Where the correction ?

[oHnK]

I think from now on we will not huge corrections in Bitcoin as institutional money started to come in. This means Bitcoin's value will stabilize around some sort of fair value which I believe will be around 30000 dollars in near future. But of cource Bitcoin's bears will pull it further down to levels around even 15000-20000 for sure. So invest low, play low is my strategy now.

it is only your provisional prediction because you haven't felt it.  Every price increase experienced by Bitcoin and other Crypto is always experiencing a correction.  Especially at this time what we are experiencing is an increase in prices at the highest level.  At some point in the future there will be a decline due to the latest BTC levels.  Price correction is needed in order to maintain the authenticity of the supply and demand prices in the market.

[1714296934]

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[1714296934]

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[Mulann2]

I think from now on we will not huge corrections in Bitcoin as institutional money started to come in. This means Bitcoin's value will stabilize around some sort of fair value which I believe will be around 30000 dollars in near future. But of cource Bitcoin's bears will pull it further down to levels around even 15000-20000 for sure. So invest low, play low is my strategy now.

it is only your provisional prediction because you haven't felt it.  Every price increase experienced by Bitcoin and other Crypto is always experiencing a correction.  Especially at this time what we are experiencing is an increase in prices at the highest level.  At some point in the future there will be a decline due to the latest BTC levels.  Price correction is needed in order to maintain the authenticity of the supply and demand prices in the market.

With regards to what the poster predicted about Bitcoins BTC price pull back, I came across this site some time ago and I am monitoring the BTC price to see if it is following the pattern and what the likely price will be in case of a price pull back which is expected in some time.



Even if the price was to pull back by 10-91-2022, you can see that the likely price would be around the $15k+ he said.   

[perfect999]

If you have taken notice, I believe we have been having this corrections because if you check the market trand, you will most certainly see that Bitcoin and the other ALTs have been witnessing some number of this corrections though I don't think there might be one huge correction until when the Bear market is about to the stage, but for now it think it is only going to be all this small corrections that we will witnessing.

Correction is correction, bear is something else. Correction is when people buy from cheap, the price goes up way too much and people sell from those prices. Now that means there will always be corrections the higher we go, there will always be one, there is nothing we could do about it. But the reality is that people could sell under what they bought as well, correction is when they take their profits when it goes up, but having some sort of drop and bear run means someone who bought at 50k could sell at 40k as well.

So the difference is, if we are going up, and then there is a drop that's a correction, if we are going down and keep going down, and people still sell anyway, that's a bear run. I believe a bear run will not happen anytime soon, not around this period, but corrections will keep on happening as long as we keep going up.

[Grafen]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

There will be a correction, but not now. Possibly after the pandemic recession

[TheGreatPython]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

There will be a correction, but not now. Possibly after the pandemic recession

I think correction will come when the usa economy recovers, and I do not mean people who are wall street CEO's who make money neither, I mean people who are living from unemployment checks, usa is not doing good, even my nation known for not being that great of a nation handled it better.

Looking at how bitcoin is pegged to dollars, I have to say USA economy is the most important one and we need either those huge corporations that got insane amount of money from this period to end up buying billions of dollars worth of bitcoin right away, or we need the economy to recover so that regular people could end up buying bitcoins as well. I think neither option is available right now, which means either we will be surprised, or a correction will come again to make it more appealing to people who will end up spending money on bitcoin again because it dropped.

[nicecrypto]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

I can say even from November to now can be referred to as, "A Long Time Coming" Because I believe it would have been mad profits if you still hodl your investments and that correction you where talking about has not really happened yet cos I also know you meant, the real Bear market? Yes, I too believe all those Big Investors is surely giving this Bull circle and extended run and hopefully to the end of 2021.

[Issa56]

There will definitely be correction after a bull run them correct is just expected you don't just expect to be seeing only bull run without correction happening so no matter the coin you are holding after the bull run always make sure you are prepared for correction or dump. Since you are already in profit I believe you should follow all your trade up with stop loss because nobody can say the magnitude of the correction or the dump so that's why yoh have to follow your trade up with stop limit to avoid lose of fun.

[LUCKMCFLY]

There will definitely be correction after a bull run them correct is just expected you don't just expect to be seeing only bull run without correction happening so no matter the coin you are holding after the bull run always make sure you are prepared for correction or dump. Since you are already in profit I believe you should follow all your trade up with stop loss because nobody can say the magnitude of the correction or the dump so that's why yoh have to follow your trade up with stop limit to avoid lose of fun.

You are right, prevention must prevail first of all, Stop Loss is the best option for this type of uncertainty in the market, the correction may be an impulse for Bitcoin to reach a possible new ATH, it is better to assume a controlled loss than save hope and lengthen a loss, as recommended by Jesse Livermore in one of his books, you must cut the loss and lengthen the gains, in my particular case I never put my stop loss greater than or equal to 10%, it is always less , up to 8% I am able to allow myself to lose, if I lose I leave the market and wait for another new entry, the market is always benevolent and gives better entries and new opportunities.

[pankowri]

You can reap trustable news and information published about the recent market. If you afraid about the correction that may be collapse by the fake bull run so you can cash out your invested money but if you think the correction is positive that can make your investment more profitable then you can linger and catch sight of what happens.

