When is next significant correction coming?

[retreat]

If price corrections could be predicted, maybe there would be many people now who would take profit, but the problem is that they cannot be predicted. A price correction could happen tomorrow, next week, or in a few months, no one can predict. So if you ask about when the price correction will occur, maybe you won't get the answer here, because no one knows.

[fullhdpixel]

We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of being the dip it ain't looking good.

Hello and welcome. You have been around since December 2023 and there were also good prices for bitcoin. Now they are of course higher and look nicer, but they will probably look even better in the future, so now would also be a good entry. If you have a lot of time and a few years pass, then you could be even happier, but that is also speculation. None of us can see the future, we have already seen a lot, but bitcoin is here to stay and will get stronger, you are currently here, and you will see it, very good decision and I wish you all the best. Buy bitcoin, sell fiat.

A lot of people didn't buy when the prices were low, they were confused about whether they should buy at that price or not because there were predictions when Bitcoin was around $30k that it would go lower from there, it went to $28k and then went straight to $40k from that point and the rest is history.

People who buy at current prices will earn some profit, but the profits would be lower than if they had bought earlier. However, if someone is making a long-term investment, they shouldn't worry about these things. All they will need to do is keep holding until their assets reach their desired prices, if they can't do that, they will either be at a loss or won't get enough profit on their investments.

[mich]

Well I do think we are going to have a correction after the halving. I think that is what did happen before in the past for a Bitcoin halving. I also do think these new high prices do factor in halving event.

The halving is going to happen in 46 days. So I am going to make sure that I do have some fiat in my bank account to buy if there is that correction.

[peter0425]

Hi all!

We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good.

It was consolidating for so long now! Please share your thoughts on to when another correction may be expected?

Thank you and have a good day

You should have invest when you thought of buying 3 weeks ago because now? you are already trapped on that and cannot buy in lower price because this is continues to grow from here mate and we are waiting for the moment of crossing ATH of bitcoin , because we  are short by hundreds today in hitting that ATH again.

[Lucius]

Hello everyone! Thank you so much for your replies! It pains me to buy it so expensive when I bought it first £20K cheaper than it is now! But I guess I am gonna have to! I mean £20K in a little bit over  a month - I could not have foreseen this!  

You could have predicted that something like this would happen considering that the SEC gave approval for spot BTC ETFs, but for consolation you are not the only one who was caught off guard, because much more experienced members of the forum suspected that spot ETFs would have this effect on the price.

I already wrote to you that it would be much easier for you to look not only at the price, but at the fact that Bitcoin is much more than an investment, but I understand that most people do not look at it from that perspective. However, if you only care about profit, can you even imagine what the price of BTC will be in the next 1-1.5 years from today? It may seem expensive to you, but chances are good that it will pay off in the end.

Everything written above is not financial advice, but only my personal opinion - do not invest more than you are ready to lose.

[Marvelman]

If you ask me, I reckon we'll probably see prices wiggle around a bit when the next halving happens.  Maybe a little bump up at first as folks get excited.  Then kinda settling back down after everyone calms down. At least, that's my guess - tough to ever be sure with bitcoin!

New all-time high first before some corrections.
As you can see we are already in the top, only 1 digit percent left. And just in case we will pullback, I believe we already have our strong support, and I believe it will go sideways only ranging from $60,000+.

Sounds good! I'd be happy with a prediction like that.  I just hope we don't have any more major pullbacks below 50k before the next bull run takes us to 100k and and beyond.

[RaraAvis]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

[STT]

Nice, some people are happy rightfully when the price pulls back and its good to see      This was definetly a rapid correction or pullback but also the rise has been rapid by my reckoning and I've been watching a fair few years this was a good one.

This is still very much a positive market, I'm not too apprehensive personally and as the person above states for some its a good thing and a welcome opportunity.   I personally get uncomfortable if we never pullback as from my perspective that's unnatural performance.   Anyhow 61k or above is a positive movement across a week of daily bars, its still a positive resolution of that sideways or flag pattern seen prior.

BTC very much strong, as a quite skeptical person I still look for a larger pull back to something like 50 day average but it would be jumping the gun to think that now imo.

[justdimin]

I find it fascinating that people actually think they can get an answer this way. That we, as a community would have an answer to when the next dip coming. Why would be even losing money ever if we would know that? If someone gives you right answer now, it's most likely because they were lucky and their TA was right, even though probability for that would be slightly over 50%

But are you seriously even buying that next correction? What if next correction is from $100k to $80k? Are you waiting for that and why?

My serious answer would be that you should try to find answers from respected accounts in tradingview. But majority of them won't give you right answers either. Just dca. If you are not using leverage, you can't mess up badly here.

I believe that considering the situation we are in right now, it's quite possible that we could fall before we get anywhere like that. We are nearing the all time high and nobody expected it to happen right now, and I am guessing that as soon as we are just above it or just below it, there could be a correction.

This is of course just my guess and I am not really expecting it to be something that will take some time, it is not going to be that simple and we should probably consider it to be a normal deal. I get that we are not going to see this change all that easily, after all it is not going to be simple for bitcoin to fall but we are very high right now so falling would be easier right now than ever. This is why many expect it to happen.

[goaldigger]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

It's not a manipulation but a usual scenario every time Bitcoin pumps, and that's not the big correction yet.

