Correction has started?

[blckhawk]

We are seeing a new kind of correction something that will benefit the community and continue theiur trust once their are corrections, the market is quick to recover once there is a correction, correction is a good opportunity to buy more coins so many investors made profits from these corrections.

Indeed. I think having a correction now is much better because this will give an opportunity for newcomers or folks to procure more Bitcoins, by that way we will have more uprise coming. Besides, gladly the correction only made a subtle decrease so there's no reason for late holders to worry about it. Anyway, it seems Bitcoin is now getting back it again leaving a $31k mark at this point.

[Becky666]

It's long awaited as a correction that would give chance to those intending buyers that were left behind after it moved from the $28k. Sincerely i was very lucky to have seen this major correction that i believe to be the only dip correction that will usher bitcoin price towards $50k soon. This moments is always awesome becasue it's always my pleasure seeing myself updating my stashes....in bitcoin.

[thecodebear]

Bitcoin dumping so fast, it's very red now.

From $33k today, bitcoin has dump to $28k..

What's next for this, and what's the dip?  Love to hear your thoughts on what is happening now.

I thought history started to repeat as before in 2018 but fortunately the price managed to recover from the low to $32,000 range and still looks to be in green along with altcoins. No body can say what will happen and when this bullish season will end, let's hope for a longer one then it may get reflected on the crypto community investors/

You shouldn't be worried about a 2018 type bear market any time soon buddy. Bitcoin doesn't go up by 50% from the old peak and then have a long bear market. It goes up by hundreds of percent (minimum) before any long term drop is possible. At $30k this bull run is in its early stages. This should easily go over $100k this year. Worrying about a bear market now would be like worrying about a bear market in May 2017 at $2000, and then the price 10x'd after that.

People get wayyyy too worried. Every small drop isn't a year long crash haha. It literally dropped and sprung right back up in a single night. Come on now. That wasn't even a correction it was just a one-night bear trap. No reason to freak out over every little movement in the market. There is massive upside coming this year.

[JimboToronto]

The bear trap has snapped completely shut... back up over $34k and close to another ATH.

What we saw was a great opportunity (maybe the last?) to buy under $30k.

Pity anyone foolish enough to sell.

[kapalmabur]

The bear trap has snapped completely shut... back up over $34k and close to another ATH.

What we saw was a great opportunity (maybe the last?) to buy under $30k.

Pity anyone foolish enough to sell.

the correction is over and now Bitcoin shows a good increase again, yes break $ 34k again,
this is good because this week Bitcoin is really bullish, it looks like yesterday only your bear trap is true mate hehe,
people panic selling it, it's a shame.

[STT]

Theres no movement in dollar for me to think especially negative movement for BTC, its weak and easy money.   People will likely move on from speculating on BTC, I dont think its continually easy gains but theres no real hint of being negative for now just slowing down.




Its holding this weekly average, basic simple movement