Febo
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February 23, 2021, 09:14:06 PM |
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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. It seems I was wrong. there was new correction today price on Binance was got to $44892. Hopefully we ill not get new correction tomorrow and I will have to correct my self again ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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vintages
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February 23, 2021, 09:44:13 PM |
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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?
Recently there is drop in price. We might want it as correction but with the way people are pointing at Elon Musk as the cause, I don't think it the correction we are waiting for. And this is because every correction should be natural without influence. Don't be surprise if you see, price drop to 40k or even below. Even at as that, it's a good thing.
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kesmex
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February 23, 2021, 11:32:54 PM |
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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?
Keep an eyes in March, because according to history, March was a month for bitcoin correction, and before March the altcoin price dumped up to 30%, because bitcoin price corrected 10% - 15% of course, this made traders panic and sell crypto assets, even though it's still bullrun. So correction is a natural thing, we wait until March, hopefully March is not a month of correction but a month of recovery.
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arwin100
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February 23, 2021, 11:38:20 PM |
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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?
Keep an eyes in March, because according to history, March was a month for bitcoin correction, and before March the altcoin price dumped up to 30%, because bitcoin price corrected 10% - 15% of course, this made traders panic and sell crypto assets, even though it's still bullrun. So correction is a natural thing, we wait until March, hopefully March is not a month of correction but a month of recovery. There's nothing wrong to believe on what you are saying but also just keep your eyes open to the possibilities of the comeback since if we compare before and now things are truly different since we have big news happened recently. But if those huge correction came on March well we should be prepared to take the profits or do the stop loss to secure and minimize the possible damage.
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CoinFoxs
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February 24, 2021, 10:21:04 AM |
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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 $47622 on Binance. Remember to catch such corrections and to be able to buy them you need to have active orders set at right price on the exchange before the dip happens. Pretty impossible to do it perfectly. In bitcoin’s case correction of price is good because after the correction bitcoin go high and break all previous record. Price was corrected yesterday i think this time bitcoin will cross 65k$ milestone so buy bitcoins as much as you can if you really want to get profit in near future.
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ethereumhunter
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February 24, 2021, 10:52:34 AM |
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We already the bitcoin price correction, so I guess we will see it happen in the future and not this month. But we do not know if the correction will come again after the price. I think we still need to prepare for anything that can happen later, and if the correction happens, we can use it to buy as much as we can. Maybe we can focus on buying more bitcoin as before to have more bitcoin than before. But the drop yesterday made many people surprise as they do not imagine if the price will go down lower on that price.
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STT
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February 24, 2021, 10:53:55 AM Last edit: June 12, 2023, 01:38:38 AM by STT |
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42k is a good mention because thats close to the bottom pricing now, the last area of volatility then forming part of future action rings true. Price has to correct when it moves too rapidly without enough volume but how serious is that correction is another matter, some assume it will just rise back and resume and others I heard say it can be 6 months to even out. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAjcyJ.png&t=665&c=08RX2-QyL2fdOA) Price right now is above some uptrend but between two measures of momentum short term, overall it remains bullish above the 50 day average. The recent highs today are marked by the 2 day average and below us is 12hr average representing in some way the rise in price since the pullback and low. Price action must determine between these which is correct.
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BrewMaster
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There is trouble abrewing
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February 24, 2021, 10:55:46 AM |
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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?
Keep an eyes in March, because according to history, March was a month for bitcoin correction, and before March the altcoin price dumped up to 30%, because bitcoin price corrected 10% - 15% of course, this made traders panic and sell crypto assets, even though it's still bullrun. So correction is a natural thing, we wait until March, hopefully March is not a month of correction but a month of recovery. i don't see anything special about March in previous years and the market was the same as other months of the year. it is not surprising to me because price doesn't move based on months but based on a lot of other complicated factors!
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There is a FOMO brewing...
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shoreno
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February 24, 2021, 11:07:43 AM |
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We already the bitcoin price correction, so I guess we will see it happen in the future and not this month.
the next correction might occur for such a long time after this but if this current correction still continues , i think that will still be the same . reminds me of the moment where the value of btc is stuck at a verry low price because i think that is an example of prolonged correction but after that , it took over a year or almost a year till we undergone in another correction and that did start happen last day . But we do not know if the correction will come again after the price. I think we still need to prepare for anything that can happen later, and if the correction happens, we can use it to buy as much as we can. Maybe we can focus on buying more bitcoin as before to have more bitcoin than before. But the drop yesterday made many people surprise as they do not imagine if the price will go down lower on that price.
yes it will . correction is unstopable and can always come to volatile cryptos and this wasnt the first time we experience it so we already know what to do but if theres still unprepared , they can be newbie in crypto
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ethereumhunter
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February 25, 2021, 04:58:55 AM |
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We already the bitcoin price correction, so I guess we will see it happen in the future and not this month.
the next correction might occur for such a long time after this but if this current correction still continues , i think that will still be the same . reminds me of the moment where the value of btc is stuck at a verry low price because i think that is an example of prolonged correction but after that , it took over a year or almost a year till we undergone in another correction and that did start happen last day . I hope so. The correction still continues, but we do not know when it will come again. The only thing that we can do is prepare the money to buy back bitcoin, and if necessary, we can sell bitcoin when the price can pass the price we bought before. That can help us to have more bitcoin. Besides that, I guess the real highest price or new ATH still does not appear because the price needs to reach the next high price that can be the new ATH after halving. But we do not know if the correction will come again after the price. I think we still need to prepare for anything that can happen later, and if the correction happens, we can use it to buy as much as we can. Maybe we can focus on buying more bitcoin as before to have more bitcoin than before. But the drop yesterday made many people surprise as they do not imagine if the price will go down lower on that price.
yes it will . correction is unstopable and can always come to volatile cryptos and this wasnt the first time we experience it so we already know what to do but if theres still unprepared , they can be newbie in crypto I hope that the next correction will not make traders panic and sell their bitcoin, but they can wait for a while or buy back more bitcoin. Maybe new people need to read more lessons to know what they need to do when the price is down.
