I think the upper line to beat would be 63k and for the last couple weeks we have been below that level mostly and also the weekly average is mostly negative.

Support below would the last low at about 58k, we traded below that on May start but didnt hold there and recovered.  So those are the two indicators that must exceed and hold to show positive or negative direction.

We've gone sideways so often now for so long I dont think it'll be clear until the weekly bar shows us confirming those extreme levels and holding there.  Then you might get the greater movement.   Buying programs etc. those who want to avoid obvious moves deliberately try to get the market to go sideways by only buying into lows when they accumulate.  All of this hold pattern could resolve in a bullish way still.

On the time that the price do tend to hit up some resistance and had been rejected without any further sentiments that backing it up and simply the volume of trade goes down then it would really be likely for us to assume that this is a strong resistance which it could cause up that rejection for a couple of times before it would be making up some kind of pattern. Just like the rest been saying above that there would be no guarantees that these things would really be working but you do have the slight idea on where it would be going. Corrections is always been part of the game and knowing it beforehand is something
that would be the main challenge for us all. If you cant be able to bare it up then this market isnt really for you.

Why would a drop of 50%-70% be inevitable? You mean like law of nature? That's nonsense. If you said that those who have been around for a long time know that this is a very real possibility, then I agree. But there is no intrinsic force that makes Bitcoin inevitable drop by the aforementioned range. I have said a couple of times in the past that I don't believe this or that is or is not possible in regards to the price, or is unlikely so to speak. But I learned that I know nothing, so I stopped predicting.

Instead I prefer to stick to my conviction that in the long run Bitcoin will go up. I believe that is the best and most upright prediction someone can give. What's the point in providing year, month and day and a price point when there is no realistic chance to get it right? Maybe the gurus have to give these answers in TV shows and on their Twitter channels to make sure their flock of sheep grows in case the gurus got lucky and get close to the prediction.

It's funny when people say that out of these 1000 gurus there are 5 who got it right. But is it these 5 who got it right, or is it almost a necessity that any 5 of 1000 gurus get it pretty right?

Since you said it is inevitable that Bitcoin will drop 50%-70%, what do you think when we get there? I want to know so I am prepared to buy the dip.  ;)

I think even if you have one job, you can still do DCA and buy Bitcoin through your salary but you need to budget everything to the tee so that you won't touch your investment and just continue to do it day in day out. And with that it's going to be a hard grind for us average investor. But for me, it can be done though, going to be hard but possible to accomplished to start during the bear market, accumulate up to this day thru DCA. But as others have said with this strategy, you really need to be prepared and have the patience and. As for the question of the OP with regards to the correction coming, we are still trading sideways after the halving and did dip to $57k'ish so that could be the best time to buy.

As we discussed before and it happened because they didn't understand the bitcoin journey process. Panic occurs due to the inability to recognize the bearish process, even though this process occurs naturally and can never be separated. But they forget that after this process occurs there will be a time when bitcoin will experience a gradual recovery and will return to initial price support before reaching the four-year cycle. Investments will be fine when someone understands bitcoin, the correction process that occurs a month or a year will not become a panic when we fully understand the four-year cycle process that will occur.

This period that occurred in the near future is an illustration of how Bitcoin corrected and found a recovery point again. I am quite optimistic regarding the current price of bitcoin and in fact I hope there will be another correction to accumulate purchases. Calm is needed when investing in Bitcoin because even if there is a correction, we will always see a recovery afterwards.

Setting aside some money to buy Bitcoin using the DCA method is very good, but we must still be smart in managing our financial conditions. If it is going to be bearish then it is better to collect money in USD first. After that, wait for the Bearish time to arrive and buy as much as possible. However, we also must not regret it when the bull run comes before the bear run occurs. Because that is one of the risks of the decisions we choose.

Always set or having those stash of funds or having those money whenever these things could happen on which on the moment that the market would be making its correction then you do find yourself to be that prepared on which this is something this is really that recommended because once you dont have money or funds and then suddenly the market would be making out that significant correction then you would definitely be finding yourself on such condition that you had missed out that opportunity on buying more. Whether we do like it or not, the market would be having those downs and then later on it would really be having that recovery on which it would be giving out that opportunity that you could make money out of those movements.

