When will Bitcoin stop its correction?

[xPPx]

That's the problem. Nobody knows. I'd actually like Bitcoin to gain 1%/day instead of these +30% and -30% swings. The gift and the curse. Once we hit a Trillion dollar market cap things should be a little smoother, though...

[Saftention]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

correction"dump" must happens after every rising bitcoin follow normal Economics  curve.
you must read basic Economics  charts to have better effect with bitcoin

[Lowleary]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

rising is normal happens after and big rising because people can’t keep buying more every day.

correction is good for me to buy more

[kriptotr]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

When you guys think this will never end, bitcoin will stop the correction and it will rise right away to new high prices.

This is not a game, if you believe in it, you need to hold your coins tight. There is no other way.

[sjefdeklerk]

This is not a correction, it's the beginning of the end. Bitcoin is worth 0, as morgan stanley pointed out this morning: http://www.businessinsider.com/morgan-stanley-on-bitcoin-value-2017-12

[ihaveaquestion]

It seems that it stopped right now, but it started going down again, it is at $13,500 at the moment, that is pretty low compared to the price that it was yesterday, we ll, it dipped yesterday too.

[btcone111]

It's definitely gonig lower to at least $11K, likely $10K or lower to $8K
Having said that, if btc doesn't go lower, i don't think it could go a lot higher than 30K...

[superjeyy]

It is actually a drop because people are selling their bitcoins for expenditures on Christmas as it is their important need but it is sure that after Christmas the price will rise again and it will rise with a fastest speed after that because after no one will need to sell on high amount and the traders will see the price at lower value and they will rush to buy it. I have experience with bitcoin and this situation happens like before and just like before the price will increase twice in the coming weeks, once after the 25 December and after that the price will again pump higher at New year.

I agree with Vikingr. People are caught up with the moment and Christmas is no exception, which is why there is an excessive amount of Bitcoin that is being used during this season. I think that among all the events that can occur in a year, Christmas is the most costly one since it is the season of giving which all the more gives the reason for users to spend their Bitcoins. I am really positive that after this season is over, Bitcoin would be back on track with its increase in rate. As we end Christmas and approach the New Year, Bitcoin prices may still be shaky by that time since both seasons yields for celebrations. After the New Year, I have high hopes that Bitcoin rates would rise since the people finally overcame its correction.

[pitiflin]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

Let me ask one question too? When will stupidity stop being a characteristic of humans?
See mate,there are various support levels strongly built,one at 12,200;11,700;10,500 if in case bitcoin crashes more. Consequently if bitcoin goes above the price of 17,200 we can see another all time high before new year. There's need for a lot of blood in the markets though.

[EvilKingfisher55]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

Let me ask one question too? When will stupidity stop being a characteristic of humans?
See mate,there are various support levels strongly built,one at 12,200;11,700;10,500 if in case bitcoin crashes more. Consequently if bitcoin goes above the price of 17,200 we can see another all time high before new year. There's need for a lot of blood in the markets though.

Well, you can't remove that characteristics, it is something that differs us from robots or AI. You can't remove fear from the investors, big money is involve right now than before. I guess, correction is just natural. Bitcoins price will pump and dump. Its up to us when we will stop to ride on it.

[audrey12]

Why people keeps on thinking that there is a price correction for bitcoin while the fact is what was happening is not a price correction but instead a normal fluctuations bitcoin need to undergo in line with the demand bitcoin gets in the market. Bitcoin appreciate because the supply needs to adjust for the current demand while bitcoin drops to open opportunities for investment and normal circulation in the market.

[aso118]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

Let me ask one question too? When will stupidity stop being a characteristic of humans?
See mate,there are various support levels strongly built,one at 12,200;11,700;10,500 if in case bitcoin crashes more. Consequently if bitcoin goes above the price of 17,200 we can see another all time high before new year. There's need for a lot of blood in the markets though.

The price seems to be hovering over $15,000 for the past 1 day. An ATH before the new year seems doubtful, given that the momentum has been lost. Support levels have been built, but I doubt if the technical analysis based support levels are any good in the cryptoworld. Bitcoin certainly did not respect any resistance levels during its run from $900 to $20,000 in 2017.

[Denker]

Bitcoin will stop the correction, when people give up and think it's time to sell.
When there is frustration in the market and noobs who thought they can hodl easily are willing to sell the bottom.
Then you know you reached a bottom and the market starts to move up again.
Imo Bitcoin could need some more down pressure and sideways movement for a few more months to get all the noobs and quick money dreamers out.
But I doubt we will see that happen. With the new year, big money will come in. Maybe january again will be a slow month. It has been in the last 4 years at least.

[WindForce]

What correction? Bitcoin is already at 15.8K !

[fulmetal08larz]

Relax for now and try to grab this opportunity to accumulate more. Most investors who took profit could just be taking their holiday vacation and enjoying this season. Once they go back in the game, it could breach the $20k price level. Since it went down, it's like being manipulated by certain big whales out there, probably one of them is Goldman Sachs.

[Mind Control]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

After every correction, the price of Bitcoin increases and the current case is not different from the old ones. Bitcoin will increase in price anytime soon since many bought some Bitcoin during the correction. Bitcoin will not increase in price at all times. Corrections will happen from time to time especially when Bitcoin is at its peak. Do not worry about corrections. Just hold your bitcoins

[Ararbermas]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

as of now we can say yes it can but we are not sure if this time it will continue to the top perhaps it will fluctuated again like what happened before but im hoping not. I hope that this is the right time to hold and it will continue to surge again until new year or forever.

[malikusama]

Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?

This correction was much needed before bitcoin rise further for the new ATH, bitcoin suffered a huge dip of about 40-45% and now recovering slowly. Yeah of course bitcoin is ready for another pump as like the previous pumps we have observed this year from some serious dips, and soon segwit2x hard fork is going to happen, so the chances are too high that soon we will achieve new ATH.

[EdenHazard]

Relax for now and try to grab this opportunity to accumulate more. Most investors who took profit could just be taking their holiday vacation and enjoying this season. Once they go back in the game, it could breach the $20k price level. Since it went down, it's like being manipulated by certain big whales out there, probably one of them is Goldman Sachs.

the golden opportunity few days ago to buy the dips are a proof that the correction might will ended soon. don't know exactly when but before the price go up again to the new level to the new ath , there will be a crash a head unexpectedly.

so brace yourself and always be careful making any decision in crypto , it is risky more than any other investment.

[1Referee]

I hope that this is the right time to hold and it will continue to surge again until new year or forever.

It has always been the right time to hold, just look back at the charts, that's the proof that speaks for itself. People just have to accept that while crypto may end up surging significantly in a very short period of time, that it isn't something that we will see happen continuously. As you can see, people didn't expect the price to take a few steps back, which is quite weird considering how much we have gone up already. The market was exhausted, we were near a very important mental price level ($20,000), plus for the time being the future markets were priced in already. Do people want to have it written on a piece of paper that the market was about to come down? Is it really that difficult to understand the very basics of a market?