Long awaited Bitcoin correction(+)

[einsteineer]

I'm totally agree with your opinion, Bitcoin coin easily reach to 25-28k in new year.

[1715238119]

1715238119

[removebeforeflight]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

Bitcoin is already in the process of correction and as you said it won't drop in the range 8-12, however I'm expecting the correction would happen in the range 10-14. Post this correction we can expect a double top and that would be constant for some days or weeks since this correction would make Bitcoin sustain for a longer period with double top.

Once Bitcoin achieves its target of 25-28 (Doubt whether this would happen before this new year) all the altcoins also would meet their target I believe. Lets wait and see the show.

[qiman]

I think that Bitcoin can reach a new all time high maybe in the early spring of 2018 as it will take more confidence and also a new set of capitalization for it to go up again past 20k USD. Many of the big whales and institutions have taken their profits so it will take time to lure new crowds of people in in order to pump the markets very high again and for the BITCOIN marketcap to go up 70% from here. Time will tell but I see Bitcoin going up if it does to a new ATH around March 2018.

[Ranly123]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

As of now it is impossible for bitcoin to reach 25-28 this year as it really drops 20-30% this month. But hopefully by 2018 it will reach that range and investors will come to make that happen.

[eaLiTy]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?

The correction started after touching $20000 and now we are having a good correction where i was waiting for a  very long time and i am not sure how long we will be having these sort of bear market but one thing is certain we wont be touching the target you mentioned anytime soon before new year ,we might stabilize for a while and then we might have another rally after some time and not anytime soon because there are other things to settle with higher transaction fees and network delays.

[Rooster101]

This bitcoin deep correction may last through year end then will bounce back again if there's no upcoming events that might affect it. There are corrections of bitcoin that happened in the past years and many of them are short lived. Despite of this major correction, bitcoin price can still rally in the short term.

[pikebu]

This bitcoin deep correction may last through year end then will bounce back again if there's no upcoming events that might affect it. There are corrections of bitcoin that happened in the past years and many of them are short lived. Despite of this major correction, bitcoin price can still rally in the short term.

Yes and the correction of bitcoin's price always be followed by almost all of the alternative coins, so today is good time to buy the alternative coins, we can take the profit for short term investment or middle term investment in trading altcoins, because the price of alternative coins will bounce back again or maybe will be more expensive than highest level right now, but it is just my personal prediction of the price can be true and also can be wrong, so for the traders always use the analysis technical and fundamental before entry the markets.

[Dheo]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

As of now it is impossible for bitcoin to reach 25-28 this year as it really drops 20-30% this month. But hopefully by 2018 it will reach that range and investors will come to make that happen.

Well for sure this is gonna happen for next year, i am waiting for that but since the price will drop now this is my chance to buy bitcoin to have a profit next year.

[BigBossUSA]

I'm totally agree with your opinion, Bitcoin coin easily reach to 25-28k in new year.

Probably not by new year, by March seems more possible. The correction was quite large, way bigger than expected.

[trickyriky]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

Bitcoin correction has been asked many times by people here on forum and most of us believe that the price of it will keep on aiming high but some believes that it will drop soon and turn to 12k-13k. Indeed, I am expecting for bitcoin correction but it really does hurt to those people who are looking for high profit especially to those people who invested a big amount. If the price of bitcoin keeps on increasing then those people who hold their bitcoin will be so proud.

The price dropped to almost 11,000, now the price is 15,000. The price of bitcoin will rise to 20,000 again. I will buy little by little.

[PrinceCaspian]

The price of bitcoin might reach down to $10000 to $8000 price mark and i am waiting for this because this is the best time to get into bitcoin for the late bloomers because bitcoin is really on sale and because of the dump the people are going into the panic selling that gives hope to the people who want to buy bitcoin at the cheaper rate.

