Bitcoin may face a price correction before reaching to $25K

[DashingAgent]

Bitcoin may face a price correction before reaching to $25K

Possible that bitcoin will face a price correction above $17K before reaching to $25K, this price correction is necessary to avoid massive selling to protect bitcoin to hit all time low just like whichever seen before as massive selling brings more selling pressure so trade with caution.

[bassbity]

Possible that bitcoin will face a price correction above $17K before reaching to $25K, this price correction is necessary to avoid massive selling to protect bitcoin to hit all time low just like whichever seen before as massive selling brings more selling pressure so trade with caution.

indeed the correction will definitely occur. considering the current trading volume is quite large and unpredictable. although not far from the $ 17,500 range and above. because the ATH is new and hasn't passed a full day. need to be aware of and still have to pay attention to price movements .. because it is very risky. much less buying for $ 20,000 and up.

[bunglor]

I'm not really good in trading but when the price correction occur was it the best time to buy more Bitcoin? I mean is it a good way to enter the market for those users who missed the $20,000 break?

[The Cryptovator]

It doesn't necessary to make a bigger size and bold your article, it will discourage readers to read your post. Anyway, we have seen many time bitcoin has been contracting before massive pumps. When drop price? During the correction, holders become panic and start to more sell. As a result bitcoin dump more. But time most probably we will not see a massive dump or correction, it's because there is much positive news around bitcoin and many big investors accumulating and holding bitcoins. I will not be surprised if see bitcoin crossed $25K when I wake up in the morning even without any noticeable correction.

[mu_enrico]

My gut feeling says it will go more than $25k. Once it drops, I'm afraid it will go to bear market once again, but with higher lows.
I think a rather deep correction will still trigger take profits on bots.

[carlfebz2]

Bitcoin may face a price correction before reaching to $25K

Possible that bitcoin will face a price correction above $17K before reaching to $25K, this price correction is necessary to avoid massive selling to protect bitcoin to hit all time low just like whichever seen before as massive selling brings more selling pressure so trade with caution.

Correction is always on the line and also the price hadnt able to breach 24k which means there's a strong resistance into that point and the price had somewhat rebound into that roof and
now we are playing something in 22k which isnt bad considering that 20k is the previous ATH.

There would always be a correction or pullback because we cant just see a market that would really be having a continous rise on a very long period of time.Those movements wont really
be organic anymore yet it is considered to be some sort of manipulation.

For now the best thing to do is not to worry yet you can buy out anytime if dip do happen.Always be wise on making out decisions.

[Issa56]

Am very sure there will be price correction in bitcoin before it will hit $25k!!! Bitcoin might retrace to $17k or $15k before bouncing back to $25k and above. Just a suggestion from my observation.

[Renampun]

market correction or market saturation has often occurred in all cryptocurrencies not only Bitcoin...
currently, Bitcoin price continues to rise and is going towards $ 25k, most likely a market correction will occur but not in the near time. *prepare yourself for a possible market correction

[DashingAgent]

Why people will hold it? while they can buy more at lower lows?

It doesn't necessary to make a bigger size and bold your article, it will discourage readers to read your post. Anyway, we have seen many time bitcoin has been contracting before massive pumps. When drop price? During the correction, holders become panic and start to more sell. As a result bitcoin dump more. But time most probably we will not see a massive dump or correction, it's because there is much positive news around bitcoin and many big investors accumulating and holding bitcoins. I will not be surprised if see bitcoin crossed $25K when I wake up in the morning even without any noticeable correction.

[DashingAgent]

For your kind of information, bitcoin is now down on hourly bases, the shortfall we seen today was about only for 15 minutes *$23K to $21K

Bitcoin may face a price correction before reaching to $25K

Possible that bitcoin will face a price correction above $17K before reaching to $25K, this price correction is necessary to avoid massive selling to protect bitcoin to hit all time low just like whichever seen before as massive selling brings more selling pressure so trade with caution.

Correction is always on the line and also the price hadnt able to breach 24k which means there's a strong resistance into that point and the price had somewhat rebound into that roof and
now we are playing something in 22k which isnt bad considering that 20k is the previous ATH.

There would always be a correction or pullback because we cant just see a market that would really be having a continous rise on a very long period of time.Those movements wont really
be organic anymore yet it is considered to be some sort of manipulation.

For now the best thing to do is not to worry yet you can buy out anytime if dip do happen.Always be wise on making out decisions.

[DashingAgent]

Never, do not expect $15K, $17K is very unlikely since it is the very last strong support zone.

Am very sure there will be price correction in bitcoin before it will hit $25k!!! Bitcoin might retrace to $17k or $15k before bouncing back to $25k and above. Just a suggestion from my observation.

[South Park]

Possible that bitcoin will face a price correction above $17K before reaching to $25K, this price correction is necessary to avoid massive selling to protect bitcoin to hit all time low just like whichever seen before as massive selling brings more selling pressure so trade with caution.

Corrections are always necessary however what I wonder is if this time around we are going to see just a correction or we are going to see the same that happened during 2017 and we will see another massive crash? The answer to that question is critical, institutional investors have finally come to the market so the level of support should be greater than what it was in the past, but if they decide to make a quick profit at our expense the crash could be even larger than the one we saw back in the day.

[jossiel]

It's normal that bitcoin get to correct first before reaching the peak that it has made. Just like what it did when it has first reached $19k again for the time after 3 years, we've got to break $20k after it has corrected at the price of $16k.

It is a very necessary analysis to look at that matter if you're aiming for a more realistic price height for bitcoin. $25k is just another peak but it could also do the same rapid increase that it did when we're surprised at $20k, it did $21k and so on. The support that op is telling is secure price which we'd love to see and won't see a bottom of it anymore.

[crzy]

Price corrections is expected but we can’t know on what price Bitcoin will correct, its hard to speculate right now and I’m quiet scared to buy because I might get trapped so I tend to buy more altcoins for now. Bitcoin proves to be a great cryptocurrency after it rises from the bottom, I’m so excited for a more future pump but for now, I’ll wait for the bottom price again.

[bittick]

Am very sure there will be price correction in bitcoin before it will hit $25k!!! Bitcoin might retrace to $17k or $15k before bouncing back to $25k and above. Just a suggestion from my observation.

that depends on the what will be coming in the next days. As far as I know, there are a bunch of big news have been coming from the bitcoin before it can surpass 20k rate and if there will be more good news and it can drive the price of bitcoin to increase even higher or surpass 25k rate for sure. It's very easy to surpass it when there's a piece of good news for bitcoin.
This time people have started to sell some of their coins and waiting for the decline to happen.

[pixie85]

It's also possible that it will hit as high as 26 or 27 thousand before facing a correction because it often overshoots targets in both bull and bear markets.

After a reversal last year people were thinking that it would stay above 5000 dollars but it went as low as 3850. It's the same with bullish predictions. Most people await 25000 so we could go higher than that in a FOMO rally. I don't think it will happen this year but maybe in the next 3 months.