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AliMan
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February 25, 2021, 09:32:28 AM |
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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 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 $100k, struggles can be so harsh for now due to more challenging market.
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slaman29
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February 25, 2021, 11:09:17 AM |
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42k is a good mention because thats close to the bottom pricing now, the last area of volatility then forming part of future action rings true. Price has to correct when it moves too rapidly without enough volume but how serious is that correction is another matter, some assume it will just rise back and resume and others I heard say it can be 6 months to even out.
Still I am not quite convinced we've seen the bottom. 40k was quite a long time to overcome, and we all know the 50k pump was never going to be sustainable short term. I'm pretty sure we can see another test of 40k maybe even 35 but that's healthy direction to set up the stage for strong bottoms and building up from there. Keep your seatbelts tight!
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Reatim
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February 25, 2021, 11:39:05 AM |
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BTC price goes up and up ever since we had last correction at 42K. now we are at 57.4 K and climbing which is very very good. some people even expect no correction until 80-100K. if we move like that we may see price over 100K as soon as 2-3 months. what do you think?
just 2 days after posting this the Correction happens , and look at the market it looks like recovery is getting far from happening . I regret not selling when the price hits 58,000$ because i believe that 60k barricade will be break first before the correction but I'm wrong lol. now it will take me some time to Make another Buying and selling again , things that i have done if i am aware to Sell at 58k and buy at 45k as the lowest record for the last 7 days.
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Question123
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February 25, 2021, 01:34:21 PM |
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Bitcoin value is rapidly rising and it is good news , but lately we experienced again dump of the market but it is normal or ordinary if you have knowledge already about cryptocurrency. I think the 80k dollars upto 100k dollars this year but 2 to 3 months we do not know if going to reach but gives a good times like until the end of the year for sure we will see it.
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RealMalatesta
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February 26, 2021, 05:55:22 AM |
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The correction is over now and Bitcoin is moving up again, those who bought at $47k are already in profit, good timing is really important if you want to make a profit in the bull market, correction is always there, you just have to set your buy order at the right time, and always follow the market for any hint of correction.
Literally we have dropped to that price again, and by the looks of the chart if we keep going like this until the end of the week, we are going to have even a worse week next week with a huge drop, however if we can recover a bit more and throw ourselves over 50k levels we could maybe do a bit better by next week. It all depends on how we react in the next 4 days or so, if we go up, we will keep going up, and if we go down, we will keep going down, it is a scary situation. Let's remember TA is not what always happens, Elon Musk could come up and say that bitcoin is awesome so Tesla is buying 1+ billion more, and price could skyrocket, or he could just tweet that they are out of crypto and sold all theirs, and price would crash even harder, so my estimates are based on TA and no idea what could happen if there is something unexpected.
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Fredomago
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February 26, 2021, 07:35:01 AM |
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Let's remember TA is not what always happens, Elon Musk could come up and say that bitcoin is awesome so Tesla is buying 1+ billion more, and price could skyrocket, or he could just tweet that they are out of crypto and sold all theirs, and price would crash even harder, so my estimates are based on TA and no idea what could happen if there is something unexpected.
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.
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electronicash
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February 26, 2021, 08:29:06 AM |
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Let's remember TA is not what always happens, Elon Musk could come up and say that bitcoin is awesome so Tesla is buying 1+ billion more, and price could skyrocket, or he could just tweet that they are out of crypto and sold all theirs, and price would crash even harder, so my estimates are based on TA and no idea what could happen if there is something unexpected.
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.
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LUCKMCFLY
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February 26, 2021, 01:27:25 PM |
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The correction is over now and Bitcoin is moving up again, those who bought at $47k are already in profit, good timing is really important if you want to make a profit in the bull market, correction is always there, you just have to set your buy order at the right time, and always follow the market for any hint of correction.
I would not be so sure to say that the correction is over, however, it would be very normal for the price to rise again, since a correction is always needed to test the offer, this may be being tested by those who have enough money to move the market, coupled with the famous billionaires who have bought Bitcoin I think their first target will be for $ 100k, these people do not enter to enter, they do not invest to earn a few pennies, these people enter the market to earn millions.
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blue_nexus15
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February 26, 2021, 02:03:50 PM |
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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.
Yup. I've heard some Wall Street bonds are resilient, seemingly having some corrections to this change. We feel there was a lot of strong fluctuations this week and that pressure depletes $ 58k to 48k on Monday, Tuesday continues deep at $ 45k and today is $ 44k. This is the time when the maximum threshold of oscillation occurred. The same big impact from media bullshit was to degrade traction. I expect bitcoin's correction this week will be $ 45 -55k $.
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SaShiRaJaVu
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February 26, 2021, 03:22:06 PM |
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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.
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