[shoreno]

investing all your money in those coins are risky but your lucky that you earned 12x  . why look for correction what are you going to do  ,dont you wanna earn more profits ?  but dont worry correcion is just around the corner , itl come out when its ready but promise that you wont cry and start looking for bull . i dont know about your coins but the party in btc isnt over yet  ,  i can say that it wasnt a fake bull that happened based on time the bull have spent .

[Wawa2013]

With all the coins you choose, and none of them, in my opinion, are popular coins, in my opinion you are very lucky if you succeed in getting profit
from the coins that you have mentioned in the opening post. I do not recommend that you currently invest in coins other than the top 10 crypto,
because the risk is very large if you intend to invest again in the coins that you mentioned in the opening post. For now, choose coins that are popular
with high volume, it should be safer and the profit generated is quite large. For when there is a correction, since Bitcoin went up to the price of $ 61k,
it seems that until now the correction has not been too deep. Maybe this is the effect of many institutions that have started investing in crypto,
so the price of Bitcoin and altcoins in my opinion is relatively stable.

[Dusang1998]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

Not the correction, but a bear market will come sooner or latter. Ofcourse it will not be a sudden. It will take a year or two to reach bottom. You can expect price of Bitcoin decrease 80%.  So lets say it happen now it would mean for price to go under $10k.  For altcoins you are talking about price can decrease for more than 95%.

i dont thinks its gonna decrease that low, on the other hand, there are possibilities to go over $100k.

[nakamura12]

You think that it is a fake bull?. I don't think it is since the price of bitcoin is currently as it is right now and I don't see any problem with the price of bitcoin to decrease or increase a bit but if it will decrease too much then it is more likely a  fake bull but in this case the price did increase and stayed for a while. Try to set a stop loss.

[Mauser]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

It is has been a few month now since Bitcoins rallied so much. So far there was no really correction which is a good thing. Seeing Bitcoins trading on above 50,000 USD for so long just seems like the new normal to me. In my opinion we will not experience a big correction any time soon. Let's all ahope the party will go on until next year.  

[carlisle1]

No longer due to manipulation but more on the right track. There are many investors now who've got a much stronger hands.

They are more willing to take the long term and maximize their profits.

You think that it is a fake bull?. I don't think it is since the price of bitcoin is currently as it is right now and I don't see any problem with the price of bitcoin to decrease or increase a bit but if it will decrease too much then it is more likely a  fake bull but in this case the price did increase and stayed for a while. Try to set a stop loss.

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

It is has been a few month now since Bitcoins rallied so much. So far there was no really correction which is a good thing. Seeing Bitcoins trading on above 50,000 USD for so long just seems like the new normal to me. In my opinion we will not experience a big correction any time soon. Let's all ahope the party will go on until next year. 

Might found the new barrier, this stability inside $50K mark brings more confidence with new investors.

Looks like that it will continue and it will bring more hypes incoming weeks or months. Better to aim for long term investment for much better benefits.

[jostorres]

You think that it is a fake bull?. I don't think it is since the price of bitcoin is currently as it is right now and I don't see any problem with the price of bitcoin to decrease or increase a bit but if it will decrease too much then it is more likely a  fake bull but in this case the price did increase and stayed for a while. Try to set a stop loss.

Bitcoin is doing fine, but look at altcoins, those are the ones that show what type of bull we are in right now. BNB even reached the all time high of 440+ dollars and thats crazy, this was the coin that was 10-20 dollars last year. Which is why I think we are doing awesome, we were literally half of this last month when it skyrocketed, think about it, a coin increases nearly 10x in a month, and a month later it doubles on top of that.

This is why I think we are going to be doing great, there is not going to be any type of problem with this. I am not saying that we will continue down this path forever, but all I am saying is that we are doing fine for now, it is not a fake bull and it is going super strong. If anyone is doubting the power and the price of crypto currencies, they should just take their money out and leave, saying they don't trust it and still having money in makes no sense.

[fillippone]

Every day the bitcoin follow the Stock to flow model, a deep correction of the market becomes less and less probable.
If you want to know more about the Stock to Flow, the only model that can still be deemed viable after years and two halvings, please read my thread here:

Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity

[TimeTeller]

Every day the bitcoin follow the Stock to flow model, a deep correction of the market becomes less and less probable.
If you want to know more about the Stock to Flow, the only model that can still be deemed viable after years and two halvings, please read my thread here:

Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity

This thread is really nice. A more in-depth look at bitcoin market.
Also, checking the bitcoin stock to flow model live chart, will give you good insights on what may happen in the next few years.
And this will give you confidence that bitcoin market will be heading in the positive direction
But anyway, I don't understand why people are asking for the correction here.
Why not enjoy the current market and maximize your opportunities here?

[proTECH77]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

Bitcoin is unpredictable which anything can happen at anytime in this moment of bull that is going on in the world. Those companies that want to be part of bitcoin benefits are those companies who really believe that  the corrections is not fake. Many people are set to achieve something good from bitcoin because is about to hit $70k in this season of profit making.

[Renampun]

to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.

a market correction is a difficult thing to guess at this point...
the market is really moving violently, what is showing is the performance of the bulls. in recent months it looks like the prices of most cryptocurrencies will be very good and for sure we will see Bitcoin making new ATHs over and over again.