huge crypto market correction incoming

[FoxTheHuman]

The market with its huge hat is increasing but only 30-40% is money from the remaining traders, the whale owners and the developer of the altcoin project to boost its value in the market.

[Casey7]

In my thought i know correction is coming but not big correction.
So i am  ot so worry about the market. Correction is normal bit since the marketcap getting higher too it will make the correction also not so deep. Just thought of newbie.

[BossMacko]

What if the correction already happened when we all experienced the flash crash where btc fell over 24% in about 4 hours. market correction will happened unannounced yes? I think the correction already happened because no one can still explain what happened that day to Bitcoin. It could be a mass dump or it could also be the market correction that everyone is talking about,just my thought.

[davinchi]

From the rapid increasing of bitcoin value, I think there will be corrections that will happen, this is necessary so the sustainability of the market will last long. But I don't think it will be huge decrease, there is no need for us to be worried about this. Bitcoin is a strong community and a lot of people have been patronizing it and this will help for the stability of btc.

This is not the first time I’m seeing someone say this kind of thing about Bitcoin price correction. Last time was a well known economists who talked about Bitcoin and said that it’s bubble, and that very soon it will burst and drop to a very low rate. Another time was someone on this forum talking about how Bitcoin was being increased as an effect of the big whales Investing on it.

He said very soon they might withdraw their profit and this may lead to a huge crash that will take place suddenly. But let’s keep watching, if that does happen, I will just see it as an opportunity for buying-in.

[SashaAbraham]

Does this current bullish cycle not worry anyone?
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.

https://gyazo.com/d0acc37f197a677ac4752650c7e94e77

https://gyazo.com/d0acc37f197a677ac4752650c7e94e77

Man, I comletely agree with you! You are absolutely right. That growth that we see now is not healthy. It is something outstanding. Unnatural. It is all because of that awful histeria from massmedia. Correction must occur!

[upsidedown75]

Does this current bullish cycle not worry anyone?
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.



https://gyazo.com/d0acc37f197a677ac4752650c7e94e77

And why we should be worried, corrections are a natural thing to happen in a market, if the price goes down I do not have a problem with that, the only ones with a problem are those that bought at the top and are going to lose money because of it but for the rest of the people in bitcoin that are holding for the long term do not care if there are corrections since they will probably still be on profit no matter how big is the correction.

Yes, this is not the first time corrections are going to happen and it is not like they are not a normal thing in the market. We cannot just keep expecting a huge bull run to keep going on and on and not see some little bearish trend in the middle of it. As far as I am concerned, if the price drops, I will just see it as a chance to even buy more as that is most definitely going to be some good profit when it starts getting back up.

[Isaak Bitcoin]

I think that this is the usual speculation of very large players. Manipulating large sums of money, they raise the cost of bitcoin, and then sell it on top. After that, buy at a low cost. But how to guess when they will start selling?

[amishmanish]

The signals for BTC adoption and growth have been really strong lately. The fundamentals that economists talk about are only getting stronger. The apprehension that some kind of Mega players are moving the market also seem to be unfounded at the market cap of ~250 Billion.

Only thing that the mega players may possibly be doing is to move the market to accumulate more as well as rake in the profits from day-trading. Its highly unlikely that some particular entities are going to move the price now.

The only entities that are going to be able to control it now are the core developers and Bitcoin billionaires. And why would they ever dump them?
In my opinion, the adage that any entry point is a good entry point remains true for BTC.

[cryptojac17]

The signals for BTC adoption and growth have been really strong lately. The fundamentals that economists talk about are only getting stronger. The apprehension that some kind of Mega players are moving the market also seem to be unfounded at the market cap of ~250 Billion.

Only thing that the mega players may possibly be doing is to move the market to accumulate more as well as rake in the profits from day-trading. Its highly unlikely that some particular entities are going to move the price now.

The only entities that are going to be able to control it now are the core developers and Bitcoin billionaires. And why would they ever dump them?
In my opinion, the adage that any entry point is a good entry point remains true for BTC.

The sky rocketing price  of BTC  is the results of billionaires investors to hold much BTC in order pump much as expected my fear if there is a sudden drop of price are they prepared for a panic dumping, because in this scenario now it seems that the price is unbearable that only those big investor can afford
hopefully that in some points the price would go roller coaster ride for us to have a chance to buy in a cheaper price.

[Vishnu.Reang]

You are absolutely right!!! Bitcoin is soon going to be corrected and it may result in a huge crash. Now the question is when will the correction happen and how much it will crash to?? As of now Bitcoin is the new hot guy in the block and everyone is trying to ride on the fame train! But only time will tell what will eventually happen as is usually the case, a lot of people are in it without knowing the pros and cons of the system fully.

