Bitcoin correction?

[exstasie]

It's stabilizing at $9,000 and there's no one can tell if this will be pulled down or pushed up.

http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.

It's not news. It's speculation, and it's pretty illogical. See here:

However, multiple reports in the bitcoin specialist press reported that Mt Gox's trustees won't sell anymore bitcoin until at least September this year. The next Mt Gox creditors meeting is not until September 18. NewsBTC said: "Many are hopeful that with the next Mt. Got court date six months away, Kobayashi won't be able to dump another load of coins on the market."

Notice how the most recent creditor meeting took place in March? Kobayashi was selling in December. Creditors were not notified when the courts approved earlier liquidations.

I'm guessing the trustee is facing a lot of blowback, especially after some of the public comments made by Jesse Powell and others. It's also not clear why the trustee would need to liquidate any more assets, as it sounds like all liabilities are already covered. Those two points are why I don't think he'll be selling more for the foreseeable future.

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[bryan21]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

I think Bitcoin will stable at the moment around $7,000 value. It will keep this value until middle of the year I guess. Many investors keep hold their Bitcoin now and hopefully will rise end of the year.

[DRVX]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

No, if it happens (I hope we will never see this situation), it will be not any correction at all, but the greatest fall of Bitcoin ever. I suppose BTC had a correction already.

[livingfree]

It's stabilizing at $9,000 and there's no one can tell if this will be pulled down or pushed up.

http://www.businessinsider.com/bitcoin-price-speculation-mt-gox-bitcoin-wont-be-sold-until-september-2018-3 this news is the hope of many that can pump bitcoin's price soon.

I also read that news and I also hope that this will bring back the investors who have sold bitcoin because they are scared that the trustee will continue to dump the coins pulling the price back even further.

Currently its stabilizing around $9K but as soon as we are closing at $10K, we suddenly seen a rush to sell because they are thinking that it may go down once again.

Let's see that this news is a welcoming one specially who have been waiting for enter the market.

Okay bitcoin has been pulled down after few days and it was a quick one. But let's all hope for the best for this year, there are too many people who are worrying about the price fall of bitcoin but this isn't new and this isn't the first time we've seen it happened. There's still room for it to improve and go back to its trending price before. Am I the only one that misses bitcoin at $20,000? 

[removebeforeflight]

I don't think it's a correction, this is due to so many factors like Google wants to ban crypto advertisement from June and some negative news added to that. If there is one negative news obviously another one with positive news float around. Don't panic now and Bitcoin would start it's bullish run probably during mid of April.

[MoonJeina]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

I really don't think that bitcoin would be going that low .
If you studied the trends carefully it is showing that whenever bitcoin gets low , it recover some of its value on the same day . Coming as low as $3000 , is the same trend is followed is quite unreal . So bitcoin is not going that down and is going to shine soon.

[eann014]

If bitcoin value will touch $4k then I think we should sell now before it goes down even more or lower than $4k? That was too low for bitcoin price right now. 
I am also thinking that bitcoin will just hit $6k and not lower than that.

[putrii]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

bitcoin prices would not be possible for a correction below the $ 5k price because the suport buy bitcoin is very much at the price of $ 6-7k and it would be difficult to make the bitcoin price collapse up to that price.

[Hannahanto]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

bitcoin prices would not be possible for a correction below the $ 5k price because the suport buy bitcoin is very much at the price of $ 6-7k and it would be difficult to make the bitcoin price collapse up to that price.

Bitcoin correction takes place every year. The correction end up with a big hike. Hope this correction ends up very soon.  Recent sells of bitcoin from an exchange has caused this fall.  We could have this correction ending next week. Hope see a good spike in upcoming days. 

[aeternus]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

bitcoin prices would not be possible for a correction below the $ 5k price because the suport buy bitcoin is very much at the price of $ 6-7k and it would be difficult to make the bitcoin price collapse up to that price.

Bitcoin correction takes place every year. The correction end up with a big hike. Hope this correction ends up very soon.  Recent sells of bitcoin from an exchange has caused this fall.  We could have this correction ending next week. Hope see a good spike in upcoming days. 

While there are always corrections right now the market is not showing the capacity to recover in the short term, bitcoin is barely above 8000 dollars and I see a little bit of green in the market right now but it's not much, I will like for a recovery to start already but it seems every day there is a news about the government trying to regulate bitcoin or saying something negative about it and people are very susceptible now to these kind of comments and as a consequence the price is unable to recover.

[Ararbermas]

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

for now it's impossible to happen  .'cause as we see the bitcoin price now is gradually increasing at 8k value.  So perhaps 7k is the bottom of this fluctuation and maybe the causes behind of this volatility of price nowadays is from weak hands that always panic selling when there's a dump. therefore this is just a normal correction and it will never go dip for now ,