Bitcoin Forum

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  ::) ::) ::) ::)

Who knows but my opinion is, no more possibilities of correction base on the news I heard before of the correction it was good and basing on the little bird I know any time this December a drop out will happen, a value drop. So I think that the 20 000 increase rate this past weeks is know being recovered by the 16k.

I mean was if my shop was having a sale a big sale and later on I got clothes that have an price of a diamond which people like, so me as a owner of the shop I got the money that I lost from the big sale I made.

I think that this big correction was to be anticipated after that huge increase in the last few weeks. Bitcoin needs to find a new stabilization level. On the other side more and more people are getting interested in cryptocoins, so it could very well start climbing a bit.

And people probably need money for the holidays :)

If you ask me, there is always such a possibility. Bitcoin still is as volatile as ever, so we could expect major corrections up to 30-40% in the future all over again. It is just a matter of time and patience if you are looking into buying cheap coins.

There is always a possibility of correction. I think another major correction in the near future is unlikely and I expect a gradual rise to about $20k with minor corrections (like 15-20%), but I may be wrong. Nobody can predict the price.

BTC is following the classic bubble pattern, I expect it might jump to max $17 500-$18 000, after that we will have a sharp fall to $12 000 zone, price will fluctuate a couple of days and after that sharp decline to 8 000. Longterm target price in 1 year is $4000.

I think we can get another correction if we attain again another new All time high again, but for now let's just savor the pump because we can see that the price is going to make the $20,000 value this time and the impending Fork that will be tomorrow will be the resistance we can see that is affecting the bullish movement of bitcoin, but I guess that kind of movement will be on January and not in December.

no there is no correction left to happen.

now there are only fluctuations before the next phase begins. right now the price is testing the upper resistance to see if it can be broken. if there were enough demand and less panic sellers the price will break out and rises up leading to the start of next phase.

if it  can't break the resistance and there were still panic sellers and those who think of this as a bull trap, then price will come down (it won't be a correction) a little and then tests it again and again until it breaks out and rises again.

True.. It's best to keep an eye on the resistance, if you want, you can sell some when it reaches that point.

I think I am more comfortable with corrections. I am bit worried about the TESTING part of breaking the upper  resistance of bitcoin. I am thinking about what if it fails then a sudden crash happens. No assurance of sure stability or sustained value for everyone.
With such events, I think it will decline investors because it will not be good for businesses. Less trust and less people will be attracted because they will be scared too. Noobs without knowldege are at high risks of losing their own capital here.

As of now, no. There are no indications of an upcoming correction like the one we saw a few days ago, there's been a sustancial support in the 15k-16k range (with a little resistance in the high 16k), and I think the price is going to consolidate in those numbers for a little while before going up again. But you can't never be sure, just keep an eye on the charts.

The price is pretty stable right now, well, it touched more than $17,100 last night, i dont think that there is going to be another big correction just like it happened before, maybe another dip, but not another correction

Classic bubble pattern based on traditional market logic. We all know that Bitcoin isn't part of that, and likely never will be, which is exactly why all the clownish experts have been wrong all the time with their predictions. Bitcoin was forming a bubble when it reached $1000 again last year according to people, and look where we stand right now.  ::)

If so, then better sell off everything you have right now, and wait till that time to enter. In the meanwhile, you can use the future markets to short Bitcoin, which in case your prediction becomes reality, will make you a lot of money. I like how people are now able to short Bitcoin, because all these skeptics can now back up their nonsense predictions with shorting Bitcoin. ;D

I think for now we will see continue's increase until end of this year. The possibility of bitcoin price correction  can be happen maybe this following month.. but as i can seen i think we will see huge increase first before we will see the price correction in bitcoin since bitcoin is volatile no one could know when another price correction for bitcoin..

There is always a possibility of another correction of bitcoin because of the volatility that happens daily. But lately the correction has passed already maybe we can see of a little bit fall of the price then it will continue to rise.

I think we are already passing through correction period which is very soon expected to be ended. Although the price is now becoming stable but still the price has not yet got the accelerator. Hope that very soon bitcoin will start boosting again because still people interest in bitcoin is increasing. I think still the investors have chances to invest money in bitcoin because we are expecting that they will see the price of bitcoin trading in such a low price.

If there's a trend reversal, we will see the price go down the hill with a number of lower highs and lower lows. We seem to have already made a pair of these lowers, and if we go substantially below $11,000, that will make another lower low, and thus the downtrend will be confirmed.

