Bitcoin correction

[btc2mars]

I really wish it could go back to $10K beacuse I want to buy loads more!!!!

[Dodoymabs]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Yes it is possible that bitcoin will experience being crash. Not all the time bitcoin's price will increase. Bitcoin also experience ups and downs just like in investing, you will not always be successful, sometimes you may lose a lot of money. But if bitcoin' price will crash, i think it will not crash too much and it will make sure to do everything to get back on track. Many people are hoping for the price of bitcoin to continuously increase. Some people will eventually quit when bitcoin experience crash which is wrong because crash is inevitable not only in bitcoin but also to all other cryptocurrencies.

Bitcoins behavior is really unpredictable causing a lot of panic of buying and selling. Last 3 months btc price was only at $5k-6k and by this month its price is almost 4x. So I think as of this current day, I heard about its correction that btc will have a normal behavior. But I think it will still go to increase.

[timerland]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Crash back to $10k could be possible although i don't think it's going to happen right now or in the near future. Only going to happen when the bubble is fully done and tehre are 100% no more rallies coming up will the price retrace back to $10k.

It's quite difficult when that will happen or the magnitude of it.

This could be going on for years for all we know, but it is not sustainable. Right now people aren't actually scared that it'll crash, they're too focused on the profits ahead to be scared, meaning that price will most likely go up in the near future still.

[Master1781]

https://www.profitconfidential.com/cryptocurrency/bitcoin/will-bitcoin-btc-crash-2018/

I must remind my readers that I’m an analyst and not an astrologist, nor do I have prophetic powers to predict the future. I can, however, look at the technicals or fundamentals and tell you where I see prices moving.

Fundamentally speaking, Bitcoin is gaining strong ground internationally. Governments around the world are showing interest in legalizing or regularizing this digital form of payments.

Countless businesses around the world are now accepting payments in the form of bitcoins. People are transacting with each other using this decentralized medium of exchange. Bitcoin financial products and services like debit cards and ATMs are functional across the globe.

Above all, we just got the first-ever Bitcoin futures–a government-regulated financial derivative of Bitcoin which recognizes it as a legitimate asset class.

In short, there is real demand for this cryptocurrency out there, which bypasses the “sheep.” So even if some nervous investors begin to jump ship in the event of a downtrend, Bitcoin will likely still remain worthwhile.

I’m not hesitant to say that a Bitcoin bubble may be in the making and Bitcoin prices may be heading for a major correction in 2018. However, I do not foresee a Bitcoin crash in 2018 just yet.

[Denker]

I really wish it could go back to $10K beacuse I want to buy loads more!!!!

Sorry bro! Wall Street is gonna pump it even higher.
Wouldn't be surprised to see a top of 25k-30k before seing some significant correction.
Then you maybe will be able to get a chance of buying around $10k or a bit lower, who knows.
So I think you gonna have to have some more patience before you'll get your chance.

[YuginKadoya]

I really wish it could go back to $10K beacuse I want to buy loads more!!!!

Sorry bro! Wall Street is gonna pump it even higher.
Wouldn't be surprised to see a top of 25k-30k before seing some significant correction.
Then you maybe will be able to get a chance of buying around $10k or a bit lower, who knows.
So I think you gonna have to have some more patience before you'll get your chance.

It can sure make another bullish trend in the following year, even thought there are people speculating that we might get a correction after the price surge up high, but yes whales would not allow the price to back down for now they will keep it pumping until they are satisfied with the value they want,

[Lykslyks]

The new investors and new holders of bitcoin are the ones who will fear the correction of bitcoin (in case there will be a correction) because it will be their first time encountering correction in bitcoins price. Some of us knew and got used to this so of course there's still many of us will still hold our coins because we knew that it's an opportunity for us to buy and hold more coins and after the correction the price of it will pump up again.

[CrowdFunder]

I really wish it could go back to $10K beacuse I want to buy loads more!!!!

Me too, a drop in the value of bitcoin would be great for accumulators such as us. I think it really needs to drop further than $10k though, 5k would be an ideal buy price.

[nl247]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Yes it is possible that bitcoin will experience being crash. Not all the time bitcoin's price will increase. Bitcoin also experience ups and downs just like in investing, you will not always be successful, sometimes you may lose a lot of money. But if bitcoin' price will crash, i think it will not crash too much and it will make sure to do everything to get back on track. Many people are hoping for the price of bitcoin to continuously increase. Some people will eventually quit when bitcoin experience crash which is wrong because crash is inevitable not only in bitcoin but also to all other cryptocurrencies.

