Dump/Correction @ 10k

[greeklogos]

Like the title says what do you guys think ? Will there be a correction or profit taking at 10000$ ?
I think it will happen but the question is how much the market will fall ? 9K,8K,7k ?
Will you guys take the advantage of this fall to sell high and buy some btc at low price or just continue to hodl ?

Your thoughts  

People are saying bitcoin will cost 10k$ before the New Year and it is like a month stayed. But I really not sure about the correction, no doubt that the fall will follow, but when and how deep - for now I can't say. I would love to come true your "sell high and buy low", but I have saved so few for now that I doubt this strategy will bring me some good profit But this is usual traders model of behaviour on the market, which I definitely will try to manage even if the profit isn't going to be high 

[1714620335]

1714620335

[1714620335]

1714620335

[RavRider]

I think the dump will come before BTC hit the 10'000US Dollar. I say it will go down to 6000 and after that it will rise to 10k. And after that it will stay very safe at 10'000U$!

[Basmic]

Like the title says what do you guys think ? Will there be a correction or profit taking at 10000$ ?
I think it will happen but the question is how much the market will fall ? 9K,8K,7k ?
Will you guys take the advantage of this fall to sell high and buy some btc at low price or just continue to hodl ?

Your thoughts  

People are saying bitcoin will cost 10k$ before the New Year and it is like a month stayed. But I really not sure about the correction, no doubt that the fall will follow, but when and how deep - for now I can't say. I would love to come true your "sell high and buy low", but I have saved so few for now that I doubt this strategy will bring me some good profit But this is usual traders model of behaviour on the market, which I definitely will try to manage even if the profit isn't going to be high 

The strategy is correct but in order to use it you need to be able to do it. If it was easy everyone would be millionaires. To someone could earn I need someone to have lost the same number of coins. Perhaps you were in another statistics. I'm sorry. To merchandise need very long time to train on a demo account. But even this does not guarantee that you will be lucky.

[BitHodler]

worst case scenario it will fail a couple of times and delay it for a month or so.

If so, then people shouldn't directly see it as something negative. In most cases people lose faith in the market if it dips like 10-15% in a very short time, and that while this market has gone up like 300-400% already.

I am perfectly fine with the market consolidating properly before heading up further. If that means we'll have to wait a month or two before breaking through the $10,000 mark, then so be it.

People should use that as an opportunity to buy more coins at the same levels before we go up again. It's beyond insane if we look at how much growth we have gone through already, which is quite unlike Bitcoin.

[bitcoindusts]

Many investors looks $10,000 as their selling point, so definitely, when this price is achieved, many bitcoin holders that set that amount as selling price will sell their Bitcoin and that events will definitely trigger a dump and correction.  I just hope that when that thing happen, it won't dump hard making Bitcoin price to fall below $9,500.  After the dump correction will occur.

[Zuilhsa]

The price moves quickly to 10k in 1 or 2 months and there may occur a dump at 10k as it looks like a standard margin and many intent to sell their coins and after that it attains a slow growth and if it is the case it is good to buy some more coins when price dumps. It would be again profit when price increases again.