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Author Topic: pump end or only correction?  (Read 1645 times)
aprilnot
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May 17, 2019, 05:44:55 AM
 #1

See the market has started to fall, all crypto coins show red. many say this is a correction at the moment, but there are some who say that the Whales has begun to Dump altcoin.

so does this mean the pump is over?

bitcoin has returned to 7000, without any major changes to altcoin. do you think this is good?

who is here who got the profit from the altcoin yesterday?

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May 17, 2019, 05:51:26 AM
 #2

This is more than a correction, it's a pure dump who bought earlier thinking that bitcoin will have more pump. If it was a correction, it would be more slower than it is now.

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May 17, 2019, 06:02:26 AM
 #3

i think its a correction, and after this, the pump will be more crazy like last year, at the moment when eth at over 1k$ each.

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May 17, 2019, 06:10:39 AM
 #4

I think this is probably a change in the market. btc will hit the $ 9000 mark. From the beginning of the year until now, the market is tending to increase slightly and slowly.

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May 17, 2019, 06:14:52 AM
 #5

To me this is not a correction movement ,correction movement should be slowly done not the sharp drop ,I think few whales took the advantage ,drop what they can either btc or alt I can't say for sure

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May 17, 2019, 06:16:05 AM
 #6

Maybe its going to be a little correction since lots of so-called analysts are saying that the price might drop back to $4k-$2k. Traders are probably taking some of their profits now.

 
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May 17, 2019, 06:19:41 AM
 #7

Nothing can be concluded by this moment looking over the variation in the market. During the time of bull trend there won't be steady growth. There will be price crashes, recovery, correction, resistance development and various things happen which can be understood going through the charts. With all that factors what's been taking place at the moment looks to be the market correction as the entire cryptocurrencies have encountered price drop.



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May 17, 2019, 06:24:19 AM
 #8

This is just a correction after a continuous increase in the price of the coins especially Bitcoin. This is normal already and it is better that a correction is happening at this moment compare to what happened in 2017.

We saw already what happened after the continuous and nonstop rise of Bitcoin. From 1000 it went up to 20000 at December and the year after is a year of miseries. Year where the market has undergo a very huge correction.

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May 17, 2019, 06:24:45 AM
 #9

i think its a correction, and after this, the pump will be more crazy like last year, at the moment when eth at over 1k$ each.

Looks like more of a dump to me, the dip is very huge and the gap is very wide, holders were looking for a profitable dump and the finds it at $8000 level, but there will be a correction after this, I'm sure the confidence of the investors to buy more are still there.

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May 17, 2019, 06:27:26 AM
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 #10

Investors are been wise ,taking out there profits while they can and I guess the smart ones detect there will be a huge correction that might drag down the price a lot so I think that's what happening presently ,this doesn't mean that the surge in price won't continue again ,crypto is unpredictable

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May 17, 2019, 06:37:07 AM
 #11

Here we go again  Grin

Now that price is going down, the claim that we are now in a bullrun is gone again? Will we see another set of "when bullrun" questions if it goes below $7K?


I'm sure the confidence of the investors to buy more are still there.
How can you tell?
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May 17, 2019, 06:39:09 AM
 #12

See the market has started to fall, all crypto coins show red. many say this is a correction at the moment, but there are some who say that the Whales has begun to Dump altcoin.

so does this mean the pump is over?

bitcoin has returned to 7000, without any major changes to altcoin. do you think this is good?

who is here who got the profit from the altcoin yesterday?

I don't know what if the pump end. But correction has done.

Bitcoin tried to break resistance of 8300 2-3 times. And it didn't.

Now we just should wait for support. Probably, it will try for one time more resistance again.

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May 17, 2019, 06:50:25 AM
 #13

See the market has started to fall, all crypto coins show red. many say this is a correction at the moment, but there are some who say that the Whales has begun to Dump altcoin.

so does this mean the pump is over?

bitcoin has returned to 7000, without any major changes to altcoin. do you think this is good?

who is here who got the profit from the altcoin yesterday?
Even i am wishing it should be correction after couple of months dump now only market started some growth i am not wishing for another dump . Lets hope for the best . Whales might already decided what to do we cant say exactly whats happening.
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May 17, 2019, 06:57:50 AM
 #14

unpredictable price fluctuations, I think this is just a correction, although it looks like a dump that is too deep, some corrections must occur when the market starts to improve, no one knows and can predict, hopefully the expected
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May 17, 2019, 06:59:07 AM
 #15

Maybe its going to be a little correction since lots of so-called analysts are saying that the price might drop back to $4k-$2k. Traders are probably taking some of their profits now.

yes, this is only a corrections according to my analysis,
but i never think if bitcoin will be back to $4000 again my friend, because thats too deep for a corrections

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May 17, 2019, 07:28:38 AM
 #16

in my opinion this is only a correction of the increase that occurred yesterday and after the correction is finished, then I am sure all cryptocurrency prices (including Bitcoin) will increase again and of course increase will higher than yesterday price, so I suggest you to hold all the coins that you have and wait until the bull run really happens this year.

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May 17, 2019, 07:51:01 AM
 #17

there is no ETA about the bullrun for altcoin because that used any update from the developer. This is a correction and imagine after bitcoin has surged from 4k rate to the almost 8.5k rate and isn't that a normal when bitcoin gets a little down caused by the correction to the market. Bullish is not over yet and the next will come in the future.
Just waiting for the bottom to get in the market. 

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May 17, 2019, 08:04:21 AM
 #18

if you think that this is a small correction, hopefully it is really a correction and not the end of the pump period. many people put their hopes and confidence in the return of the glory of the crypto world where they can find profits easily and not losses

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May 17, 2019, 08:09:49 AM
 #19

We are probably in the disbelief/sucker's rally phase. Many will get out at break even or with lesser losses at this time. And then, some support levels will be tested and the price might likely go sideways and then continue upwards.


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nicster551
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May 17, 2019, 08:14:15 AM
 #20

See the market has started to fall, all crypto coins show red. many say this is a correction at the moment, but there are some who say that the Whales has begun to Dump altcoin.

so does this mean the pump is over?

bitcoin has returned to 7000, without any major changes to altcoin. do you think this is good?

who is here who got the profit from the altcoin yesterday?
I got the profits from the altcoins yesterday and change it to USDT, might say that was a good call. And yes this is just a market correction and this is normal. My buy zone in bitcoin price is at 6.8k up to 7k level. But no one knows where does the market heading, we must always do tight stoploss as trading right now is very risky.

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