next Bitcoin price correction WHEN?

[Kasabus]

I believe it was answered already and probably we know already why it happens like this. Because if there is someone who could tell the future of Bitcoin, I don't think that able to enjoy its volatility. And that because it remains unpredictable, we can just answer "MAYBE".

Maybe it was clear enough to say that nobody holds the future of Bitcoin and that even the creator never has control over it. Every drop and pump is a big surprise for everyone and we need to accept that rather than formulating any speculations.

[sana54210]

Corrections often happen when price starts to go down, and what I had observe lately was a simple stabilized price of $50k range. It doesn't go down and go up so fast, it's optimized price which I seen a strong momentum build up. We're still far from the reality of $100k, struggles can be so harsh for now due to more challenging market.

The price have to go down eventually when we are in a situation where there are no more buyers but right now everything looks great. As long as there are good enough buyers, that means price could basically reach to a good level, all we need is those buyers. I am not saying it is impossible for bitcoin to actually crash, it could happen, but how could it do that when we have the highest increase for now?

We are doing fine and as long as we keep doing fine there doesn't seem to be a scare. Even when the price dropped a lot, we have recovered from the it because there are buyers and as long as you have the buyers for it, the price can't go too low and people know this so they end up buying as well. It is just a situation and there is really nothing to worry about this situation. I personally feel fine about our future.

[Becky666]

BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?

Though the time the post was made should be consider in this regard. During that time the post was made and now should explained to you OP that nobody can defined the market movement, what we all are doing this time is just for guessing and not that we know exactly what will happen to the Bitcoin market. I will continue to say this: not even the experts knows the next happenings around Bitcoin, and for your information the correction is what we are inn currently.

[SirLancelot]

Need to stay furious, this can happened as word coming from this influential person creates huge impact to the entire market.
Be aware that there are still many traders who are buying the news.

With how we seen the market,  deeper analysis helps to avoid making wrong decisions. now, the price is moving down chances that pressure from weak holders are adding up to this trend.

If you are into long-term investment, you are not affected but instead you'll see this as another chance to add
more and wait for another rise.

while it's possible to happen, Elon will really come out as an asshole to the community if he influences the market to crash. It could even affect his company itself. the TA is always a good way to see the future price and how low the correction would go before it will bounce. it may not take 2-3 months actually who knows or the market could be turning bearish til another influencer like Elon ot Saylor comes to save the market.

There is no way Elon does something just because it would be great for his company, we all know that dude doesn't care about his companies in the financial sense because he wants to achieve something and he does that no matter what the costs are, dude even talked with some dictators to get some extra cash to do what he could actually achieve, he doesn't care where the money comes from and what the situation is like as long as he does what he can.

He was in trouble with SEC many many times so far as well. All in all I have to say that we are in a situation where Elon could totally say bitcoin is horrible and nobody should ever buy it and crash the market or he could just convince board to buy 1.5 billion dollar more, everything is possible with him.

[Noctis Connor]

I believe it was answered already and probably we know already why it happens like this. Because if there is someone who could tell the future of Bitcoin, I don't think that able to enjoy its volatility. And that because it remains unpredictable, we can just answer "MAYBE".

Maybe it was clear enough to say that nobody holds the future of Bitcoin and that even the creator never has control over it. Every drop and pump is a big surprise for everyone and we need to accept that rather than formulating any speculations.

It is true no one really knows what really the future of bitcoin but after the bullish of price correction "maybe" we are into another stage of climbing the bitcoin price into another level of it's price we always depends on the supply and demand but mostly those prediction it will come true just always trust and don't have any second doubt about it. Well we new that bitcoin is really volatile and its centralize that's where people make a good profit whether it's long term investments or short terms As long as you set your goal for it then you always believed in it and of course into your self.

[Natsuu]

Need to stay furious, this can happened as word coming from this influential person creates huge impact to the entire market.
Be aware that there are still many traders who are buying the news.

With how we seen the market,  deeper analysis helps to avoid making wrong decisions. now, the price is moving down chances that pressure from weak holders are adding up to this trend.

If you are into long-term investment, you are not affected but instead you'll see this as another chance to add
more and wait for another rise.

while it's possible to happen, Elon will really come out as an asshole to the community if he influences the market to crash. It could even affect his company itself. the TA is always a good way to see the future price and how low the correction would go before it will bounce. it may not take 2-3 months actually who knows or the market could be turning bearish til another influencer like Elon ot Saylor comes to save the market.

There is no way Elon does something just because it would be great for his company, we all know that dude doesn't care about his companies in the financial sense because he wants to achieve something and he does that no matter what the costs are, dude even talked with some dictators to get some extra cash to do what he could actually achieve, he doesn't care where the money comes from and what the situation is like as long as he does what he can.

He was in trouble with SEC many many times so far as well. All in all I have to say that we are in a situation where Elon could totally say bitcoin is horrible and nobody should ever buy it and crash the market or he could just convince board to buy 1.5 billion dollar more, everything is possible with him.

Your first paragraph is contradicting in its own sense. "he doesn't care where the money comes from", so he can manipulate the crypto, whenever he wants it for him to gain a great income without making himself the bad one. One simple tweet, about his trade and the market will immediately move. Though he recently cleaned himself with the issue of him making his companies buy crypto, as he is don't want anything personally to do with it, so he is investing his own asset.

[Baofeng]

they do not invest to earn a few pennies, these people enter the market to earn millions.

The institutional investors already earned billion worth of profit till now and it is time that they will book their profit and it is not a big surprise that we are seeing correction every alternative day. It is hard to predict what these institutions will be planning to book the profit and i wont be surprised if some of them book their initial capital and then reinvest again and keep on doing that in cycles for a while.

It's possible, perhaps some of them have book their profits when we reach $58k at an all time high, so that is good for them. But as far as correction, again this is not new in the market, maybe why is want enlarge is because of the media and we are in March, wherein history the price really goes down this time in the past. So let's see how this month will do, the price seems to trade between $47k-$49k, the pattern now is sideways. So, it's going to be tough for us, if the price goes dip again at the line of $45k. We will see how it will turn out at the end of the week, and hopefully we go above our support line.

[STT]

2 day average about to cross above the weekly average which was a bullish switch last time it happened.   Watch for this rather then weakness first, worth paying attention to whether we qualify upwards as if it fails then it may lead to some measure of weakness from speculators leaving positions.   Its not especially weak in this moment overall, we've outlasted the bulk of selling seen last week initially.   Really strong price action might occur when we trade above 49 to 50k area with a 4hr closing bar;  seems like there is a process of consolidation that requires some patience in conclusion as to our direction.