next Bitcoin price correction WHEN?

[veznata]

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?

[1715036102]

1715036102

[mk4]

The answer to almost anything concerning price: no one knows.

If you can't trade, just dollar-cost average[1] or "DCA". With DCA, your holdings increase in value when price rise, and you get to buy coins at cheaper when prices drop. And as long as you're going to hold and continue to DCA for the long-term, chances are, you're most likely going to win.

[1] https://dcabtc.com/

[Crusherxy85]

No one knows...

Right now I have the feeling we only get small correction at around 10-20% and the way up will go till end of the year.

[bassbity]

Yes, we see that bitcoin's degradation will skyrocket, so when the correction has been met, getting to $ 80,000 is already the next month's target. just look at this month bitcoin has shown a very crazy increase. we'll be waiting for it at $ 100,000. be ready to tighten your grip. the correction is still not visible.

[thecodebear]

We can only guess.


But we can say it is unlikely a major weeks long ~30%+ correction will happen very soon because we literally just got out of one literally 12 days ago! Not even two weeks ago! We should probably not expect another correction to start before the end of March.

Good chance Bitcoin moves up to the $70k - $80k range before the next major correction. It could go even higher before the next correction.

[aoluain]

Firstly, why does there have to be a correction?

and secondly, by correction I would guess a lot of people are expecting a 20%+ but
it might be 10% drop.

Its a very different market compared to 2020, the majority of Bitcoin being bought
now might not be sold until the long term, whenever that will be, 10, 20 or 30 years
and beyond

[Review Master]

some people even expect no correction until 80-100K.

Everything possible in this current bull market, but possibility of correction is higher than the number of those people. But it might happen that the rate of correction will be smaller than previous one. Also, it's not sure that correction will be happened within a days because it'll depend on the support level of Bitcoin. On the other hand, Microstrategy will buy more bitcoins in the upcoming days and there is high chance of correction as well because they'll make announcement after purchasing that and market will be in correction before that announcement which was previously happened.

[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?

Don't be deceive for bitcoin market can't be determine(forecast) by anyone yet becasue the market still developing. What i personally believe in bitcoin is whenever the price move above some reasonable percentage i quickly take out profit then watch the market after which i go again for purchase. More also, i learn to re-invest my capital during my stay with a particular project, mostly the top altcoins on marketcap. Currently, i exited the market before the $57k+, so, during the forthcoming correction i will swing into action again.

[plr]

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?

I am aware of the correction but I don't dwell on that I prefer to look at the market and how high it can go and at the same time make a profit while going up, have you already made a profit or are you still thinking of investing and afraid of the correction, this is one of the risks we have to take in consideration, but if we are comfortable on funds that we are going to invest, you will be ok to proceed.

[TravelMug]

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?

$80k-$100k? Yes that within the realm of possibility now.

For correction, no one really knows, as long as there are more buyers then we won't see any corrections. But we all know that this kind of parabolic rise is not sustainable as we might go on the overbought region. So we will have to wait, a dip of 5% would be normal in this kind of super fast rally.

[Fundamentals Of]

Who are those people who are expecting no correction until Bitcoin reaches $80,000 to $100,000? If they indeed exist, then they are absolutely wrong. Correction is a basic occurrence in a market even in the midst of a bull run. If you take a look at the graph it is not a straight line. There are red candles every now and then, some longer than the other. These are the corrections. Bitcoin reaches almost $58,000 but it also fell down below $55,000. If you are imagining the correction to be severe with Bitcoin losing everyday, it might not happen soon.

[Natsuu]

NO ONE KNOWS

For the last few months, people are always saying the correction will happen, and the price will not go up to 40k again, and they're proven wrong. CAUSE NO ONE KNOWS!, but Elon Musk can easily make a correction possible just by withdrawing his btc, and tweet about it.

[pooya87]

It depends on what you mean when you say "correction".

Usually during bitcoin bull markets we have lots of corrections with many different sizes and durations. Most of the times they are small and quick for example price coming down from $57554 to $54000 (-6.1%) was a correction that we had yesterday and you seem to have missed it.
Then there are rarer corrections that are bigger in size and can go up to 30%. They also usually take longer to conclude too. Like going from $42000 to $28000 (-33%) last month.

It is hard to predict which type and at what time a correction is going to occur. Speculating about them is a combination of technical analysis, experience and generally by looking at the momentum of the market and the level and successful of the FUD in the media.

[LogitechMouse]

In a bull run, it is very hard to predict when it will stop and when the correction will happen.

In general, it is really hard to predict when this will happen. What we can do is to predict, read the charts and speculate which prices can be a huge resistance of Bitcoin.
Like @mk4 said, DCA would be the best way for us holders to gain some profit at least. I have been doing this for more than a year now and I'm very happy with the results of it . If you have a job, put a portion of it into buying Bitcoin and hold it.

[Reid]

It's difficult to provide an accurate answer for that.
Even with technical analysis, you cannot assure it's going to hit the mark.

What can you do about this?
Always just be ready. If you want to enter the market at a cheaper price then you should check the daily fluctuation.
Monitoring it be boring but that's the only way you could maximize your profits.

[LUCKMCFLY]

At this time it is difficult to predict, because when observing the volume in the Bitcoin market you see that it mostly represents more purchases and sales, this means that most are looking for more bitcoin, perhaps because of the emotion of thinking that they are buying when millionaires buy, or when celebrities are buying, since they know that when the big ones buy they decide to do it because for them it is cheap and that they do not buy to lose.

The correction may come but I don't think it will be a bleeding correction, it could be too small, to gain strength and continue increasing, but of course, anything can happen.

[adaseb]

Here is the issue with corrections during strong bull markets in crypto. Usually when it rallies, it rarely corrects. And when you finally get a correction where you get a decent entry its either too early and you are underwater or its not a correction but instead a trend reversal and start of the bear market.

Look what happened today, everyone wanted to long ETH at $1975 so they did and shortly after it had a huge crash down to $1800 pretty much. We all assumed $50K would provide some correction to at least $42K which never happened. The bull market of 2017 was similar. We topped $20K, got a good correction all the way to $10K and then never went back up to break ATH.

[blue_nexus15]

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?

Bitcoin made a new ATH yesterday at $ 57kk.  But then there was a very quick correction from the market to drop the stop at 53k4 (locked up $ 4k / hour) but continued to change rapidly again at $ 56k.
 I think this move is looking at the bulls' initiative by reaching a favorable compatibility point for ATH that could make earlier.  This buying stimulus may expand further next weeks at 65k$.

[Saisher]

I'm ok with the correction I always anticipated that, it's a window of opportunity for most traders and should look with positivism, correction or no correction the market is doing great and will eventually reach $100k hopefully it will happen in the last quarter of the year, by then I have funds so I can buy more in the market.

[maydna]

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?

If you ask about when the correction comes, I am afraid that no one will know for sure. We can only guess that it will happen in the next days, weeks, or months after we draw a line based on the market's current situations. But that can't be a sign to see when the correction comes because the correction will difficult to predict. But we can guess that every time the price is down, that will be the correction for the price before it can have a chance to increase back to the higher price.

We don't know if the price can increase to $80k-$100k and then the correction will come, but if that is the prediction, I will be happy to wait for that because I can try to make as much profit as I can and then prepare to buy bitcoin at a low price.