[mrjoy15]

Bitcoin might be going back to 12K, I'm waiting around 10k and ready to add more in my portfolio. Can't handle this quick charge to $15k without a considerable pullback. Thus, No one  really knows, when it happens.
 

[longyenthanh]

Correction must happen. The price of bitcoin is high and grows very fast. Only how big it will be the correction probably no one knows.

[bitgolden]

That's treu and most of the crypto investors are aware of it. The market is reacting positively because of the positive adoption news coming from every corner of the globe. CME group is about to start their crypto futures contract shortly and many traders and speculators are betting high on it. So we all know that a correction is imminent. But we are also sure that it won't be long before the market bounds back. A little correction is needed to take the next leap and also it will give us another golden chance to score some more bitcoins at a cheaper price. The entire market is running high on positivity so the correction will only be a very temporary phase.

This is on point. Correction always happen on any type of market but with more people investing in bitcoin, price correction will surely be temporary. Just hold your bitcoin because 2018 will be another great year for bitcoin holders.

It is really going to be temporary. Recently when we were climbing up before the $20,000, we had some little correction and that was when I knew a lot of new hands are stepping into the market and it is going to definitely be a huge bull run. Stuffs like these are normal and it has happened several times, the thing is that no one can really predict what can ever happen to bitcoin but for now, correction is certain and it should be expected later on.

[XCANA]

In as much there are more adoption of Bitcoin globally there may not be any serious correction in the coming days or months because so many people who are currently holding Bitcoin believe that it has not reach their take profit level at the moment and that makes them to keep on holding while making it difficult for people to get, and as we all know scarcity create value.

[nydiacaskey01]

This is going to be huge since we have seen an increase of $2,500 in a single day. I am planning to convert to USDT to keep the dollar amount in anticipation of the correction or pull back but I was advised not to turn my BTC to USDT for now. I exit all my alts earlier when BTC hit $13,000 USD but in Twitter you will see comments that $20,000 is the target for BTC this month.

[TTITA]

Does this current bullish cycle not worry anyone?
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.



https://gyazo.com/d0acc37f197a677ac4752650c7e94e77

The analysis you describe is a situation where demand increases sharply in a short time. Actually it is not a problem in business role, such as you are investing in commodity or real estate stock, when the stock products you're invest become a trend, many are interested in joining and you gain multiple benefits. Will you be worried later this will going be bad? of course not.
As long as the market is not manipulated then the existing demand shows the real investor interest, so long as the situation is still within safe limits.

[bohr]

You are absolutely right!!! Bitcoin is soon going to be corrected and it may result in a huge crash. Now the question is when will the correction happen and how much it will crash to?? As of now Bitcoin is the new hot guy in the block and everyone is trying to ride on the fame train! But only time will tell what will eventually happen as is usually the case, a lot of people are in it without knowing the pros and cons of the system fully.

A correction is different from a crash, the price suffered a correction and yet it is still above 16k it may go down even more but that was to be expected, I'm not worried, bitcoin could crash to 2000 and I will still be OK with that, those that bought at the top however will be in big trouble if they still held to that point, but I doubt we are going to see such a huge crash.

[shesheboy]

You are absolutely right!!! Bitcoin is soon going to be corrected and it may result in a huge crash. Now the question is when will the correction happen and how much it will crash to?? As of now Bitcoin is the new hot guy in the block and everyone is trying to ride on the fame train! But only time will tell what will eventually happen as is usually the case, a lot of people are in it without knowing the pros and cons of the system fully.

A correction is different from a crash, the price suffered a correction and yet it is still above 16k it may go down even more but that was to be expected, I'm not worried, bitcoin could crash to 2000 and I will still be OK with that, those that bought at the top however will be in big trouble if they still held to that point, but I doubt we are going to see such a huge crash.

sure crash and correction are both different because as far as i know crash is a huge price drop for bitcoin (i.e 60 percent) and correction is only just a small decrease (e.g 20 to 30 percent) . bitcoin has been experiencing a short and temporary correction lately and its not verry sever because it only last for just a matter of short time unlike to the past years and months which i say bitcoin really suffered that much and as far as i remeber bitcoin also goes from a huge crash that time and took for about two to three weeks if im not mistaken but then again bitcoin has still recovered and now im not really worried about that because we can still expext that bitcoin will always be fine.

[MkGregor]

Sometimes markets turn bloody. And that is the time, when you have to buy. Even if the markets are red with your own blood...

[Golftech]

Sometimes markets turn bloody. And that is the time, when you have to buy. Even if the markets are red with your own blood...

Risk takers most of the time take a better profits, those who are ready to take part of the bloody movements are also gaining after the bounce back,
its better to analyze your self because its really hard seeing hard downfall approaching in front of you, always think that its normal inside crypto
industry.