Yes and unless there is a major news, it won't crash for nothing... it will eventually go back up..

So I think converting to fiat to hope for a dip and buy back would be a mistake

There is even no news that would really affect the price of bitcoin that much now. Sure, we had a lot of FOMOs rushed in like some said, but who really knows if they were actual FOMOs or they are some set of investors that really know what they are doing and as long as they are happy to pay for what they are buying, then that is what has made the price to be what it is. Right now, we are having another major bull run and I hope people are still not there waiting for a crash.
You better hop in now cause bitcoin is set to double up!

[kodtycoon]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

While this price remains back to normal and back uphill, the correction in the last few days is not much and its not a correction in my opinion. The correction will occur early in the new year at the start of the possibility of further down.

[Lieldoryn]

Correction does not occur after a long period of stability. It always happens after a big spike up. Perhaps now we are at the beginning of this process. Now the price rises to 20-21K dollars. Then we will see a correction in the region of $ 19,000. This is assuming that the whales would not compete with futures. If they start this fight then they can raise the price of bitcoin up to $ 25,000. Those who contracted to sell in January bitcoin at $ 18,000 will be in shock and will never again have to deal with futures.

[grimoire5]

i like the way you write the tittle "Bitcoin correction"
so i assume here that we are agree that fall from last day is just a correction from fast moving forward BTC price or maybe we can said that profit taking from earlier investor, some of us do that too
btw i like to use fibonacci number to check floor price of support and resistant
it should be betweet 38.2 and 50 from lower and higher price

[DrGuns4Hands]

Nah i don't think that it will crash from $17,000 to $10,000 so easily well i can't really predict it but come on bro maybe it will crash but lets just say that it will only crash at $16,000. Well i know that there are some blind investor out there but come on.

[harizen]

With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

Correction has really high chance to happen but the question here is, when and how much it will go down?

Since no one can predict anything then just do your chores to take advantage of the current trend or set up some plans on how to deal with the price crash once it happened. It will just stressed you thinking too much. Ride the trend, even it's up or down or if your goal is long term then no need to think about the correction as no matter what, you will just hodl your coins.

[tosmartak]

No one can absolutely say but looking at the charts now and the fact that BTC is about to start another turn to the way up, I really hope you are not still waiting for a correction. We have had some corrections already and if that is not good enough for anyone, I really wonder what they are waiting for.

[mobnepal]

I think we have seen 2-3 corrections on bitcoin price already but all of them were small one, many newbie investors are pouring their money in bitcoin and in almost every coin like ripple few days ago.

All other altcoin pumps might not remain sustainable but pump on bitcoin looks quite healthy now. Price has already made good  floor at $15k.

[dmotor]

Every time exists possibility that something went wrong. Bitcoin rate might go down, or even increase very high. Noone knows with 100% confidence.

[lablab03]

Yes we all scared about the crash but nowadays much better to monitor bitcoin to prevent a huge lose because bitcoin is overdue maybe we didn't notice it will crash suddenly. And you are right we can't predict when will be it happen so much to better to read some new about bitcoin movement. 

[1Referee]

I really wish it could go back to $10K beacuse I want to buy loads more!!!!

Yeah, let's get the market to tank so you can buy your 0.01BTC, which will make you an incredibilty wealthy person when it bounces back up to $17,000.

Me too, a drop in the value of bitcoin would be great for accumulators such as us. I think it really needs to drop further than $10k though, 5k would be an ideal buy price.

If you did your thing in the correct manner, you wouldn't be waiting (better said, hoping) for the market to start tanking to buy back in. This market has offered people enough opportunities to accumulate consistently on the way up, and people still manage to mess things up. Seriously, how many examples do you guys need in order to understand that securing profits with minimal gains will make you only lose out in current market? If you're lucky, and the market happens to tank indeed, make sure you buy back in and don't make the same mistake again.

[usekevin]

Yes we all scared about the crash but nowadays much better to monitor bitcoin to prevent a huge lose because bitcoin is overdue maybe we didn't notice it will crash suddenly. And you are right we can't predict when will be it happen so much to better to read some new about bitcoin movement. 

Day to day bitcoin achieving it's new step. Today the price of bitcoin crossed 17700$,it's not happen in single day. Step by step and day by day is takes for bitcoin to reach this much.Yesterday the price of bitcoin move to 16000$,but today it again reaches 17k and reach the new peak of 17700$.At this year end the price of bitcoin will move to 20000$ .