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Author Topic: Do there is a possibility of another correction in bitcoin?  (Read 325 times)
cybersofts
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January 02, 2018, 02:21:40 PM
 #21

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
The market correction for bitcoin and altcoins is mandatory the only problem is no one knows exactly when the correction is coming. People may just woke up in the morning and realize they are experiencing a correction in the market. Correction normally happen in every 3-4 months period (but that's unofficial).  
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January 02, 2018, 03:37:05 PM
 #22

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
I see the possibility that could happen. We are now reaching to a good level, for some time there has been a significant price increase. Just imagine when the price of Bitcoin can reach an increase of hundreds percent then it is a remarkable thing and when it happens then a significant price reduction can happen. We all see that this is the hallmark of Bitcoin, Bitcoin has a high price volatility. We can see the price rising in a short time and we can also see a significant price decline within minutes, It is all the real thing and we all roles experienced it.
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January 02, 2018, 03:48:51 PM
Last edit: January 03, 2018, 06:04:02 AM by Drixy
 #23

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
I think there were no corrections have been made. All that happened because of the Bitcoin's sheer luck and charisma over the people and some bystanders are using it now.
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January 02, 2018, 03:49:20 PM
 #24

This your predictions actually come to pass as bitcoin get a retracemrnt and tested $12,000 resistance area as at 31/12/2027. I don't think bitcoin will ever be going up or pulling back but we would be having little corrections along the way.i just believe that very soon we would resume another upwards momentum and this may push bitcoin price above  $25,000.
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January 02, 2018, 04:34:57 PM
 #25

Possibility??? It's GUARANTEED to have many many many corrections. If you can't handle the heat, get out of kitchen!!!

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January 03, 2018, 03:43:37 PM
 #26

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
As of now, no. There are no indications of an upcoming correction like the one we saw a few days ago, there's been a sustancial support in the 15k-16k range (with a little resistance in the high 16k), and I think the price is going to consolidate in those numbers for a little while before going up again. But you can't never be sure, just keep an eye on the charts.
I think we are already passing through correction period which is very soon expected to be ended. Although the price is now becoming stable but still the price has not yet got the accelerator. Hope that very soon bitcoin will start boosting again because still people interest in bitcoin is increasing. I think still the investors have chances to invest money in bitcoin because we are expecting that they will see the price of bitcoin trading in such a low price.
Correction is now over mate prices are now crawling slowly to recovery and now people are investing more in bitcoin to see 2018 with great profit and crypto analysts are saying that 2018 will be good for everyone and now there will be no more correction because prices are right on aim and I don’t think prices will come more down this correction already has given people chance to buy and I someone still missed he will regret.
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January 05, 2018, 01:03:58 PM
 #27

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
I see the possibility that could happen. We are now reaching to a good level, for some time there has been a significant price increase. Just imagine when the price of Bitcoin can reach an increase of hundreds percent then it is a remarkable thing and when it happens then a significant price reduction can happen. We all see that this is the hallmark of Bitcoin, Bitcoin has a high price volatility. We can see the price rising in a short time and we can also see a significant price decline within minutes, It is all the real thing and we all roles experienced it.
The uniqueness of bitcoin is of course from the bitcoin price volatility itself, bitcoin prices can rise at high levels but if down can go down quickly, but it is widely used by short-term traders to be able to earn profits in a short time. I think the correction of bitcoin will certainly exist because bitcoin always has a significant price increase.
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January 05, 2018, 08:25:43 PM
 #28

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Do not worry about such a small thing, the price is going to move that is natural, keep holding that is the only thing you can do, if you try to time the market and you do not know how to do it then you are going to lose money, it is better to not risk it then to make a dumb move and  lose money.

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setifien19
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January 05, 2018, 08:45:17 PM
 #29

Corrections tend to be happening often after bitcoin hits new averages , otherwise , it's a normal fluctuation which seems to be the natural bitcoin price structure
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January 06, 2018, 12:57:35 AM
 #30

Corrections tend to be happening often after bitcoin hits new averages , otherwise , it's a normal fluctuation which seems to be the natural bitcoin price structure
With price fluctuations happening each and every time there will be at least a small price correction, but we people were not aware about the same. When the correction takes place in a large scale we know it, because the price drops and the stabilization will be massive. So, can expect price correction quite often depending on the growth.
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January 06, 2018, 07:54:51 AM
 #31

Correction always happened and i think its normal and it will make a new adjustment of price after, but about that correction its to hard to predict what i mean we have no idea what will happen after, if it will make a new record valued.  .or it will fall dip,  and also because of the fluctuation of bitcoin price some of people here in crypto world called that circumstances as a correction , so i guess its always happened time on time when bitcoin fluctuated.
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January 06, 2018, 11:24:40 AM
 #32

Anything that brings about the volaitilty in the price of bitcoin, is a possibility and there nothing anyone can do to stop it. Is just like asking if bitcoin will rise or fall again. Of course this will happen and the duration can be nearer than we thought if some factors work for or against bitcoin depending on the reaction of the market participants. Its an open possibility to be prepared for because those that the people that would make the best out of it.
kryptorian
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January 10, 2018, 08:11:34 PM
 #33

As the bitcoin price is back on track as it reaches again 16k. IS there a possibility of another correction in the bitcoin.
IF there is a possibility, When we have to face the correction.  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
As of now, no. There are no indications of an upcoming correction like the one we saw a few days ago, there's been a sustancial support in the 15k-16k range (with a little resistance in the high 16k), and I think the price is going to consolidate in those numbers for a little while before going up again. But you can't never be sure, just keep an eye on the charts.
I think we are already passing through correction period which is very soon expected to be ended. Although the price is now becoming stable but still the price has not yet got the accelerator. Hope that very soon bitcoin will start boosting again because still people interest in bitcoin is increasing. I think still the investors have chances to invest money in bitcoin because we are expecting that they will see the price of bitcoin trading in such a low price.
Correction is now over mate prices are now crawling slowly to recovery and now people are investing more in bitcoin to see 2018 with great profit and crypto analysts are saying that 2018 will be good for everyone and now there will be no more correction because prices are right on aim and I don’t think prices will come more down this correction already has given people chance to buy and I someone still missed he will regret.

As far as I'm willing for that to be the case, we may be still far from the correction being over. What we had seen in late December looked more like a dead cat's bounce rather than a correction winding down before the rise. Indeed, there is huge support thanks to hordes of new Bitcoin buyers overrunning exchanges, but it would still take a huge momentum to break beyond the recent highs of $20,000.
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January 10, 2018, 09:11:43 PM
 #34

I guess the price correction is already in the process and Bitcoin price is at a stable state right now from 14k to 15k and back and forth, no signs of a bull run yet but soon it will. We're going to experience a new ATH as the price of Bitcoin will continue to rise every year.

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January 11, 2018, 07:21:38 AM
 #35

I believe that you have foresee this and that is what is happening now that we have see a correction back to $12,000. We may see a further pull back to $11,500 before another bullish trends that will push forward and break the  formal December high. If the current bitcoin adoption is full implemented we may see bitcoin above $40,000 before August 2018. Bitcoin is not going to died as other people have been speculating.
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