Correction incoming?

[josebcn]

I do not think the moment of the correction, why do you expect so? The market is still very excited to rise and demand continues to grow to meet the market.

Because here comes the dump.

[Dragonrage201]

There seems no nearby catalyst for a correction. We already had a big long correction so next one should be some months away and after a big rally.

[prabakharras]

Full bullish momentum across all cryptos in this point
https://www.coingecko.com/en

[luckyindia]

I don't happen

It seems that the values ​​may drop because lately they have recently increased, since the next insurance
It should happen in a few months after his great recovery. The market still has a lot of demand and we would have to
be attentive because nobody can come to know in the future.

[Mang Li]

corrections will always come when the price was overbought,,
but, i think not now, maybe few days or weeks again
so, don't worry

[Gabb]

Going up for many days.

Is the market due for a correction?

It is highly probable that a correction may occur after this consistent growth that has happened throughout the month, because after a 50% increase some correction would be normal in coming days.

However I do not think it can a significant correction, because there seem to be signs that the bulls are waking up and there is still a lot of room for the price of bitcoin to grow much more, taking into account that the bitcoin price started over $13,000 this year and it is still 25% below that price.

[PsylockReborn]

Going up for many days.

Is the market due for a correction?

No one can really tell or predict what will happen to crypto market but whats happening right now is a very good thing after the previous bloodbaths that we experienced during Q1. This is really the trend from the past few years hoping that by the end of the year all the cryptos will increase its value or some alts will even skyrocket for us to get more profit. We just have to enjoy the ride until it lasts and the more greens will come the more new investors that will be delighted to join the ride.

The value of crypto depends on the adoption of the people so the more new hodlers, investors and traders that will join the cryptoworld the higher the crypto values.

Going up for many days.

Is the market due for a correction?

It is highly probable that a correction may occur after this consistent growth that has happened throughout the month, because after a 50% increase some correction would be normal in coming days.

However I do not think it can a significant correction, because there seem to be signs that the bulls are waking up and there is still a lot of room for the price of bitcoin to grow much more, taking into account that the bitcoin price started over $13,000 this year and it is still 25% below that price.

I agree with you on this but we cant really tell when and where it will stop. All we need to do is just monitor and be cautious that anytime this could go into a huge dip or even skyrocket. This volatility of the crypto market is really exciting and fun as well as frustrating to some of the altcoins that didn't perform well during this uptrend.

[Sarisang]

the correction will always be there and definitely going on in the market and no one knows when that happens. inevitably the market will experience a ride down always and this should be felt.

[Daddyj2]

Correction was already done. Almost 4 months of correction after BTC hit $20k level and I think were stable now and slowly geting some momentum to bull trend.

[renault18turbo]

The correction started today. It is strange, because many analysts predicted that if the price of bitcoin reaches 9500 dollars, it will begin a stable growth to 12 000. However, this did not happen.

[serjent05]

I do not think the moment of the correction, why do you expect so? The market is still very excited to rise and demand continues to grow to meet the market.

Because here comes the dump.

It is expected, once the price goes up and hit holders targer price, they will definitely sell.  Others called it dump but for the holders it is simply reaping the reward or a profitable exit if the holders wanted to invest to someone else.  So the up and down of altcoin price is just an ordinary scene.  Even stock market and forex exchange is the same, it's that, cryptocurrency market is way more volatile.

[preshpr1nce]

The correction started today. It is strange, because many analysts predicted that if the price of bitcoin reaches 9500 dollars, it will begin a stable growth to 12 000. However, this did not happen.

I wouldn't call this a correction when we're over 9400 again just after a short dip.
The rise to 9700 was too quick from 9300 yesterday

[bboyjohn]

The coins rise quickly and for this reason we can see the correction. Even a few hours ago, when we had a small price drop, some investors sold their profitable coins and the cash turned to money
maybe correction incoming

[Marcsymon]

I think it is already due for correction because it is moving the market a little bit.We might not see or feel the large price recovery  but very soon it will happen.

That is possible. Because recently the price of bitcoin and some altcoins were starting rising up a little as what I observed in the market place. We, investors will be very fortunate nowadays if this will continue stands up in such a good correction.

[AUruHM]

The correction started today. It is strange, because many analysts predicted that if the price of bitcoin reaches 9500 dollars, it will begin a stable growth to 12 000. However, this did not happen.

10k is a strong resistance level. And we need correction for further growth. Never happen unstoppable growth. But after correction, we go to 11-12k. This is my vision

[DirkDiggler1911]

Looks like the correction is happening right now, do you think it will be a small correction or maybe we will go down more and find a new low ?

[mahoni2100]

if you want to get a good market at a solid level, you should definitely go with slower steps, and the slower you increase the faster the faster you increase the faster you will guess.

[patrickrn32]

... i dont think we dont need new threads for every little correction..
this is the market.. there are trend movements and corrections as well as sideways phases...
that there are corrections is as sure as that you have to go to the toilet every day

[nur rochid]

... i dont think we dont need new threads for every little correction..
this is the market.. there are trend movements and corrections as well as sideways phases...
that there are corrections is as sure as that you have to go to the toilet every day

hehe. i think the correction will occur when the market reaches $ 13000, because there is resistance, resulting in price correction before continuing uptrend, as it is according to my analysis

[robelneo]

Going up for many days.

Is the market due for a correction?

Yes there is always a correction after the dip or even after the price of Bitcoin surge right now we are having a correction and this is normal and will eventually settle down, we'll now have to wait for the next round hopefully it will happen next month.