Are We All In Agreement, There Is A Small Pullback Happening Right Now?

[voyager23]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

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[jossiel]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars..

Good for you then.

Will this usually pull back around 20% - 30% and fire back up?

Just always remember that it's not a going up forever sequence. It has to correct and it has to dip somehow or a pull back is always necessary. You don't expect an unstoppable increase but with small dips, that's making it better if you're a bullish guy.

But to see if there's a pull back now, I don't see that there is. Bitcoin just got into another $49k ATH.

[TimeTeller]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars..

Good for you then.

Will this usually pull back around 20% - 30% and fire back up?

Just always remember that it's not a going up forever sequence. It has to correct and it has to dip somehow or a pull back is always necessary. You don't expect an unstoppable increase but with small dips, that's making it better if you're a bullish guy.

But to see if there's a pull back now, I don't see that there is. Bitcoin just got into another $49k ATH.

And in the first place, no one can tell you if there will be pull back and when, and how much.
But it is true, the rise is not forever, so expect there will be correction along the way.
But right now, I don't think we are in the pull back stage as we are hitting more than 49k as of this moment.
So for the OP, no one can exactly tell you what will happen in the next days or months.
You will only hear speculations from different individuals, but that's all there is.

[lobo13hf]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

It will. You can see what's happening with dogecoin now. It gets -10% decreases in a few times. I do agree s amall pull back is happening caused by the correction is not yet coming right now.
Even bitcoin was creating another ATH too. It looks like that people are going so crazy these days to accumulate more crypto.
It will be going back again when the pull back will be ended very soon but it's only happening with some coins.

I see that the majority of coins are still on the bulltrend. The chart tells us everything.

[Review Master]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

Indeed, it's better to not become a panic seller/trader to regret in furture. Also, correction is needed to start a bullish rally and it's the right time to have any correction so that more institutions can enter into crypto market to start the bullish rally again. As always, panic traders will buy back soon which will uptrend the whole market.

[Stanlo]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

What's your plan? Do you even have a target? For some people 30% gains is enough and as far as there will be corrections there is nothing to worry about for them, corrections is an opportunity to buy more, OP only you can give a answer to your question, how much are you willing to make? Is your target met already or not?

[bonyaserg]

There is always a fall or rise in prices in the market. Accordingly, the price of the cryptocurrency will also fall and rise again after an indefinite time. This is a good opportunity for traders to take advantage of this situation and make good profits from buying and selling. But at the moment, the main coin Bitcoin is growing. But soon the price will drop slightly to a certain level.

[Febo]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

LOL anything can happen. What you said is most possible version. But there are more chances. We could reach a temporary to and price could decline for half year and then make another higher top like it id in 2013. Or bear market that will last 2 years simply start now. Always be ready fr anything in crypto.

[Sanitough]

I wish it's just a small pull back, if this isn't then maybe bitcoin is not really meant to reach $50k this year, and the correction will have to start again which means more opportunity as prices will be dipping when that happen.

Bitcoin will dip, so as altcoins, but do the right timing which we cannot assure but we can make a good decision if we carefully study the market and bitcoin's price history, why I'm saying bitcoin price history? because this market is fully dependent on bitcoin's movement.

[X-ray]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

It's happening right now but it's going back again dude. It looks like your prediction has become a real thing consider the market suffered the sudden dump by the whales. I see that someone was feeling panic to create a thread about the dump.
It will pull back again consider bitcoin is still stable at this moment. Im thinking about altcoin will be dumping again when bitcoin can still stable on its rate.
My friends were getting trapped at the peak price and they have suffered more than 20% lose for their investment.

[jossiel]

~snip~

And in the first place, no one can tell you if there will be pull back and when, and how much.
But it is true, the rise is not forever, so expect there will be correction along the way.
But right now, I don't think we are in the pull back stage as we are hitting more than 49k as of this moment.
So for the OP, no one can exactly tell you what will happen in the next days or months.
You will only hear speculations from different individuals, but that's all there is.

There's a bit of pull back that happened and it wasn't felt at all because the price gets back to $48k and then gets stable to $47k. Not just on the forum that he'll read about speculations and predictions to the market.

But if ever he goes in other platforms and forums, no one can tell him exactly which is going to happen about pull backs and other set backs for the market that he's following. It will not be a surprise anymore if bitcoin gets to $50k.

[velive08]

yes it's a correction, the 30% drop may be too big for now. for me the real thing will be a correction of 5-10% maybe hla realistic, but now I know there are some altcoins that may be experiencing a decline, for example doge. you can try to learn this

[Febo]

..., if this isn't then maybe bitcoin is not really meant to reach $50k this year, ...

And less than a day latter Bitcoin went over $50k.  It can go over $100k this month. Probably it will not but it can go. All we could and should do is sit back, relax and enjoy the ride.

[bluelogic]

Us old ones know how this works.  There will always be a correction.  When is unknown.  That might be at $100K Bitcoin and $10K Eth.  What I have done for years to pile high and deeper is sell at ATHs a few ETH/BTH.  Then I just wait for it to swing down and buy back all the way down.  Then go to sleep for the market to recover.

In the last market run-up, I bought at $70 hundreds of ETH and sold it at $1000 then dollar-cost averaged all the way down.  I see no difference in today's market.  Yes, things are different, there are new players, banks, excitement, all emotions, and excitement of lambos.  The same stupid people saying you are missing the boat or it will never go down are still around preaching the same BS.  

Tell you what if I have a massive institution investor what I would do is destroy the price of Bitcoin and ETH and ravage the retail investor to sell all the way down and buyback by the millions, then pump the price back up to record profits.  This is what I'm hoping for to happen.  I want to see the price burn to the ground that people throw their ETH at me "Again" and "Again"

Bluelogic  

[Oilacris]

You are right, there is such a price cheat on Bitcoin. There is a feeling that all this will collapse at any moment and that it will happen soon. Although it is difficult to predict the behavior of Ethereum. But everything moves in a spiral, if there is a hill, there will certainly be a decline, the main thing is not to miss these two main stages. 

There are only 2 stages which is rising and dumping, bull and bear market this is why we should really be wise on when to exit and when to enter on dealing with this market.

Pullbacks? Those are common but there are two type of corrections which is one those typical small percentage drops and to those drops that we do call market crash just like what
happened like on that 20k down to 3k market.

Lets not set aside those probabilities because it can really happen even we do saw that support and acceptance is different now compared to those old years
but doesnt really still able to give out 0% for it not to happen.

[habo8]

Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars... Will this usually pull back around 20% - 30% and fire back up?

Market can not move in straight manner so after sometimes it takes correction. In the previous correction, i have sold and closed my position due to panic situation in the market but now I am seeing, I can be 50% up from my that portfolio so we have to keep patience in order to remains in the crypto market.