bummm
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April 11, 2019, 05:21:32 PM |
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Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.
The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto.
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hahay
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April 11, 2019, 05:39:21 PM |
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Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.
The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto. Maybe it means the bearish market which indeed can occur in a period that can be said for a long time, the market is currently in a cycle of correction or only volatility which indeed when the increase that occurs this always decreases the price which means it still takes longer to get recover higher.
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microbb8
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April 11, 2019, 06:58:59 PM |
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It was a year that people could catch their breath before the next crypto rally. 2019 will be much more interesting. Fasten seat belts.
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Finestream
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April 11, 2019, 11:29:13 PM |
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It was a year that people could catch their breath before the next crypto rally. 2019 will be much more interesting. Fasten seat belts.
Agree.Last year is not a satisfying year, in fact I can consider it a bad year for crypto. This year we have a good start and we hope this start will lead to a wonderful ending for this year, although we can also expect last year that the price will dump because of heavy correction, but the price is just too oversold resulting to a very low price, now, we are also correcting it for a reversal of the market, and this should not surprise everyone.
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andriarto
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April 12, 2019, 02:08:08 AM |
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Last year and this year is the year of correction because price now is recovering. Due to an unstable price we can't predict when is the exact time of rise or totally recover. Recovering takes time maybe half of this year is the correction and and last 6 months of the year is the continuation of rising of the price. If we can predict the price exactly the we won't get any loss or inshort we are getting benefits daily.
The correction cannot last for years. It is a shorter period. Now everything that we see does not have its name yet, probably. I guess, this is a transition period, which can be used to learn more about crypto. Maybe it means the bearish market which indeed can occur in a period that can be said for a long time, the market is currently in a cycle of correction or only volatility which indeed when the increase that occurs this always decreases the price which means it still takes longer to get recover higher. after flying high and reaching a saturation point of course it will pass the correction phase. but for 2018, I think the increase is unhealthy, because the correction is too deep, we hope that now the market can grow healthy, we know there is resistance near the current price, hopefully it can be broken
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Kelvinikke
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April 12, 2019, 04:14:13 AM |
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Last year was never the year of correction but hopefully enough the first quarter of this year seems to be the correction point of the crypto market. I have been reading about Elliot waves for quite sometime now and i think we are going to have a run of the crypto marketcap in the nearest future.
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Netnox
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April 12, 2019, 04:25:43 AM |
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A correction was due in 2018, since the prices went up from $900 per coin to $20,000 per coin in 2017. After a 20x spike, it is only natural that we can expect a major correction. But it needs to be seen for how long this correction will last.
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Duzter
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April 12, 2019, 04:46:02 AM |
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A correction was due in 2018, since the prices went up from $900 per coin to $20,000 per coin in 2017. After a 20x spike, it is only natural that we can expect a major correction. But it needs to be seen for how long this correction will last.
The complete year provided with the bear trend with the sliding of the price, and after a long 2019 has provided with the gradual increase in the price with the massive adoption. Importantly from January it has recovered reaching from $3000 range to $5000+ by now. This form of growth is predicted to continue with small corrections in between.
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BTCevo
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April 14, 2019, 04:02:56 PM |
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2018 was never the year of the crypto market correction because we saw bitcoin dragging down in value with most altcoins following its lead. However, the latter part of the first quarter of 2019 seems to be the correction point. In the mean time bitcoin is now above $5k and things seems to be looking in the right direction for a further increase in value.
Agree with you here, because 2018 is sure a hellish market that people dump everything right away and it goes deeper and deeper, it seems like bitcoin time is ended because many regulations pop up. But for the year, it is a correction time which people need to adopt it back again to gain some profit in the next few years later
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TIDOVEE
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April 14, 2019, 04:15:57 PM |
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Does it now mean it should not have achieved as high as that in 2017, are you saying the correction now is supposed not to make us have as much as that this year 2019. With the prediction, we are to have close to double of what late 2017 brought. The correction I desire now is That the bearish market melt away, its just too boring
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mersal
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April 14, 2019, 04:56:03 PM |
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Yes definitely there are lots of things that to be corrected in the year 2018 and it is the most unexpected year for every Crypto investors to stay without any profit in the whole of the year but in the 2019 will be little different from the previous year and there will be lots of chances of development is happening right now .
