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Author Topic: next Bitcoin price correction WHEN?  (Read 487 times)
arwin100
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February 21, 2021, 11:00:40 AM
 #21

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.



No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain.

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February 21, 2021, 02:36:09 PM
 #22

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.



No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain.

Easy to say but would really be the hardest thing to be done  on where you do wait up for the best opportunity for you to neither enter or exit with the market.
We might be seeing a very bullish market at the moment but we know the odds or chances of some flipping does really happen and we have learnt our mistakes
in the past that you shouldnt let yourself fall into FOMO.Its clear that adoption is really on the different level now but doesnt mean that the market
will continue to rise up forever.Best thing to do is to utilize up these movements for you to make money instead.

R


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February 21, 2021, 03:17:30 PM
 #23

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?
The daily scale is gradually growing in crypto market, so we can expect before end of the year it will reach $100k and lot of possible news was automatically comes in the market so we see $60k to $80k on next growth of Bitcoin. But we must actively monitor the every day market because pump and dump is possible on anytime in decentralized platform so we must ready face the all situation of Bitcoin.
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February 21, 2021, 04:43:50 PM
 #24

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?
It is hard to predict when we will see a correction, i was waiting for a minor correction when the price crossed its all time high valuation but then the Paypal investment took the valuation beyond the levels which i did not expect in a short period of time and now there are more investments in billions and it is hard to predict when we might see a correction.
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February 21, 2021, 05:37:28 PM
 #25

No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain.
I did see this poll and I know that polls are not really things that really matter and they are not always right, they are in fact more wrong than right most of the time, we have seen that in politics as well, however in a crypto market like situation where what people think matters the most, I think polls are very important.

In that poll there were just 9 thousand people give or take (maybe more now it was a tweet someone posted I couldn't find it now) voted and those voters said that the biggest possibility of a bear is at least autumn, because for the next 6 months or so they are still expecting this run to continue via the profits alone, and new big companies coming in, if these next 6 months is not "as good" as the past 6 months, then of course a drop could start by around September or so, that was what they were thinking. Very very very few people said it would be this month or next, and only a few said spring, so many think it is either summer or after summer ends.

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February 21, 2021, 09:42:17 PM
 #26

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?

Corrections this time couldn't be foretold, and the situation remains unpredictable because its a hard guessing. We're at the midst of huge value, and if you can imagine $20k has been doubled by now yet we're heading towards $60k. That's really hard to analyze based on current saturations at this moment because, even there's a possibility of downtrend, the value was still sustainable.
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February 21, 2021, 11:57:08 PM
 #27

The  price was correcting from Jan start to 27th Feb and then we've broken up since then.  Right now there is no real clue to any weakness in the price especially with bullish news such as Canada ETF for Bitcoin starting.    Of course actual usage of BTC counts more but for now there is plenty of speculation and buying to fuel the prices and bullish perception.

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February 21, 2021, 11:58:52 PM
 #28

The  price was correcting from Jan start to 27th Feb and then we've broken up since then.  Right now there is no real clue to any weakness in the price especially with bullish news such as Canada ETF for Bitcoin starting.    Of course actual usage of BTC counts more but for now there is plenty of speculation and buying to fuel the prices and bullish perception.

There's no one who can predict the exact time period when the correction will occur. One can only make a prediction but it doesn't mean, it will come true. So this kind of question is very subjective and you will only receive so much speculations here. Even you apply all the TAs that you know of, still it is not a guarantee that you can get an accurate market price. There are so many factors involve in crypto, so you can't just pinpoint one major factor that will influence the price in the market.
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February 22, 2021, 05:36:28 AM
 #29

It actually slowed down this 55-57k.
I think that is a sign that a correction will come.
As for my max prediction of the bull, above 60k might be the most difficult to break and upwards.
$45k as my lowest when the correction happens.
But that's just my own prediction. It's still your choice at the end of the day.

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February 22, 2021, 05:47:49 AM
 #30

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?
The volatility of the price of bitcoin is very high such that price had been experiencing minor corrections in recent times, predicting the exact period when the market will experience a major correction is beyond the imagination of any speculator, even now when institutional adoption of bitcoin is growing thus making it even more difficult to predict the price who knows whether there will another new adoption just like that of Tesla? all these positive fundamentals news will not triggers any major price of Bitcoin rather the price will trend bullishly upward.