We have to wait for BTC to create it's new ATH before we see the big correction but still it's not guaranteed as Bitcoin looks more stable now to continue the up trend.

Lucky to those who are able to catch the dip again, that's a good profit already so enjoy it. 

[CryptoBuds]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

It's not a manipulation but a usual scenario every time Bitcoin pumps, and that's not the big correction yet.

We have to wait for BTC to create it's new ATH before we see the big correction but still it's not guaranteed as Bitcoin looks more stable now to continue the up trend.

Lucky to those who are able to catch the dip again, that's a good profit already so enjoy it. 

If you watch the news, you will know that the bitcoin price drop to $60k after bitcoin hit $69k today caused thousands of traders to lose money and the liquidation amounted to $1.2 billion. That's not a small amount and I don't think it's natural. To me, every time bitcoin drops rapidly or increases rapidly, it is when the market kills long/short liquidity and that is manipulation by market makers. But I agree, it's not a huge adjustment that we need to be concerned about.

As for predicting whether bitcoin will have another major correction, no one knows. Bitcoin is creating many surprises by consistently rising in price ahead of the halving and even creating new ATHs, but that doesn't mean there won't be any more major corrections. Personally, I still think there will be a big correction after the halving takes place.

[tiCeR]

Hi all!

We all seen what Bitcoin was doing for the past month and most of us would like to get some more Bitcoin. I was waiting for a good moment to do that for about 3 weeks and in terms of buying the dip it ain't looking good.

It was consolidating for so long now! Please share your thoughts on to when another correction may be expected?

Thank you and have a good day

Those times are over when I tried to figure out when the next correction might happen. I would rather stick with a consistent buying strategy and follow the most important rule: don't shift your precious BTC into altcoins (aka shitcoins)! If for some reason you get the timing wrong, buy at the ATH and then BTC dumps hard, you can almost be certain that a recovery will follow, but it may take some time. Just check out when we last hit the upper 60k range. That is like 2.5 years ago. Make sure you invest money you don't need in half a year and you are on a quite safe way with your investment. Shitcoins may never recover! There are some that will probably recover because they are on the BTC bandwagon. But 99.9% of the shitcoins you can find on coinmarketcap.com will probably never go back to their ATHs. If you play that game of jumping back and forth between BTC and shitcoins long enough, you'll probably end up with empty hands.

By the way, what do you even consider a correction? 3%, 10%, 50%? People like Michael Saylor (or MicroStrategy) are adding more BTC frequently. I doubt they would do it if they thought any significant correction could be possible in the near future. With significant I mean something like 25% +. We aren't even at a point where 10% is really significant. BTC is volatile and if it drops from 68k to 61k, nobody who has been around for a long time would be talking about a significant correction. It wouldn't make a huge difference for potential investors either. Whether you get in at 61k or 68k, if you are pursuing long-term goals the overall impact is most likely going to be quite little.  

[Dave1]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

It's not a manipulation but a usual scenario every time Bitcoin pumps, and that's not the big correction yet.

We have to wait for BTC to create it's new ATH before we see the big correction but still it's not guaranteed as Bitcoin looks more stable now to continue the up trend.

Lucky to those who are able to catch the dip again, that's a good profit already so enjoy it. 

If you watch the news, you will know that the bitcoin price drop to $60k after bitcoin hit $69k today caused thousands of traders to lose money and the liquidation amounted to $1.2 billion. That's not a small amount and I don't think it's natural. To me, every time bitcoin drops rapidly or increases rapidly, it is when the market kills long/short liquidity and that is manipulation by market makers. But I agree, it's not a huge adjustment that we need to be concerned about.

It did dip quite a bit, but now the price is just shy of $67k, so there is profit taking when we did hit new all time high. It's understandable though, maybe they have been waiting for this and so for them it's necessary to take profits, so you can't blame them.

As for predicting whether bitcoin will have another major correction, no one knows. Bitcoin is creating many surprises by consistently rising in price ahead of the halving and even creating new ATHs, but that doesn't mean there won't be any more major corrections. Personally, I still think there will be a big correction after the halving takes place.

Hopefully there will be none, we are just like a month for the block halving and so everyone is really trying to save a lot of Bitcoin right now and be ready for the imminent bull run. Just imagine making profits when it hit 6 digit this year and then culminating for a huge all time high next year.

[Lucius]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.
~snip~

The difference is big if you buy 1 BTC or a larger amount - so you would save even $8000 if you bought one entire BTC, but if you bought 0.1 BTC you saved x10 less or only $800, which is also a good saving. But if you bought only 0.01 BTC, you saved only $80, which I admit can be a lot of money for some, but not so significant for others.

I won't go further and say how much the savings are if you only bought $100 worth of BTC, but as I already wrote the savings at those levels are almost negligible. However, I understand that numbers can have a significant psychological effect on people, and if someone feels good because he saved a few $, I have nothing against that.

[naikturun]

I think this is just my personal opinion there will be one more correction before the halving but we don't know when for sure.
because some big parties will dump cargo before the halving and will buy it after the halving.
or will we not see another correction during this year and will continue to rise

[MinoRaiola]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

But it is only a manipulation if someone classifies it as such. In other words, an authority that is of the opinion that it was manipulated, otherwise its just speculation, so we all speculating, arent we? In the case of altcoins, I would say manipulation, precisely because they are not decentralized and are perhaps controlled by their creator. