Bitcoin correction is healthy!

[befriendmywater]

Bitcoin fell again in price by almost $ 500. The only good thing is that the dominance of bitcoin is 44 percent.

I think that's really a bad sign. The market is recovering but today it is falling. This shows that Bitcoin's base value is around $ 6k5. I think Bitcoin is not good, it has been exploited and it is losing value. Crypto's future is bad.

[kotajikikox]

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

Good example came from yours for those people out of brave because of the long time correction of cryptocurrency at more than six months price dropping, hope this thought came from you as a newbie gives to them an inspiration to become strong and believe the bull run is coming.

[Altcoins enthusiast]

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

Bitcoin actually make a very serious unexpected corrections and I was thinking that the stealing at bancor network is responsible for this happened.  I have another mind after reading this comments you have made.  The market is seeing not ready for bullish trend.

[cryptoadobo]

The statement is true I believe that there are tether conspiracy happen last year that is why the bullish market exist. We just need to wait for the proper price correction and the market will go back to normal again. Hopefully.

[pageraji]

next week when world cup party its over, bitcoin market and or alt coin will recovery i think not to end of this month market will positively increase more than 7 percent

[pixelvault]

A bullish outlook - IH&S forming.

https://uk.tradingview.com/chart/BTCUSD/qTX7avoO-BTC-Daily-IH-S/

[jamesashmore1964]

I agree with this. Market should take off anytime now. the biggest gains in crypto history happened this past year. This bear market was foreseeable to correct itself. Personally in my opinion, I think we could see an even bigger bull market come.

Inverse head and shoulders has formed: To the moon soon: Go Bitcoin!

[pamsugas]

bitcoin is 6 months in trend down. hopefully this is just a healthy correction I believe soon bitcoin will soon recover the price

[Abeleez]

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

Yea I consent to that analogy because the correction is necessary to make headway and that should not bring depression. The last three days have seen a level of stability especially with Bitcoin. I want to believe that the stage is now set for the recovery of the crypto market.

[CryptoBry]

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

Thank you for your words of hope. This is really painful. Bear market seems never-ending, and today's dip has been really depressing.

Waiting for Bart to do his thing soon

I understand that this can really be depressing considering the fact that it has been many weeks that the market is down and few days ago we saw some light at the end of the tunnel...and then we realized that the light was just a flash. Anyway, this is just another phase of the usual roller-coaster in the Bitcoin journey and believers have no choice but to continue on hodling and of course believing that soon we can see the long-awaited bull run. We still have months before the end of 2018 so let's continue the fight.

[tarable]

bitcoin is 6 months in trend down. hopefully this is just a healthy correction I believe soon bitcoin will soon recover the price

the current decline is still running. sometimes making the bitcoin followers feel discouraged by the current state of affairs. but if for me, it's better to go on and on until the bitcoin recovers normally.

[blockchainwriters]

Market is consolidating the prices as of now the market is recovering once we have bull run we can see at a stretch price growth there on words no looking back for dump again

[South Park]

I know it is probably depressing for you

But

This dip is necessary to align the technicals

And

Clean out the bears

Bull run in the making

My Opinion!

These small corrections are nothing like what we saw some months ago so I am not worried, you are right when you say that a bull market is slowly forming but I think it is going to take several years before it manifest itself, that is what happened the last time there was a crash as big as this one and I really think the same thing is going to happen again.

[AnCapFree]

I think you are right. Most market will act likes a Sinx shape. Bitcoin has touched the top in 2017 and now it must reduce to the bottom. you should not be worried and lets buy and hold coins now.

[jvdp]

I think you are right. Most market will act likes a Sinx shape. Bitcoin has touched the top in 2017 and now it must reduce to the bottom. you should not be worried and lets buy and hold coins now.

What is the correction you are expecting on bitcoin mate. I see the investors are really supporting the value to grow more in the market. Please refer the good market value analyzing site and invest the coin you like. If you feel the coin value is cheap on the concern potential coin.
Please invest your money to the avoid the price fall and correction in the crypto market.
I have around 4 bitcoins in my blockchain wallet. I expect that to reach 10k USD or even more.

[huhhuh18]

What also make me think it's healthy is that it'll help us understand better how the market works. A time shall cime that almost everyone will become fed up and we'll now know that this is the new status of crypto and I think a rise shall come from there. It will also help eradicate some "unnecessary" coins. By the way sorey to anyone who ahs lost funds (we shall surely get back our moey +interests some day to come).

[tot-o]

bitcoin is 6 months in trend down. hopefully this is just a healthy correction I believe soon bitcoin will soon recover the price

I think these past months are enough to correct the Bitcoin and it would be appreciated if we saw new trends on the graph while the line is running up and up,

[yonnymen]

The previous bull run was crazy and the correction was bound to of happened.

[anjiitem]

bitcoin is currently in a down position. but not to worry about this incident. because the bitcoin price fluctuations are dominantly influenced by opinion news. so it happens panic sell.

[nanasei]

Bitcoin is now oversold after it has been bearish for months. Since the oversold is over, it is now turn for bull run and it is going to make bitcoins price high.