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Author Topic: Bitcoin correction is coming?  (Read 1689 times)
grexmebeen (OP)
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August 17, 2017, 04:16:14 PM
Last edit: August 18, 2017, 06:17:20 AM by grexmebeen
 #1

Tell me if you think a Bitcoin correction is coming or not this weekend (around 19th Aug). It could not pass 4500 USD after a small raise from the minor correction.
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Kronos21
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August 17, 2017, 04:22:06 PM
 #2

Even today I saw indicators of prices at the level of 4,515 USD. Think of correction this weekend will not. The price is pretty stable. Lower prices can only be expected as a result of actions of the whales, but it's not for long. They will pay off cheap coins and again raise the price.
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August 17, 2017, 04:22:29 PM
 #3

I think the price correction had got over. Upon that only the price went low to $4000 and once again the price had started to move towards the ATH. If the correction is not yet over,  then we might experience some fall in price but the same gets retained at certain time interval.
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August 17, 2017, 07:14:17 PM
 #4

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There seems to be a correction in the price of BTC, accompanied by a rise in BCH price. It seems like a large holder of bitcoins has dumped BTC in favour of BCH. Wonder how long this can last.
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August 17, 2017, 07:16:09 PM
 #5

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There seems to be a correction in the price of BTC, accompanied by a rise in BCH price. It seems like a large holder of bitcoins has dumped BTC in favour of BCH. Wonder how long this can last.

People are waking up to the fact that BSegwit is not Satoshi's Bitcoin they signed up for, BCash is.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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August 17, 2017, 07:35:17 PM
 #6

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.
It can easily pass $4500 and we might see a small correction before it will cross $5000 mark this month. By end of this year I think price will easily cross $5000 or even more. Bitcoin trading chart looks really bulish these days..
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August 17, 2017, 07:38:29 PM
 #7

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

I think so, it's very normal that after the rise there will be a correction. We may not see it this August 19 but maybe before the end of this month and it will be followed by a major pump again. Seems whales are just playing around Bitcoin and Bitcoin cash, there will be another good thing to happen in November, for sure.



 

 

 

 

 

 


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rarkenin
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August 17, 2017, 07:46:52 PM
 #8

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There seems to be a correction in the price of BTC, accompanied by a rise in BCH price. It seems like a large holder of bitcoins has dumped BTC in favour of BCH. Wonder how long this can last.
Specuation is root of all evil.. Large sell orders need liquidity on market.That's why big guys are looking for buy orders and they will continue to dump bitcoin till market fills their orders for best available price..
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August 17, 2017, 07:47:31 PM
 #9

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

There seems to be a correction in the price of BTC, accompanied by a rise in BCH price. It seems like a large holder of bitcoins has dumped BTC in favour of BCH. Wonder how long this can last.

People are waking up to the fact that BSegwit is not Satoshi's Bitcoin they signed up for, BCash is.

lol ... 99% does not give a damn about that and I'm sure of it.

Looking for investment tip? XBY OMG and ADX, thank me later Wink

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August 17, 2017, 07:53:23 PM
 #10

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

I really can't say since we are used to give only just a speculation or random guesses.

Anyways here's the thing, if ever correction price will happened now (honestly it should happened anytime by now and that is a normal sequence everytime we are in a massive price rally), bitcoin price will not dip much, for I can say the reasonable price would be $500 price decrease as minimum.

As of this posting, around $200 decreased is established from what's the peak earlier. Let's watch the progress.

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allohha
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August 17, 2017, 08:02:33 PM
 #11

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

I really can't say since we are used to give only just a speculation or random guesses.

Anyways here's the thing, if ever correction price will happened now (honestly it should happened anytime by now and that is a normal sequence everytime we are in a massive price rally), bitcoin price will not dip much, for I can say the reasonable price would be $500 price decrease as minimum.

As of this posting, around $200 decreased is established from what's the peak earlier. Let's watch the progress.
To be precise, then to date we see -250 or 300 dollars from the basic maximum amount on Bitcoin. Although the price always fluctuates that up then down. I hope that this weekend we will see another growth.
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August 17, 2017, 08:13:57 PM
 #12

I don't think so.
It is right after any large increase in price we except the price to decrease. But I think, this time it will not happen as the reason of price rise is different. The reason was not a just a emotional pump or manipulating by whales. The reason was that more investors is now attracted in bitcoin after panic selling finished in August 1 and people do not afraid of losing their money. Now the demand is so high.

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August 17, 2017, 08:42:49 PM
 #13

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

No one can predict when is the price correction. Generally during weekends you may see some people cashing it out but it doesn't make that the pattern can true always. I think the best option for you is to monitor the price so you can see if a minor correction is forthcoming. We just make educated guess that is why is very hard to predict the price movement currently. Well if bitcoin cannot pass $4500 today, there are still a lot of opportunity for it to reach this price again and even surge ahead to $5000. You need to be patience and hodl on your bitcoin and actually should accumulate more.









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August 17, 2017, 09:24:20 PM
 #14

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Ah, the weekly "is it time for a correction?" thread! Grin

Actually, I think there's a decent chance this time. Time and proportion wise, it definitely looks like we could have a complete Wave 3. And we have a nice double top rejection that could definitely catalyze a short term down trend to form support after all the recent volatility.

If so, I'm looking for $3800s, and possibly for $3400s if we get another leg down.

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August 17, 2017, 10:13:04 PM
 #15

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Maybe yes, maybe no. Who the hell know what will happen in the future? Regardless whether there will be a correction or not, just hold your Bitcoin. Corrections never last so long and after the correction, the price of Bitcoin will just go up again.
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August 17, 2017, 10:26:58 PM
 #16

There can be some correction, both from whales and from BCH camp, but it will be small dip. Price will eventually go up because there are too much people buying it now, there was a increasing of thousand of people subscribing to coinbase.

Nothing can stop bitcoin now. The only question is how to make use of the dips, how to predict them so that you can maximize your profit.
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August 17, 2017, 10:32:34 PM
 #17

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Maybe, but nobody knows for certain. Bitcoin price correction can always happen but in the current price, I do not think we will have a correction on August 19th. However, it is not bad to be prepared. Prepare some bucks for cashing in if the correction will happen. Whether there will be or none, just hold those Bitcoins.

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August 17, 2017, 11:05:34 PM
 #18

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

A correction will definitely come because the price is not just going to keep increasing. Bitcoin is still volatile and will have some wild swings up and down. It is currently in a upswing and the price has made a huge increase in the last week.

At some point the price will have to correct some but it will still rise after a consolidation. Over time the price will continue to rise but it will probably be more gradual.
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August 17, 2017, 11:12:34 PM
 #19

Tell me if you think a Bitcoin correction is coming or not this weekend (19th Aug). It could not pass 4500 USD after a small raise from the minor correction.

Maybe yes, maybe no. Who the hell know what will happen in the future? Regardless whether there will be a correction or not, just hold your Bitcoin. Corrections never last so long and after the correction, the price of Bitcoin will just go up again.

I don’t really matter what may happen to that speculations about correction, and all wanted to say is I am positive that what is happening right now is because of people’s trust and great demand of bitcoin. Maybe that corrections that most speculators were saying is already happening and we might not recognize it due to btc price is rising every now and then at any moment of time. Price will become unstoppable and nothing can stop it even any forks or other negative ideas may threaten it. Price will become successfully progressive of it’s journey.
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August 17, 2017, 11:59:29 PM
 #20

It will only happen a correction if Bitcoin price passes another milestone. Probably 5k.
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