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mrdeposit
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April 14, 2019, 07:00:05 PM |
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A correction was due in 2018, since the prices went up from $900 per coin to $20,000 per coin in 2017. After a 20x spike, it is only natural that we can expect a major correction. But it needs to be seen for how long this correction will last.
Precisely, this is a cycle that will never stop, and moving in one direction is impossible. The increase in 2017 was like the hype. There was a great increase without stopping, and such a fall would be expected.
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hxtop
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April 14, 2019, 08:24:52 PM |
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By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.
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Distinctin
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April 15, 2019, 05:17:12 AM |
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By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.
For the last 3 months, bitcoin has been stable, it has reached its bottom and did not dump anymore. Only this month where it changes everything, we have a big pump and we can think this is also a big start for the bullish market. People are looking for the bull market because they know the experience, we have been here in the past and we like to go back again.
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breathlessz
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Trphy.io
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April 15, 2019, 06:10:05 AM |
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By Looking back after all, we can consider a lot of things in a more intelligent way. 2018 is very sad for many people, but this year has also been a year in which bitcoin has a solid foundation and how it can survive despite multiple challenges and pressures.
For the last 3 months, bitcoin has been stable, it has reached its bottom and did not dump anymore. Only this month where it changes everything, we have a big pump and we can think this is also a big start for the bullish market. People are looking for the bull market because they know the experience, we have been here in the past and we like to go back again. I hope it can continue its trend to continue to rise, but at least Bitcoin shows its strength to fight the bearish trend, which during 2018 occurred. this denies that BTTC will bubble, like many people worry about it
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incomefromcoins
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April 15, 2019, 06:48:43 AM |
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after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars
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yusupjatigumilar
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April 15, 2019, 11:22:03 AM |
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It is natural that after the price of a commodity has experienced a very extreme increase, it does not rule out the possibility of further extreme correction and it is difficult to recover because the resistance point that must be penetrated is very strong, as happened in 2017 and 2018 this is a turning point at the same time correction from the previous price peak. Many traders and investors feel acute stress because the value of their assets becomes very cheap and has almost no price at all. Finally, many of them reluctantly make a sale, and of course it becomes a trigger for prices to fall deeper and lure other people to sell at lower prices.
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Osarman
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April 15, 2019, 08:00:46 PM |
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Yes definitely there are lots of things that to be corrected in the year 2018 and it is the most unexpected year for every Crypto investors to stay without any profit in the whole of the year but in the 2019 will be little different from the previous year and there will be lots of chances of development is happening right now .
Lol, my question is where did people get this idea that Bitcoin needs correction? ::)Okay, Bitcoin needs correction and what about other coins, do they also need correction and was it why their prices decreased? The price of Bitcoin fell because people sold off and the demand also decreased. That’s what I believe.
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kemetz
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April 16, 2019, 01:42:53 PM |
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after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars
it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again. we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur.
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gabmen
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April 17, 2019, 09:31:42 AM |
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after seeing the year-long downtrend now we are witnessing the up trend probably once the positive news we may see 5500 dollars price thereafter next price may be 7000 dollars
it still cannot be predicted for the next price increase because the current upward trend in the price of bitcoin is only stuck up to the price of just $5500 and the price has been corrected again. we can only hope that the increase can continue and the price of bitcoin rises to a higher level now because we have waited too long for that moment to occur. We'll take it one step at a time dude relax. We're seeing a good support line at the 5k levels right now. That's a 1k increase for support not even a month ago when we're trading 3.8 to 3.9k. I'd like to think this is a transition phase and it's ok if it takes us time.
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