Bitcoin correction is healthy!

[gsg07]

Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

[Naughtid]

Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

Any price below $6800 is good entry point.

[South Park]

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.

Things are not so simple, yes bitcoin has been oversold for a long time but even if that is the case we need a spark, something that makes people believe again that the price can recover soon and I do not see that happening soon, so you only have two options, to trade in the meantime or to use your cash to take an early position in bitcoin and hold until the price recovers.

[tabas]

Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

As long as the price is down, it's a good time to buy bitcoin. You have to get a good entry point before buying and to those who have bought during the time when it's quite high, you can still keep on buying before the price starts to reverse and goes crazy pumping.

[Wolfwar]

Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

Any price below $6800 is good entry point.

I think it's no longer worth worrying, especially given the fact that many investors invested in Bitcoin in late 2017. To date, this is a really bleeding wound for investment. Therefore, the current state of affairs in the crypto-currency market gives a very good chance for investment.

[dunfida]

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!

Not just totally depressing on ourselves only but in all or most people in the market as of today. Correction would always take place on any alcoins in the market specially to the main coin like bitcoin. We do see its ATH and reaching out that price point in a short period of time is somehow considered to be a bubble or being hyped and now we do decrease for almost 75% down to that price. Can we considered it as a healthy correction? I dont think so.

[ozanipek]

I agree with you. I have already got used to the fact that bitcoin, then falls, then rises. He needs a good height, but where can he get it. No investors, no new injections. We need very strong and good news that will affect investors. Actually it is good but we are impatient about that.

[aghedo1]

I too hope for a bullish market,it is long over due

[adzino]

Yeah, bitcoin price correction is actually very healthy for the bitcoin market. Like, think about the price last year. The price almost sky rocketed to $20,000 USD. This was an abnormal price rise. And then price ended up correcting at around $8,000 USD. But compare the current price with the price before it when high. We are still on the green side. The pace at which the price rose and the pace at which the price corrected is actually very low. Correction helps us to get rid of weak hands too.

[perla]

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!

this is time for bitcoin price to up again, i think some big investor already bought in the dip, let's just wait they pump the coins and we can have chance to get profit in high price too. even not big investor we still can get profit from that

[South Park]

Maybe it's good time to buy bitcoin...just a good price to buy, can make good profit, when it goes up.

Any price below $6800 is good entry point.

I think it's no longer worth worrying, especially given the fact that many investors invested in Bitcoin in late 2017. To date, this is a really bleeding wound for investment. Therefore, the current state of affairs in the crypto-currency market gives a very good chance for investment.

I really do not understand those that are trying to time the market right now, the price is barely above 6200 while in theory you can get a better point of entry if you are going to hold for the long term a few hundred dollars are not going to make any difference at all and you never know when the market may partially recover and grow to 8000 or 9000 and you will forever lose the chance to buy at 6000.

[EastSound]

I agree, especially that lots of people hoped in the train quickly even without a clear knowledge on how the bitcoin system works the dump shaked out the weak hands

[Deubila]

I agree with you. I have already got used to the fact that bitcoin, then falls, then rises. He needs a good height, but where can he get it. No investors, no new injections. We need very strong and good news that will affect investors. Actually it is good but we are impatient about that.

Not only Bitcoin and the cryptocurrency market but most other financial markets have fallen sharply, so investors should not be too worried and focus on the great features of this market to choose the top form. reasonable. I think those investments will bring you the best results.

[jaocoincrypto18]

Before they say that correction is an opportunity to buy at cheapest price for an investment but what i have observed for this year is when you buy the dip but it dips more. So for me this corrections is unhealthy anymore because until now the real demand for Crypto is still low in which it makes me think that the said opportunity was now replaced by fear of lossing their investments. So lets just hope that this constant corrections will stop and will be replace by bullish run so that people will trust crypto investments again.

[jamesashmore1964]

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.

Things are not so simple, yes bitcoin has been oversold for a long time but even if that is the case we need a spark, something that makes people believe again that the price can recover soon and I do not see that happening soon, so you only have two options, to trade in the meantime or to use your cash to take an early position in bitcoin and hold until the price recovers.

ETF is the catalyst BITCH: Wake up!

[btctime]

This correction of the crypto currency market, although a normal phenomenon, but still because of it was spent a lot of nerves. I hope soon as you say, we will see the bull market.

[Mr.ZODIAC]

This correction of the crypto currency market, although a normal phenomenon, but still because of it was spent a lot of nerves. I hope soon as you say, we will see the bull market.

I can not understand the message of some users. Why the current state of the market And today's performance of Bitcoin seems to somebody to stabilize the market. In any case, I can not say that Bitcoin is stable and corrected its price. Based on this, I can not hope for the near future growth of the crypto-currency market.

[RondoAnyar]

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!

I agree if the price reduction to align the technical and stabilize market conditions. maybe in some time this condition will not happen continuously and will experience a nice change.

[xuan87]

Yeah correction could be sign that the coin is healthy it provides a good chance to buy at lower price, but a long bear market will make people losing trust and losing hope, and this time the bear market is a bit longer than everyone expected, so it's depressing especially for the beginner just start want to invest

[PrintMule]

Correction movements are always normal. For those who profit will realize. Everyone wants it. Then the ascents continue. But nobody should panic. If panic happens, it becomes a disaster.