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Author Topic: pump end or only correction?  (Read 1941 times)
dark08
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May 18, 2019, 05:50:57 AM
 #121

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?

We already in correction situation since Bitcoin pump for so long from wave 4 the possibility to touch is around $6500 to $6300 then we will see a wave 5 but this is only my observation on the chart it can be happen or not since Bitcoin is so unpredictable if you got a profit now then sell it and take your profit just wait for hard fall to enter.

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miningguru
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May 18, 2019, 05:51:30 AM
 #122

I saw on news that some whales dump bitcoin at $6200 maybe this was the cause of the decrease in price of cryptocurrency, also we had so much gains in the past weeks so it also need sometime for correction then it will go up again hopefully in the $9k region.

Some much gains to the people who invested the coin at the peaks level but people who invested in altcoins are not making any profit but only the price are increasing which they have invested more amount into the altcoin. In order to pump the altcoin, it will take some more time the price of Bitcoin and ETH decreased in the market.
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May 18, 2019, 06:01:05 AM
 #123

I saw on news that some whales dump bitcoin at $6200 maybe this was the cause of the decrease in price of cryptocurrency, also we had so much gains in the past weeks so it also need sometime for correction then it will go up again hopefully in the $9k region.
What news? It's only a gossip i guess, because the price of bitcoin is not even reach $6,200 right now. It's only a correction i also believe that, because based on what happen on 2017, there is also a correction when the price increased. It's the same thing happened right now.
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May 18, 2019, 06:05:21 AM
 #124

I would say it's a correction. A scary one at that but Eth is back up to $243 and btc to $7400 My fear is, since this is still weekend, would the correction still linger on or we are back to bull?


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May 18, 2019, 06:06:09 AM
 #125

I think that it is not necessary to direct a panic. This is a common correction that many people have foreseen and managed to sell and re-buy at $ 7,000. Soon we will see Bitcoin for $ 10,000.

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May 18, 2019, 11:22:29 AM
 #126

I think that it is not necessary to direct a panic. This is a common correction that many people have foreseen and managed to sell and re-buy at $ 7,000. Soon we will see Bitcoin for $ 10,000.
The normal correction for different instruments is about 20%, but now, if the next goal of 10,000 goes on at this pace

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May 18, 2019, 11:54:40 AM
 #127

Would be a very strange thing indeed if Bitcoin only went up in a straight line. Technical analysis can to a certain extent tell you about the trend BTC is in and where it probably is heading next.
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May 18, 2019, 12:00:33 PM
 #128

I feel we need to wait and see what will eventually happen though I see this  as a coorection to the price of coins.
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May 18, 2019, 12:16:41 PM
 #129

I think that it is not necessary to direct a panic. This is a common correction that many people have foreseen and managed to sell and re-buy at $ 7,000. Soon we will see Bitcoin for $ 10,000.
a few days ago i believed that bitcoin would reach $ 10,000 in a short time, but i thought it would feel strange.
i think the correction must be there so that it doesn't look like fraud.

so i stopped to panic and thought again to be more calm and take advantage of the current situation to collect more coins.

onrise
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May 18, 2019, 12:19:57 PM
 #130

Would be a very strange thing indeed if Bitcoin only went up in a straight line. Technical analysis can to a certain extent tell you about the trend BTC is in and where it probably is heading next.

It was minor profit booking that happened due to which some few hundred dollars had came down and again it has started to rise back and fall inline if 7500$ And would continue to move back to above 8k levels soon . So no one should panic .

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May 18, 2019, 12:47:10 PM
 #131

This fall seems to be caused by a large order to sell 5,000 BTC on Bitstamp recently. But I think that very soon the market will continue to grow, because there is still positive news about Bitcoin and many investors and organizations are actively investing in Bitcoin.
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May 18, 2019, 12:51:18 PM
 #132

i think when binance open deposit and withdraw there is sudden dump in bitcoin more 800$ become people converted there fund into altcoins. then big whales pump and dump bitcoin. but i think it will take correction again. lets hope for good profit. but its request dont sell your fund in loss. in Crytocurrency hold is gold.
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May 18, 2019, 12:57:59 PM
 #133

I think is the normal market strategy, it should be correction, days to come Bitcoin might dropped more after it will now maintain a stable price, that is the only time altcoins pumps

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May 18, 2019, 01:08:11 PM
 #134

Someone purposely dump a lot of bitcoin so don't ever think that this was a correction or end to the pump. They are trying to slow us down and I'm very thankful that a lot of buyers are still supporting the price to be around $7k. This is not serious and this can be another opportunity for people to buy at $7k before we reach $10k very soon.
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May 18, 2019, 01:09:05 PM
 #135

I am also sure that the decline in bitcoin prices is only a price correction, and later the price of bitcoin will rise over time, so don't panic
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May 18, 2019, 01:26:17 PM
 #136

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?

We already in correction situation since Bitcoin pump for so long from wave 4 the possibility to touch is around $6500 to $6300 then we will see a wave 5 but this is only my observation on the chart it can be happen or not since Bitcoin is so unpredictable if you got a profit now then sell it and take your profit just wait for hard fall to enter.

But in my opinion the current state of bitcoin is a correction and this is a natural part of the market. Like in 2017 before bitcoin touched $19k, bitcoin passed a lot of corrections. So I'm sure now it's better to save more and wait for the pump to return.

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May 18, 2019, 04:59:12 PM
 #137

100% is just a correction. Bitcoin and the rest of the top coins have already shown new growth today. Another thing is bad, namely that altcoins from the second ten and below do not grow at all in price.

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May 18, 2019, 05:20:46 PM
 #138

The market has just started to gain momentum and I think it's not going to fall and will make the most of the correction, which, I think, will not last long

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May 18, 2019, 05:22:57 PM
 #139

I think you do not need to get upset in advance.  Because real growth is still ahead.  Altcoins have not yet fully manifested themselves.  And Bitcoin has not reached $ 10,000.

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May 18, 2019, 07:01:50 PM
 #140

I think while everything is going well, it's just a correction. Don't panic, we have seen this already many times, waiting for a new rise in prices.
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