Major Correction on its way !

[semobo]

We faced the orrection stage for more than one year so it is still coming?

I didn't see any downtrend with the current market condition because the prices were moving upwards slowly.

We can't say what tomorrow will bring inside this industry, the market is so wild though you are correct we already facing corrections back 2018 and with how the market behaves right now, we are trying to stand this ground, not sure if how will this corrections be move but I still believe that reversal between bear and bull is near, maybe the last fall will be followed by a huge bull to run much stronger and lift everything up.

It is ian highly volatile market but for the recent days we are getting some stable growth ehich is actually making more people to invest on the cryptos so there will be nu dumps anymore uless a whale decide to make it happen.

[rosezionjohn]

$20K to $3K is already a major correction. BTC has been moving up and down from $3K to $4K so what major correction are you expecting? Something like below $2000?

[Tahdayi]

$20K to $3K is already a major correction. BTC has been moving up and down from $3K to $4K so what major correction are you expecting? Something like below $2000?

Of course there may be a correction and up to $ 2000 and can still be about 1800, the main thing now is better to be out of the market and wait for the development of what will happen next

[dhiraj0977]

Hope, it will become true, all predictions about correction or recovery proves to be wrong in the last year, really eagerly waiting for crypocurrency market to recover, which never look like return or stable in last one year.

[TravelMug]

I do not know what you mean by correction here if you mean reversal then it is yet to be seen because markets have been trading in ranges for many weeks perhaps months so for me clear indication of reversal will be when btc breaks above 4500 and 5000 and then finally 6500.

Exactly, I don't understand what correction the OP is saying. Is he saying that the price will slowly go down again after reaching $4k?

We have attempted to break that $4k barrier but it seems we've seen a struggle, the last time we broke it we went as far as $4200 but it doesn't have that kind of momentum so perhaps this is what the OP is stating (As far as I can understand).

But if we are talking about a rally, or at least a shift, then definitely we need to break $4500 and then $5k and see how farther it goes. So let's see how it goes, we just hope than in the next 2 months, $5k is within our reach.

[Yalovtsev]

How many of these predictions have been, it is ungrateful that most of the predictions have shown that they are not implemented at all,and the thing is that there are major players who speculate on prices and other things and do not allow the price to grow strongly,and do everything possible to earn, and earn will not work if other money

[ralph_0608]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

I hope it will i'm able to sold my altcoins when it rally last week and waiting for the market to fall again before reentering in the market. So far market shows down trend signal specially for altcoins while bitcoin are trying to hold at the 4k$ territory.

[Bittalk12]

It would be better if you could provide us a chart or a link of screenshot sing imgur so that your reader will have a basis on what you are asking. On my own opinion, these price corrections on bitcoin and other altcoins are normal or I could say that these cryptocurrencies still have the strong price resistance that they were unable to break or hold for a longer. A price correction or losses can be avoided by traders by maximizing stop loss option.

[kodtycoon]

I did not see that there would be a big correction later, the indications were not seen by the way big corrections what you mean on the trip. mate big correction has occurred before you even made this thread

[ra_pl]

You can show a proof of what you need . I could help out , I also studied python programming.  About the major correction is not really clear. Even on slack you have to show the codes that gives you error.. An image of what you want to resolve is needed.

[I Like Bitcoin]

I read the opinions of some experts and they argued that the price of Bitcoin will continue to fall. So, I think we still have time to buy Bitcoin at a more attractive price.

[andrejka]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

Look at the daily volume. It has increased significantly. The level of 3900 is very strong at the moment. The market is obviously looking healthier than ever and is ready to grow...I think very soon we will see a strong pump. Hope that it will be the start of the new bull run till the new historical price highs

[insidertradingeverywhere]

there is no correction, because this is still on a bearish trend. and I also think from the beginning of this year the market did not move. there is no increase in prices, only a small rally in the market.

I agree, there is a false breakthrough, I think the correction will be but not stronger than the min. this year. I expect further growth only in summer.

[sell my ac_________nt]

I think that phase correction already ended and came the flat. The main question is how long it will last and how soon the growth will begin again.

[artdisrupt]

On the week chat the prices have experience bullish trend with ltc taking the leading ,bitcoin refuse to the 4250 resistance twice now. This calls  for a major pull back to a get a stable support level. This downward trend will be for a short term.once we have steady support of 3500 is reach ,bitcoin will go a major rally.

[Bonwin]

Have been running my midterm predicting market modeling oscillators for about 3 hours now (i do some stuff in Python and R)

and it clearly shows a major correction downward is on its way

Anyone else doing some stat calc here?

This is not something new and obviously, that us what has been happening since 2018 till date. Except you mean that a major recovery is on its way. A lot of expectations are high, most especially on my side and based on what so many experts have predicted. There will definitely be an improvement.

[tippytoes]

I think that phase correction already ended and came the flat. The main question is how long it will last and how soon the growth will begin again.

No one can exactly answer this kind of question. And to be honest, we really don't know that what we are having right now is the bearish period. No one can predict what will happen, they are just pure speculations of the market. Even using technical analysis, it is not a sure way of predicting things just mere guide of what's gonna happen. And most of the time, they do not happen as predicted.

[Distinctin]

I think that phase correction already ended and came the flat. The main question is how long it will last and how soon the growth will begin again.

No one can exactly answer this kind of question. And to be honest, we really don't know that what we are having right now is the bearish period. No one can predict what will happen, they are just pure speculations of the market. Even using technical analysis, it is not a sure way of predicting things just mere guide of what's gonna happen. And most of the time, they do not happen as predicted.

We are all just into presumptions and speculations, and there is no assurance if that major corrections causing this bear season to stay for long.
Even that, I'm a little bit satisfied of how the market shows us lately and we move actually. We still don't know if there is a big surprises in the middle of this year, lets just be hopeful for that.

[ioanbtc]

The correction not happen at least not this days when you start your topic and say maybe a correction will come. Better hold and wait, wait for a grow and not for correction but we can't know what will happen

[dark08]

On the week chat the prices have experience bullish trend with ltc taking the leading ,bitcoin refuse to the 4250 resistance twice now. This calls  for a major pull back to a get a stable support level. This downward trend will be for a short term.once we have steady support of 3500 is reach ,bitcoin will go a major rally.

Everything can be change any moment we saw some increased in the past few days but its suddenly down again and refuse to stay on $4k, personally the bearish trend are too abuse all this time.
Since theres a lot of good news that comes in the market we already to bullrun?