Another hardfork happen yesterday without mush bitcoin's price fluctuations and volatility. Bitcoin has not been doing too bad after the last hardfork and  I was thinking that this 28-12-2017 should push bitcoin price towards  $17,000 but it was trip within  $15,659 and around  $13,000. I am hoping that bitcoin might have a serious corrections some days to come .

The possibility of another correction is indeed not low.
In my opinion, it's really 50/50 at the point around $14K.
I guess we need to look at how whales would act after new year holiday.

Every time bitcoin reaches its All Time High there is always a price correction in it. So when you are asking a possibilities about it, there is always a possibilities for it but we never know when it will happen and how dip will the correction will go on. One thing that I am sure about it was every correction for the price, there is always a big news that is bad that will really affect the price of bitcoin.

The market correction for bitcoin and altcoins is mandatory the only problem is no one knows exactly when the correction is coming. People may just woke up in the morning and realize they are experiencing a correction in the market. Correction normally happen in every 3-4 months period (but that's unofficial).  

I see the possibility that could happen. We are now reaching to a good level, for some time there has been a significant price increase. Just imagine when the price of Bitcoin can reach an increase of hundreds percent then it is a remarkable thing and when it happens then a significant price reduction can happen. We all see that this is the hallmark of Bitcoin, Bitcoin has a high price volatility. We can see the price rising in a short time and we can also see a significant price decline within minutes, It is all the real thing and we all roles experienced it.

I think there were no corrections have been made. All that happened because of the Bitcoin's sheer luck and charisma over the people and some bystanders are using it now.

This your predictions actually come to pass as bitcoin get a retracemrnt and tested $12,000 resistance area as at 31/12/2027. I don't think bitcoin will ever be going up or pulling back but we would be having little corrections along the way.i just believe that very soon we would resume another upwards momentum and this may push bitcoin price above  $25,000.

Possibility??? It's GUARANTEED to have many many many corrections. If you can't handle the heat, get out of kitchen!!!

Correction is now over mate prices are now crawling slowly to recovery and now people are investing more in bitcoin to see 2018 with great profit and crypto analysts are saying that 2018 will be good for everyone and now there will be no more correction because prices are right on aim and I don’t think prices will come more down this correction already has given people chance to buy and I someone still missed he will regret.

The uniqueness of bitcoin is of course from the bitcoin price volatility itself, bitcoin prices can rise at high levels but if down can go down quickly, but it is widely used by short-term traders to be able to earn profits in a short time. I think the correction of bitcoin will certainly exist because bitcoin always has a significant price increase.

Do not worry about such a small thing, the price is going to move that is natural, keep holding that is the only thing you can do, if you try to time the market and you do not know how to do it then you are going to lose money, it is better to not risk it then to make a dumb move and  lose money.

Corrections tend to be happening often after bitcoin hits new averages , otherwise , it's a normal fluctuation which seems to be the natural bitcoin price structure

With price fluctuations happening each and every time there will be at least a small price correction, but we people were not aware about the same. When the correction takes place in a large scale we know it, because the price drops and the stabilization will be massive. So, can expect price correction quite often depending on the growth.

Correction always happened and i think its normal and it will make a new adjustment of price after, but about that correction its to hard to predict what i mean we have no idea what will happen after, if it will make a new record valued.  .or it will fall dip,  and also because of the fluctuation of bitcoin price some of people here in crypto world called that circumstances as a correction , so i guess its always happened time on time when bitcoin fluctuated.

Anything that brings about the volaitilty in the price of bitcoin, is a possibility and there nothing anyone can do to stop it. Is just like asking if bitcoin will rise or fall again. Of course this will happen and the duration can be nearer than we thought if some factors work for or against bitcoin depending on the reaction of the market participants. Its an open possibility to be prepared for because those that the people that would make the best out of it.

As far as I'm willing for that to be the case, we may be still far from the correction being over. What we had seen in late December looked more like a dead cat's bounce rather than a correction winding down before the rise. Indeed, there is huge support thanks to hordes of new Bitcoin buyers overrunning exchanges, but it would still take a huge momentum to break beyond the recent highs of $20,000.

I guess the price correction is already in the process and Bitcoin price is at a stable state right now from 14k to 15k and back and forth, no signs of a bull run yet but soon it will. We're going to experience a new ATH as the price of Bitcoin will continue to rise every year.

I believe that you have foresee this and that is what is happening now that we have see a correction back to $12,000. We may see a further pull back to $11,500 before another bullish trends that will push forward and break the  formal December high. If the current bitcoin adoption is full implemented we may see bitcoin above $40,000 before August 2018. Bitcoin is not going to died as other people have been speculating.