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February 22, 2021, 06:29:23 AM
 #31

No one for sure cannot predict the price or rally or anything else. Everything is speculation from price to demand. We all want to see as much high price as possible and this is said without anything that can be as greedy as possible, honestly we all want that. To be able to see that price is something that we want or hoped to be good for us. But then comes the greedy part. No matter how price comes to be high as possible we always want more and more.
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February 22, 2021, 06:50:51 AM
 #32

~snip~

No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain.

I think this day the correction comes because the price is down at the $55k level. But we do not know when the correction will stop, and the price can bounce up to the high price. It is normal to see the correction after the price reaches a high peak, but we are getting a good chance to buy back bitcoin after selling some at a high price. We never know what will happen after this, and if you think that this time is the best time to buy bitcoin again, you can place your order buy before the price start to increase.
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February 22, 2021, 07:29:28 AM
 #33

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?

This month wouldn't initiate a big correction, bitcoin still stabilized a good price ATH which entire February would remain profitable for holders. Doing short trading is good but be careful when selling during downfalls, you won't notice price recovers faster. In March try to observe the market charts for bitcoin in several exchanges, corrections is possible but it won't fall until $40k but we'll see below $50k.


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February 22, 2021, 08:44:10 AM
 #34

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?
How i wish we all knew when this happens because for sure we can anticipate being go with the dumping.But none of us knows when this come and how much is this ..But one thing is fore sure , we will not be advised when this comes  Sad So better watch the market and set your stop loss or else you'll be end up losing a chunk of your investment.

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February 22, 2021, 10:39:17 AM
 #35

Bitcoin is any time to up and down. So it not easy to guss thi price. People check the price day by day in the market place. Bitcoin now day by day increasing. So people befor invest check the price market then people invest. Bitcoin is any time to hit the price. So wait and hold the Bitcoin long time. Then you get more profit and get more information.

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February 22, 2021, 11:06:40 AM
 #36


We are almost to the point of correction already. The price is overly high already I'm sure it's overbought but because of the USD devaluation, there are investors still coming to buy BTC. I think once covid is over that's when we see the real drop. As of now, I can see some tokens are just starting to go up. Crypto.com (CRO) looks like a late bloomer but its gradually regain its position.

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February 22, 2021, 11:57:14 AM
 #37

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?
No one knows when the market correction will happen since the cryptocurrency market is an enormous venture but the market is said to be expected whenever the market successfully makes a big pump in price and it not possible for the Bitcoin market to make the $80K-100K without any correction.
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February 22, 2021, 01:18:32 PM
 #38

Hey, if you have been looking forward to a stronger correction then here you are at that exact moment. From more than $58,000, the price of Bitcoin at this moment has already fallen down to around $53,000. That's at least $5,000 in correction in just several hours.

This is it. To those who are waiting for a deeper correction so that they will be able to enter at a much cheaper price, this is your moment.
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February 22, 2021, 05:33:32 PM
 #39

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?

There was a correction just few hours ago. Price dropped to $47622 on Binance. Remember to catch such corrections and to be able to buy them you need to have active orders set at right price on the exchange before the dip happens. Pretty impossible to do it perfectly.
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February 23, 2021, 01:49:21 PM
 #40

Bitcoin is any time to up and down. So it not easy to guss thi price. People check the price day by day in the market place. Bitcoin now day by day increasing. So people befor invest check the price market then people invest. Bitcoin is any time to hit the price. So wait and hold the Bitcoin long time. Then you get more profit and get more information.
That is the problem right now as well, the price dropped like 4-5% and everyone started to be insanely scared of a huge bear run coming, all because of a 4% drop? Like seriously how long have you been in crypto, can you not realize that 4% drop in bitcoin is not a bear run but just a correction and in order for us to call it a bear run it needs to be over 15-20% drop? I am not saying this to you, I am just saying it to people who fail to realize that bitcoin could go up or down 5% and that means nothing, it doesn't mean we are suddenly doing awesome, it doesn't mean we are doing horrible neither, it just doesn't mean anything at all.

We are going to end up with some people who overreact, there is no way to stop them mate, I know you do see it and think it is funny because I do think it is funny as well and I know how you feel but there is nothing we can do.
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