[xelaxin]

I also told a lot of people that the best time to invest was yesterday. And as always people will not listen to me and they will regret it and buy later at a high price. I am going to give my crypto gains from this past few weeks for my family as a gift for christmas

It works, just because we was in the long therm up-trend all-time from Btc created. The was no real correction till present. Just stairway to heaven)
Now, the things are changed, alt. coins started to settle in the minds of mankind, and money flow now will be more winding than just before, when Btc was main and biggest entry point to cryptomarket

[qiwoman2]

Well the market for BITCOIN IS TOTALLY BEARISH at the moment and I would not be surprised if we see a crash like 2013 and retrace all the way down to around 2-3k USD. That is the worse case scenario but otherwise we may see a bull run to around 25k after the new year then another retrace back down to around 17k usd. ONLY THE BIG WHALES know this as they prepare to make or break us. Also we have the Chris Verge and JIHAN WU crowd who have waged their war on Bitcoin and want to make Bitcoin cash king.

[Etemind]

Well the market for BITCOIN IS TOTALLY BEARISH at the moment and I would not be surprised if we see a crash like 2013 and retrace all the way down to around 2-3k USD. That is the worse case scenario but otherwise we may see a bull run to around 25k after the new year then another retrace back down to around 17k usd. ONLY THE BIG WHALES know this as they prepare to make or break us. Also we have the Chris Verge and JIHAN WU crowd who have waged their war on Bitcoin and want to make Bitcoin cash king.

I agree with you here and its playing around the 11,000 to $12,000 range and slightly going up. This is maybe due to holiday profit taking and possibly it will continue until the year ends. I hope we can start an bright new year from now on.

[xelaxin]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

As of now it is impossible for bitcoin to reach 25-28 this year as it really drops 20-30% this month. But hopefully by 2018 it will reach that range and investors will come to make that happen.

I meant that before the new year there will be a purchases of btc, when the price becomes suitable, but you know, volatility of a coins can made and this scenario possible)

[Rodeo02]

The price of bitcoin might reach down to $10000 to $8000 price mark and i am waiting for this because this is the best time to get into bitcoin for the late bloomers because bitcoin is really on sale and because of the dump the people are going into the panic selling that gives hope to the people who want to buy bitcoin at the cheaper rate.

the way on how does bitcoin dump are rely on the holders and also on the season of it cause i see that everytime that there is some occasion the price of bitcoin are might downfall a little bit so we see as of now that bitcoin are pretty dump but i think that it may recover soon even there is a dump only few people are not taking panic here.

[amat11025]

I think it almost reach lowest ,end of Jan it will reach the highest again

[orka39]

I think that Bitcoin can reach a new all time high maybe in the early spring of 2018 as it will take more confidence and also a new set of capitalization for it to go up again past 20k USD. Many of the big whales and institutions have taken their profits so it will take time to lure new crowds of people in in order to pump the markets very high again and for the BITCOIN marketcap to go up 70% from here. Time will tell but I see Bitcoin going up if it does to a new ATH around March 2018.

Looking in bitcoiners confidence to hold as long as possible, the price can grow up next year.
$20k is very close to reach that goal. Lets see what happen next year.

[xelaxin]

Looking in bitcoiners confidence to hold as long as possible, the price can grow up next year.
$20k is very close to reach that goal. Lets see what happen next year.

as we know, the main rule of the owner of money is the reduction and control over risks, one of the ways to achieve this is diversification of the portfolio of crypto-currencies. The best tactic for the current time for large crypto-holders is when a third of everything is in the fiat(divide to three - usd,eur, and one that you use daily) money keep on bank deposit, 30-40 percent in Btc, and the remainings is in the altcoins and tokens by the own opinion
it will hedge whole capital, and make it more sustainable to volatility

[Koadharber]

The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

As of now it is impossible for bitcoin to reach 25-28 this year as it really drops 20-30% this month. But hopefully by 2018 it will reach that range and investors will come to make that happen.

I meant that before the new year there will be a purchases of btc, when the price becomes suitable, but you know, volatility of a coins can made and this scenario possible)

Talking about on the possible lowest price for this year cant be known since we do know how volatile is the price of bitcoin but regarding on accumulating it before the year end isnt really a bad idea though but in my case i would wait for a little longer on what would be the reaction of price in the new entry of year 2018. If i do see some potential on increasing then accumulating phase would begin and add up on my folio. Its just a matter mix of intuition and instincts.