If you wont really be taking up any action then you are just basically wasting up those opportunities on making money or profits. So this is why you would really be needing to be wise and be attentive when it comes to these kind of conditions on which its something that you could be able to play with those volatility and make money on the moment that you have done the right decisions.

DCA is perfect for those who have consistent flow of money regardless of how big or small it is. However, if you have a lump sum amount of money, then just wait for the dips to come or when the bearish market appears, that way you can invest your money at the highly potential coins like bitcoin and maximize their quantity while their price are still cheap and affordable. Expect that you will gain a massive returns when you decide to sell them during a bull run.

I prefer to accumulate a large amount of money and wait for a strong correction to happen than to use DCA monthly, but we also need to note what stage of the market we are in. I mean, if we are in a bear market like 2022, we should pool a large amount of money and wait for the most opportune moment and buy in large quantities. But if we are in a pre-bullish period like now, using the DCA strategy will be more effective because bitcoin can increase at any time, bull season will strike at any time.

It will be very risky for those who are hesitant or waiting for a big correction to go all in, because the bull season can come at any time.

If you keep waiting for the right moment, then you will never find the right time to buy Bitcoin because the price changes very quickly. No one knows when the right time is. If they could accurately predict when is the right time to buy, there would be so many investors competing to buy and you would never hear of investors having to hold their assets longer due to the price being corrected too deeply.
The right time to buy is when you are ready to enter the market equipped with funds ready to invest and are able to be patient when the price is corrected after you make a purchase.

So far the price of bitcoin has often been between $60k-$65k, if the price of bitcoin rises above $65k it is possible that it will fall back below $65k. so in my opinion when the price corrects below $65k is a good time to buy. However over time market conditions can change, especially since the Bitcoin halving has started. meaning that at any time the price of bitcoin can rise drastically and waiting for the price of bitcoin to correct can cause you to lose the best momentum to buy bitcoin.

If you have a budget ready to invest, then you can still place a buy order at the price you want; Of course below the current trading price. Instead of waiting for the price to correct, I tend to think this method is useful if you are willing to consider the risks of using a centralized exchange. Another way to buy a lump sum at a low price is to continuously monitor market conditions. You can get notifications from several price monitoring application which you can then use to make purchases. This investment strategy is also implemented by some investors, so there is nothing wrong if you adopt it too.

However, the price of bitcoin could still experience a large correction in the future. We have learned a lot about how the market works, so it is not impossible that Bitcoin will lose half of its highest price in the future, especially after many holders sell their holding.

We even have the best opportunity right in our face to Buy Bitcoin because what is ahead of in terms of the price increase we about to witnessin fact, you will even regret why you didn't buy at this price levels we have when you must have found out it was way cheaper to compare where we are headed to, So If one knows TA very well, It will become easy to spot good buying levels to get in right now, Today we've kissed $67k price level which I'm expecting the price to go crush $73k area and head up if you don't now buy in my opinion, you might not have this opportunity again, Therefore take advantage of slight pullbacks we will be getting in this and fill up your positions in the market, for there is no perfect point to get in, buy at a level, Hodl and get out when you are good.

Buying bitcoin BTC at 65K$ or buying at 60K$ makes no difference when you look in the long run. Think that the bitcoin Bull market price is 150,000$, so this difference of few thousand dollars won't make much difference. Yes, the only thing that can ruin your life is that you keep on waiting for 60,000$, the price never reaches there and you miss out on buying bitcoin. That is the most painful thing you can experience in your life.

Another thing that many people experiences is that they keep on waiting for lower bitcoin prices, but when they see bitcoin is going up and up, they buy at higher prices out of frustration of not missing out. In the above example, it is better to buy now at 67,000$ and not panic buy at 99,000$  ;)

Don’t chase for the perfect timing to invest or trade, but chase every opportunity that comes so you won’t keep missing them. Trying to wait for the next significant correction is never bad, but you are wasting some golden time with bitcoin as you can always invest as long as the price has not reached its peak yet. However, if you can enter the market while there is correction, much better, but it should not serve as your barrier that would stop you not to invest in bitcoin at its current price, regardless if there’s no correction happening at the moment.

