✅Healthy correction will always give you Healthy Bull run.

[nelson4lov]

I don’t think there is a “healthy” price correction and “healthy” bull run.
~Snipped ~

I think what OP was trying to say is that, without a correction like the one we have right now, we won't see a healthy bull run. Not like the one we had way back in 2017. That was quite parabolic. Prices moved up so fast  till $20K and went down 2x faster. That's not a healthy market. Ideally, markets should grow and then make retracements on the way up. Price should move in a zigzag-like pattern.

While everyone is expecting the CME gap between 9600 - 9800 to get filled before we get a relief rally, We can't be too sure that the support at 9500 will hold as they do break. Also, I've noticed, markets usually take a nose-dive towards the end of the year.

[Shasha80]

The market now is quite scary, the price of Bitcoin which continues to fall makes some investors panic.
Here we are mentally tested, whether we can survive by continuing to hold our Bitcoin. I also really hope
the Bitcoin price doesn't drop below $ 10,100. Hopefully the correction happened to Bitcoin, won't last long
and the Bitcoin price can go up again.

[bitgolden]

Healthy correction and a big drop are different things. We can't say this is a big drop or it is a healthy correction, maybe it is one or the other who knows.

However we can totally say that this is just a bigger one than expected, nobody expected bitcoin prices to move from $11.8k levels just like 10 days? or so ago to now almost under $10k, which is really a huge change and it could very well mean that it is not a correction but a bear run, not guarantees it but definitely is around those levels.

This means at the end of the day we are talking about not a good return neither, if it is not a correction that means the return of bull may not be easy neither, and that is scary to think about too. I am not entirely sure what is required to name them correction or bear, but the future will make it clear.

[palle11]

🎯Expecting market will not close below $10100, before end of the week.

How did you say so? If anything, $8000 level prices aren't really that unlikely(though I'm definitely not saying it will drop down that low, because no one knows). Significantly bigger levels of price drops(15% or more) aren't really new, and definitely not out of the ordinary.

The waves could still blow down to that $8,000 area except there is a huge impact made on cryptocurrency for a reversal to show up. The market is catching on the bear trend and trend is still on.

[jackg]

Healthy correction and a big drop are different things. We can't say this is a big drop or it is a healthy correction, maybe it is one or the other who knows.

However we can totally say that this is just a bigger one than expected, nobody expected bitcoin prices to move from $11.8k levels just like 10 days?

I think we clocked $12k before it started rallying down hard, I remember being online and in one refresh of a chart we'd dropped from $12k to $11.34k in what seemed like a small amount of time.

The rise in price also wasn't that healthy if we're sauying this drop isn't healthy. It looks like it was a fast move.

How did you say so? If anything, $8000 level prices aren't really that unlikely(though I'm definitely not saying it will drop down that low, because no one knows). Significantly bigger levels of price drops(15% or more) aren't really new, and definitely not out of the ordinary.

The waves could still blow down to that $8,000 area except there is a huge impact made on cryptocurrency for a reversal to show up. The market is catching on the bear trend and trend is still on.

From memory: I thought $1000 is psychologically significant and then: $9400, $8800, $7500 or the areas around those, I don't think a drop to $8k will stay there and it will keep going a bit further. $7.5k could be a problematic drop but as long as we stay above $6k it might not effect much.

I could see us being healthy if we bounce of anywhere between here and $~8.4k (overcorrecting for the 8.6-8.8k levels).

[Vispilio]

I presume a new ATH is high probability for Bitcoin and this might happen soon, like within a year...

However an exponential rise like the ones seen in previous periods is not a foregone conclusion, and it's plausible that Bitcoin might see a slow and steady gain in price instead

similar to that of Gold because also like gold, I see "robustness" as the primary distinguishing factor between Bitcoin and all the other cryptocurrencies.