How btc price correction make things right. And what you should be aware of.

[jrrsparkles]

Correction eliminates the weak hands from the market but it doesn't mean it make the whole thing right in my opinion. Well corrections are inevitable,if there is a bumo there should be some corrections on the prices after a while to get the range of the asset to be shifted.

[dunfida]

Correction is normal and we should expect this when pump happends. This indicates that the market is healthy and traders are grabbing their profit that time. If correction doesn't happen then it's just a pump and dump scheme like any other crypto out there.

It is normal in the market if there is sudden price correction happen, do not be afraid just because the price retrace because it only means that the market is in bullish movement. I tell a lot of people that they must be afraid if there is no correction that happen because for me it is where the whales can manipulate the market where they can dump the price of the bitcoin. The price is now in Multi year high so it means that the trend is very strong. If you will also use higher time frame which is weekly and monthly, you can also observe that the price of the bitcoin is now doing good. The correction and the pause of the momentum are normal, do not sell your bitcoin just because a retracement happened.

Sell if you are a short trader or active ones yet theres no point to hold and do still wait for the next market move and this is the most important thing where when you do see some gains then sell it immediately
and wait up for another step or possible movement neither this is the new bottom or would wait up for correction.Also, a healthy market do compose of that normal pump and dump/correction.We cant just see
a market that will continously rising up because its already some sort of manipulation on that manner thats why its up to someone profit taking or goal because not all would really be aiming for long term
but rather on short term sell-offs.

[lienfaye]

Top altcoins are always good investment either for short or long period. However each investor should understand how the coin work, dont expect it to skyrocket if btc pump because they have their own process and time on when to show progress.

Always understand what you're getting into whether its a new or old coin its a must to have your own understanding. They are different in their own ways so its a must to know their uses first.