Why not, it can still be done if you are really patient.
A trader doesn't have to trade every day to make a profit, but they can still make huge profits even if they trade 1 to 2 times a year. You definitely know what the scenario is, so waiting for the right time to invest or trade is not wrong.

Another consideration, prices will fall and rise over time. You can take advantage of dips to buy and profit when prices rise. The easiest example to find is, someone who had a large budget at the end of 2022 and bought bitcoin at around $16k has seen high returns in 2023 and 2024.

They can make huge profits when they get out much higher than they got in. You are mentioning time frames like a year, but when you are around for long enough, you could have easily known that one year as a fixed investment time frame can go very wrong in Bitcoin. We have had what some people tend to call the crypto winter and those can take a very long time.

There is no perfect timing that you can lay out as a plan. Whether your timing was perfect or not can be judged in retrospect. The perfect timing might be a thing when you are someone from a very knowledgeable circle in the industry and you knew a few things that others don't. Otherwise chasing the perfect timing as an average investor is nonsense. Luck decides whether you got it perfect or not.

Too much patience would really be not that good all the time because you would really be missing out tons of opportunities on which we know that this could something that will really be ending up for you to have
that regret on not to make any action even further. We do know that opportunities do really come and go, but it is really just that right that you would be patiently waiting for the right entry or exit on which
it is really that always been that recommended. You cant really make that perfect timing consdering this market is really that unpredcitable. Market correction coudl really be always that lurking on the side on which it would really be that so hard for us to tell on when it would happen.

Basing up on TA's? Yes it could be possible. with FA's? Yes you could be able to apply but we do all know that it isnt really that 100% accurate or something that will really be giving out
assurance that it could happen. This is why it would really be advisable that you should really be that setting out those plan B's or C's and so on.

current market likes to do sudden correction with wide enough price gap, you can just wait until next opportunity to arrive, usually the price just gonna go up and down, but you can also cause yourself to lose the chance to invest, since the price literally can go up anytime right now.
the market looks rather bullish again as of now, but who knows whether there will be correction or the market instead just keep going up none of us gonna know.
thats why people are investing with DCA to not miss the opportunity.
you can always wait for the next price correction but there's always no guarantee that you will find one, but I guess if you are so hesitant you should just wait for next correction instead.
you won't lose your money but you will lose opportunity at most.

agreed with your statement that says a trader can only profit 1 to 2 times a year and still can make up for entire living expenses of a decade, its matter of how good the trades are , if you can profit so many from just having one profitable trade it will be enough, instead of trying to find as much opportunity available which mostly result in us overtrading that also gonna lead to loss.
a trader back then that long with high leverage on solana when it was still $12 are probably already making millions right now with just one good trade, opposite to people who just keep overtrading pumping up that quantity over quality resulting in mediocre profits will just pay higher exchange fee and ended up with mediocre profit as well.
it just doesn't make sense how people keep pursuing opportunities for the sake of peanuts profit daily instead of massive trade of the decade with millions of profit just longing or shorting altcoins.

First time in 4 days we challenge the 2 day average, so some correction to end the weekly bar might occur today.    I dont always expect much on a Sunday just for it to hold however Japan opens trading in about 9 hours I think which can bring on the mainstream volume to break our comfortable position.

65k is a trendline and 50 day average, if we lose that something greater can happen but recently the price action has just been self correcting itself to minimal movement.   The next correction is not especially on the horizon just yet.

After briefly dropping below $66k, I hope bitcoin can return to maintaining support at $66k when it recovers. The market has been very greedy lately, the fear and greed index shows that the behavior of traders in the market is bearish, but I hope this is only about today.

I certainly don't expect a big price drop this year, but it is possible next year especially if bitcoin has reached the peak of its bull run. I expect a big increase until the end of the year, but trading data and past market behavior in different months will have little influence on traders' interest.

Now Bitcoin's price range is back at $67K and I see no big price correction in recent days. But for people who want to buy for investment purposes, it is still not wrong for everyone to continue doing so at the current price because I myself am also still quite confident in the potential for Bitcoin to pass the price of $70K again this year. So moments like now still have to be paid attention to and also utilized well so that there is no feeling of regret when you see the price of Bitcoin which is much higher than now.

