Correction is coming

[menoiazei]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

...looks like they going up 50% to me

[Fatunad]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

...looks like they going up 50% to me

Speculations would remain speculations which means that anytime those calls would really be neither going to the same direction or would go to the opposite one.
There's no guarantee that each of those calls would really be on precise manner.If they do say that it would potentially dip -50% but currently we are seeing
+50% then theres no something that you should really be proud off. Anyone could make their own guesses and its just normal that mistakes will be there.
Correction is inevitable this is why we should really be careful and do make immediate actions to secure our profits while we still can.

[STT]

We've had a good rise recently after prior negative trend, so I will lay out a case for the bears who remain ever hopeful.



Ok so we have a bit of a reversal here, I just heard a trader say a close on daily over 51k is quite bullish.   That might be but I want to see the price over this upper band here at 52k, I wont say it has to be today but its possible we have some stall condition here and price action may need to prove otherwise.    Another perspective is we are failing below a 12hr average which represents strong momentum to me, so I'm watching various measures but in simple terms have a look at 52.1k  for a tide mark as to wider direction perhaps.


Also this is 1hr bars, left side of the chart we had 2 day MA rise above weekly MA which has been a bullish scenario previous.   We may pull back to check lower prices and its a brief negative, not sure.

[ololajulo]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

By now we know it's not the best idea to sell all our coin just because of correction. It was a difficult thing to find the bottom and buy back especially for the top altcoins and bitcoin This time we may not see 30-35% correction like in the previous cycle for bitcoin and the dump may short live.

[arufox]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

By now we know it's not the best idea to sell all our coin just because of correction. It was a difficult thing to find the bottom and buy back especially for the top altcoins and bitcoin This time we may not see 30-35% correction like in the previous cycle for bitcoin and the dump may short live.

I'm with you, correction is normal and natural in cryptocurrency, sooner or later the price will bounce back. If sell it because correction and prepare for buyback at a low price, this is risky, because no guarantee that the correction will increase your amount of coin, what happens if just a small correction?? So for me, I'm not taking a risk, I will keep hold it if correction, never sell

[Inspiron14]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

How do you know if a correction will occur? it is true that the history in March was terrible for cryptocurrencies, because corrections always come this month, but we will never know whether a correction is coming or not, if you say a 50% correction came I really don't believe it, we are in the zone bullish therefore there is no need to worry.

[TravelMug]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

How do you know if a correction will occur? it is true that the history in March was terrible for cryptocurrencies, because corrections always come this month, but we will never know whether a correction is coming or not, if you say a 50% correction came I really don't believe it, we are in the zone bullish therefore there is no need to worry.

There was already a correction, but it's nowhere near 50%.

And we are not over the correction in the last couple of days. We have jump to $50k again, so I would say that this March will end up just the rest of 2021, still in a bullish phase. So it's going to be a pity for those who listed to the suggestion of the OP to sell. And we all know by now what is the reason behind his FUD. Because for obvious reasons, he wanted to buy cheap bitcoin again.

Resistance though is at $52k, if we break this one, I would say smooth sailing for the next two weeks again and we might break the $60k-$70k price barrier.

[MiningBattalion]

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

How do you know if a correction will occur? it is true that the history in March was terrible for cryptocurrencies, because corrections always come this month, but we will never know whether a correction is coming or not, if you say a 50% correction came I really don't believe it, we are in the zone bullish therefore there is no need to worry.

There was already a correction, but it's nowhere near 50%.

And we are not over the correction in the last couple of days. We have jump to $50k again, so I would say that this March will end up just the rest of 2021, still in a bullish phase. So it's going to be a pity for those who listed to the suggestion of the OP to sell. And we all know by now what is the reason behind his FUD. Because for obvious reasons, he wanted to buy cheap bitcoin again.

Resistance though is at $52k, if we break this one, I would say smooth sailing for the next two weeks again and we might break the $60k-$70k price barrier.

Bitcoin is now being perceived as an inflation-hedge and an asset with a potential to give mouth-watering returns quickly, analysts said so the correction is coming soon in economics level in bitcoin

[yohananaomi]

How do you know if a correction will occur? it is true that the history in March was terrible for cryptocurrencies, because corrections always come this month, but we will never know whether a correction is coming or not, if you say a 50% correction came I really don't believe it, we are in the zone bullish therefore there is no need to worry.

true, I feel that the correction should have occurred at the beginning of the year and only briefly and again increase again. I do not believe the same as you that in March there will be a correction. This is precisely the time when bitcoin is in a stable state. This provides an opportunity for altcoins to move when last year lags behind bitcoin.

to remember that this year's halving effect has not been felt from bitcoin so if there is a decline I don't really think about it. because I believe that the increase until the end of the year will occur because of the halving effect. so it is possible that the existing value must be very high.