Is the Cryptocurrency Market going through another correction !!!

[olubams]

With Bitcoin price falling below 7,444 USD today, is it right to say we will be experiencing another round of market correction for the next couple of weeks??

As at the last time that I checked, price was around $7551 which means a gain of over a $100 for anyone that bought at that price but rather than people taking opportunity to act, we chose to complain and ask question, cast doubt as to whether recovery is imminent or the end is now. Correction or not are normal things to happen in the market. Its also an avenue to make the best out of every situation.

[Oilacris]

With Bitcoin price falling below 7,444 USD today, is it right to say we will be experiencing another round of market correction for the next couple of weeks??

No one really knows on whats happening on the market today and if you do try to look at on some news or whatsoever we cant see anything but still the price is declining and the over all cap is draining out.In this case for newbie investors for sure it would shaken off themselves and comes to panic which they arent aware on the things that do happen on cryptomarket but for smarter ones are already trying to buy cheaper coins as of now.

[Specctrall]

Yes, we can assume that we see now, a new market correction.

[aalborg]

I can not say that the situation is now some kind of fantastic on the market, but we also do not need to cry now. Many simply could have expected some super results from the concession of 2018, and now regret it, that nothing happened. Although I generally learned about this event only this year.

[Anton1105]

It is difficult to say whether there will be growth after today's correction. There is no consensus on this issue. Some believe that bitcoin will continue to fall, and someone says that soon there will be a sharp increase to $ 25,000, for example, according to Tom Lee, an analyst with the Fundstrat

[SERGOSTAP]

It seems to me that the price will fall. How long and how much will fall, no one knows.
The volume of trading bitcoin also fell significantly.
It is difficult even to imagine how long it will take for the market to recover to its former volumes and prices.

[Skieleton]

With Bitcoin price falling below 7,444 USD today, is it right to say we will be experiencing another round of market correction for the next couple of weeks??

BTC variation is normal. In a moment, there will be a good price for investment. The price for the sting will be very good for it.

[Eddyc]

It is more than clear that it is not the market that is going through a correction but yes the Bitcoin the others only follows its trajectory, when its price is high the market is on the rise. Thus at any moment the market can return with a great possibility of high with the increase of Bitcoin proving the sovereignty of the same.

[krodmandoon]

I don't believe that we are going to see another correction so soon. The market is violate as always have been and it is very sensitive to any news, but that is all in my opinion.

[jack long]

With Bitcoin price falling below 7,444 USD today, is it right to say we will be experiencing another round of market correction for the next couple of weeks??

It is my comment about that because I see somebody saying this is just a good correction and with this, we're going to enter the bear market that is going to skyrocket and I'm currently better focused on the altcoin I hold and starting to invest in a promising altcoin

[judyrob]

correction when this happens it is reasonable. Indeed many have bad predictions, but basically, the correction of this one has the goal of growth for future later. Indeed there has been no sign of when the market will definitely back up but if correction is completed will certainly make its regrowth.