An investor must first set his goals. There are many who want to collect bitcoins but they take time to take decision. An investor must have a long-term plan when it comes to investing in Bitcoin. If he can profit from Bitcoin in the short term that is up to him. Every investor must keep in mind that Bitcoin is a volatile currency that can drop in value at any time after investing. Although this is a common occurrence in trading platforms, there are many who rely on price drops. Bitcoin price is currently in an upward trend which may correct at any time. Instead of panicking during this period, plan how to exploit the volatility to accumulate more assets. The price will correct and move upwards again.

No one knows when the correction is coming that is why we need to be always prepare for the possibility, because all we can do is just speculating but in reality no one knows when correction, bull or bear season etc., because if we know this all season were come we maybe become a millionaire already.

When dealing up with crypto investment then you should really be setting up your own goals whether you would really be going for long term or short term on which this is something that you would really be needing up
to consider on when to get out and when to get in but if you are someone whose going for long term aspect then any entry point wont really be that an issue. People would really be always loving on hunting with that significant correction on which we know that when it comes to this scenario then its something that cant be known. Now that we recently reach up 70k price point on which no one see this coming considering that we've been playing around 62-64 but here we are now on trying ot break its previous ATH on which its something that very interesting to see on where market would really be that going.

If ever you would be having those plans on DCA then better keep on saving up some fund for that because it would really be that so impossible that you wont really be able to see those corrections coming.
On the moment that it would happen then you do already have the money or funds that you could really be that make use of for DCA. Although not everyone would really be having that confidence on making
out such option on which there would really be those people who would really be that skeptical on making out such decision just because they are really that being too positive or bullish all the time
with Bitcoin but well you cant blame them though.

If we have done dca that month, and see a decline in the next few weeks, we should not force ourselves to buy again. Look again at your daily needs or sufficiency, if it is not sufficient, it would be better to do the DCA next month, we don't need to regret buying it again because we see the price has decreased. Indeed, sometimes dca makes us lose money if we buy at a higher price like now compared to last week. In my opinion, even though most people use this technique, dca makes us get the best average price in investing. Remember, if we want to get optimal benefits, we need a long time to get it.

Great that your hope is answered very quickly because I just checked the price and it was now on $66k something again. Didn't knew that market can be greedy too? All the times I thought it was only us people who are like that but it can be because it is in a bearish mood and we know that people can also FOMO during it.

Even though the months are still long this year, I think I'm still with you about that increase than the decrease because we haven't witnessed the potential of the halving yet but it's also possible for it to get delayed and will occur instead by next year or so. Traders use the market data, and their interests or actions can vary depending on what they see.

Yh, long term view in the market. I think DCAing approach isn't complicated. It gives us room to buy at every dip (market situation), every time we buy we are still in profit because it counter trade if am looking from your view of losses in DCA. One thing we should be aware is that we use Discretionary funds to invest which we also avoid exhaustion when investing. The goal should just be accumulating, and hold with a strategic plan driven with a target and also ensure re-investing this will shade us from unnecessary fret in the market.
Am not being too optimistic but Bitcoin have proven itself, the market is volatile and price fluctuate but we just need understand the value of Bitcoin.

What I can say to what you narrated is the fear of the investors and the lack of preparedness of the investors. Now, the lack of preparedness could be from many angles, and it could be by the scarcity of resources, the lack of a plan on what to do exactly and the lack of the right psychology towards the investment. I do not see prepared investors that will not strike at the right time and at the right price, especially if the market had just retraced which is the best we are all waiting for. Fine, the fear could be there, especially this time that Bitcoin has increased in price so well, but with the right guidance through real-time analysis, the investor should know the right time to strike the market bravely.

The avoidance of such unique bravery was the reason for the DCA approach in investments, so why again should the person still be afraid to commit his money to the investment? If it were to be trading, I would understand this quite well, but investment is safer even as the money you lose now can be gained back in the nearest possible future. This is not to mention that we are in the bullish season now and no matter the wrong one does in buying Bitcoin this season, the bullish bettors are still always right in the long run. Above all, anyone trying to use the DCA approach in Bitcoin investment should do it strictly, the investment pattern is straightforward and will always average the risk of any investors using it.

