RED is spreading like a wildfire

[MonsterV]

I have not for once expected price to keep increasing because we are in a volatile market where we can not predict the future but we can only speculate about it but not accurate. The market today is not in a good state however correction is part of the market and at that we have to go through this phase.

yes right, correction is part of the market when prices rise or fall, each growth must have a correction without correction that bitcoin will not reach its high point. When correction, we can make a signal to do OP before continuing its growth. And I think now is the time to do OP in support areas.

[Siren]

I believe that this is only proving how healthy our market is,and some corrections happens as normal situation in this profiteering
And as we see,bitcoin strongly hold at above $7,000 so it wasn’t a big effect because the bull run starts at $3,500 and now we’re at more than double of the value
If this correction ends for sure Op is right that we will be seeing the $10,000 by the end of Quarter 2

[d1ceplayer]

[im g]https://pbs.twimg.com/media/D6wGKcHUcAA5FzH.jpg[/img]

Right now, the cryptocurrency marketplace is colored RED as the correction is setting in. Bitcoin lost around 10% of its price after touching the $8,000+ level the other way and is now steadying at $7,300+ for now. Other major altcoins followed the same trajectory as they also shed some   of what they gained the past few days. Interestingly, just a huge single transaction triggered this ongoing "crash" if I am allowed to use this term.

Just another turn of events confirming how volatile bitcoin and the rest of its gang is...one day we are all excited as it passed the $8K level and then soon we saw the red spreading like a big wildfire. However, volatility is a two-edged sword...soon it is back on the game and on track to win over the $10,000 prize.

This wild redfire could be considered as the start of a major thing coming up. Anytime bitcoin or any other coin reaches top there is at least some minor dumps experienced where a lot of big whales start buying the coins. These kind of dips are usually common before the high pump coming up so I do not think major number of peoples would mark the price fall as fatal. Instead even though falling 10%, bitcoins are up as the price for them weeks before was struggling to cross $5000 which now is above $7000 which itself is a great achievement. The price for bitcoins may cross $10,000 which would be my first target followed by second and third targets.

[Nadziratel]

I think everyone should be told first. Bitcoin has a great impact on the market. And if you have a move at the price of Bitcoin it is not safe to ever have a altcoin.

[Pattart]

This has become part of the nature of the market and not all goes straight and continues to increase and there is time to go down, the market fluctuates and prices can change significantly from time to time which cannot be predicted.
and now the price of bitcoin is around $ 7,000 and in my opinion it's still in a pretty good price situation compared to prices in the previous month, it's just a correction and the market or bitcoin is likely to recover and rise again.

We know that prices will not continue to rise in the long run, unless bullish has occurred. but in fact it hasn't, so you have to be prepared with a correction and a falling price. quite surprising because the price dropped by more than $1k in 1 night and it made the whole market bleed, but I see the price back up slowly, do you guys think this is a chance to buy?

[vit05]

Today is green. Everything can happen on weekends, But I think we will not go below a lot more. Maybe it could touch 6k again and go back. And I think alts will start to correct against Bitcoin. Maybe for a 54%, 53% of dominance. There is more FOME on altcoins marketing them on Bitcoin right now.

[Johnzky]

Volatility of cryptocurrency shows when the market moves like this,this is the proof that we have the active market and the health of trading activities here
We have seen many of this movements from the past and even in the present so what more can we expect?the important thing about the market is the proof that this can grow higher and can be fall bigger,but for now let’s just focus on what the value and how this can help us

[sandra_x]

The dips are market correction after the crazy ride in last couple of days.It seem only bitcoin was having the bulls until the pull backs and altcoins had some time to pick some gains. The ride will return soon, trade volume is still very high

[Nhor1011]

That is the reality in crypto market. Volatility is always present. Investors are convinced to invest in crypto because of volatility. It gives more profit than with an stable value of bitcoin and other coins in crypto world. That is the significance of cryptocurrency for everyone who believed and invest on it.

[Astvile]

This will just happen in a short period of time,price correction is just for a moment and we will experience green market soon.Bitcoin will jump up to $9000 next green trend and thats for sure.This is how crypto market work green then red train and then shoot up again volatility at its finest

[jonas5222000]

I have not for once expected price to keep increasing because we are in a volatile market where we can not predict the future but we can only speculate about it but not accurate. The market today is not in a good state however correction is part of the market and at that we have to go through this phase.

Yes,we dont need to expect too much because the market is totally unpredictable but if there‘s a suffering in the market there are always convenience too.

[Eraldo Coil]

I think having a green in this past few months is already a good sign that bitcoin can increase its price. If the market continues to go red, then I think I'll go back in looking for opportunities to make investments and wait for another bull run. But I still think that a bull run will still come this year.

[adzino]

It would be better if people stop comparing the prices in short run. The price was around like $3,800 USD just the last week or so. And look at the price now. It is still above $7,300. We are still in the green side of the market. Yeah, we did reach the $8,000 point, but we couldn't hold it for long.  This does not mean that the market has now started to bleed. Have you not learned anything from the past few years?

[Indamuck]

Were you really expecting the price to just rise with no dips?  This is normal market behavior for crypto.  Now the real question is how low will we go again? Perhaps bitcoin can go under $6,000 again so I would average in your buy ins and don't go all in at a particular price.

[tegarp90]

It was just an usual correction for a bull run.
It will go stable in a day and prepare for next bull run, buy some before it's too late

[Fredomago]

This will just happen in a short period of time,price correction is just for a moment and we will experience green market soon.Bitcoin will jump up to $9000 next green trend and thats for sure.This is how crypto market work green then red train and then shoot up again volatility at its finest

Correction over another, this situations is a cycle where gainers are indeed cashing out and new investors will find this as an opportunity to
place their investment, we have to be more positive and collect every possibilities to ride with the momentum.

[Cacingkemi]

The red zone will not continue to flush, only correction while there are people who sell and take profits. Hopefully this won't continue and I'm sure the green zone will be seen in a few hours.

[onrise]

Feels like it can correct even more before pumping up again. But I think we are done for now so up we go

The green is getting a bit back again at the moment but we have to see if it will hold, if so a rise could be expected again for sure.

Market has moved till 7400$ recovered from 7100 so this is a good sign that it is not just falling but also can bounce back from it . Yes it has fallen but does not mean it will not rise again and thus I feel good time to buy again as it will rise again .

[Spaffin]

Do not worry so much about the current fall in Bitcoin prices. It is very good that he periodically leaves for the correction of his price. This is usually evidence that he is able to continue to grow further. I would worry more if now Bitcoin would constantly grow in price very strongly. In this case, he is necessarily very low and would fall for a long time. And now the situation, on the contrary, is conducive to good price growth.

[rdbase]

Most are saying this is a healthy dip because it rose a huge amount in a short amount of time. What was it $1000 in less then a 48 hour period?
That is not organic growth of anything to increase by this much and be sustainable for an extended amount of time.
Let the correction happen and if it will bounce back like it usually does then let it and we will see it reach higher then what it was three days ago at $8350.