Big BTC price correction incoming????

[STT]

Big up and big down makes basic sense but its where we end up thats most of interest.   I wont argue that much in favour of an immediate correction because we have sold off along the way to some extent which increases strength slightly.   But price moved too fast to involve the whole of the market so that leaves it open to sellers joining in a top heavy way.

Right this moment there is no hint of a negative at all, not that I can see clearly.   We are back to the 2 day average, which has regularly marked lows before we rise again.   Especially on the weekend, it seems to drift up and perhaps Monday it sells into main market action.

[sayaya17]

There’s a slight chance a correction could happen, but it doesn’t seem to go too deep. If the  current price of bitcoin was  at  $40k,
a correction to $39k-38k, it wouldn’t be a major correction. But anything can happen to  bitcoin.  If you  already  profit a lot  from
investing in November, there will be no blame if you want to sell your  bitcoin at the current price. The decision is yours. There are
no precise predictions for bitcoin’s highly fluctuating price. Moreover, the bullrun  this time  is very  excessive, the  rise  is too fast.
But we don’t know if it will experience a rapid decline as well.

[LogitechMouse]

When will the next correction occur in your opinion? Also how big of a correction will it be?


I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.


 

If I will say that next week will be the time when the crypto market will make a correction will you take it??
If somebody will say that there will be no correction at all will you take it??

If only somebody knows when will be the next correction then he or they might be rich by now since the know what can happen in the future. Regarding to your small investment, its your decision when to exit and when to enter again. Having a plan will help you trade better. Now if you are asking when will be the correction then ask Nostradamus maybe he can help you .

[traderethereum]

In my opinion, given the recent ascents that have taken place without stability, there should be a fall, and these prices are a bubble.
And if, in the optimistic state, 40,000 bitcoins can maintain their position in the same range, we can see a good thing.
But in the other theory, the price will fall to 35,000 or 32,000 and then we will stabilize.

Even if I do not want to see a drop to $35,000 or $32,000, if that downtrend comes, I can not do anything except following the trend.
We have a chance to buy more bitcoin if we want, so we can use that downtrend and get bitcoin at a low price.
These situations are unpredictable as after the bitcoin price increase yesterday, the price seems stable at the moment, and we need to be prepared for anything that can happen.
If the bitcoin price drops in the next few hours, we do not have panic, but we can watch closer to find the best time to buy more bitcoin.

[shoreno]

When will the next correction occur in your opinion?

If I will say that next week will be the time when the crypto market will make a correction will you take it??
If somebody will say that there will be no correction at all will you take it??

If only somebody knows when will be the next correction then he or they might be rich by now since the know what can happen in the future.

i think yes he will take it because that its his motive for askin but he will only take it if he thinks that the user that gives prediction are talking more serious ,

i know predictions arent 100 percent but still its better if we are sincer of giving it but if theres someone that will say that there will be no more corrections , that is automatically false and no need to ask why its because btc are created this way to have a correction