     Well, right now, there is another rally in Bitcoin. Of course, I'm monitoring him to see how far the manipulators, who are the whale investors, will take profit. And when I confirm that there will be another correction, I will also sell other crypto assets that I have.

     You know that when there is a rally in Bitcoin, the top altcoins in the market will also rally; that's just what happens in the game here in crypto trading.  Therefore, the correction will surely happen at the second time around this bull season that we are facing it now.

Corrections occur if the selling action from whales is high and if you want to follow and know, wait and follow developments in inflation data from the US on book rates. If it is positive, traders or investors usually make a decision whether to increase their load or sell it temporarily. if the news is unfavorable there will automatically be an increase in sales of ownership assets, in this case the BTC they hold.

Yes, there are so many times price goes down and that means people sell, when people are selling that is exactly the time to buy, that  is why fear/greed index is so important, usually greed part of it is not that great because when it goes up it says it is at greed but usually it can go up even more, because we go up insane levels. But the fear part is right, whenever people fear and sell that means that we are going to end up with a good situation so I end up buying, and that is almost always right.

The reality is that we are going to do fine, and shouldn't be worried about having anything else. I believe the best we can do could be something that would work out very well in the end, and shouldn't be something we worry at all.

to be fair if price has been soaring too high its probably time for correction thats why its not recommended to buy at peak but its also a good way to figure out whether there gonna be correction.
so there's certainly a way to figure out the correction but its not really sure way to figure out that though, the prediction can be a miss.
the market instead going up even higher then we lost opportunity to hold for even longer but if we still making profit i think we good.
for example current market price surge causing bitcoin to hit $71k then it went down again because correction is needed a pump that always continous can only happen when we truly in the biggest bullrun ever.
for now we are still in the early stages.

We do have that common line or saying;

"BE FEARFUL WHEN OTHERS ARE GREEDY, BE GREEDY WHEN OTHERS ARE FEARFUL"
This sounds pretty basic but this is something that cant really be that easily followed  by someone at the moment that the market would really be making out those kind of correction specially if its a deep or
something significant on which it could cause that extreme fear on which it would really be giving out that kind of feeling or emotion that you shouldnt really be making some entry because you would be thinking that the price might really be that going even more lower on which this is something a very common reaction to have. Same goes when the market is really that shooting up on which you would really be tending to wait for the peak price because you would really be loving on trying to hit the maximum profitability and this is why you would really be holding further.

We do know that opportunities on this market is a never ending one but doesnt mean that you would really be keeping on chasing up the best entry or exit because it would really be just that a waste
if you do keep on holding because of those kind of emotional hindrance but well these are really just that normal since we are just humans but doesnt mean that
we wont really be that making any step.

DCA will be difficult to implement if there are no reserve funds, if there are, we can easily arrange the adjustments. Investing is not just hoping that once you get a big profit, investing is about managing your money, how do we always get opportunities when prices drop. At the same time, that's fine, but when the opportunity comes that our reserve funds run out, maybe we can only watch without being able to do anything.

If based on history, we have not really entered the bullish season, we are in the pre-bullish phase but bitcoin can rebound at any time and the bullish season can come unexpectedly. Like how bitcoin reached a new ATH before the halving, so waiting for bitcoin to correct further to buy is not a wise idea and we will sometimes pay the price for it. Instead, we have the DCA strategy, why not use it, why risk waiting for a big correction without guarantees?

The bear season is over and the bull season is approaching, I believe there will be no more major and prolonged corrections, don't hesitate and buy whenever possible if you don't want to miss the train.

If you don't have a reserve fund and only a little money then investing is a mistake for you, of course you have to prioritize increasing income first before investing, because investment is a long-term deposit for people who have money, and in bitcoin of course you have to see that fluctuations are natural, therefore DCA is highly recommended.

Investment is the last step you can do when your needs are guaranteed, that's how performance should be for you so that you don't have a burden when there is a decline, regarding the OP's question, we will not be able to predict the market, but bitcoin has a tendency and has a bearish and bullish cycle, we can enter when bitcoin in the bear market should occur in Q3-Q4 2025, but who knows, maybe it will be different.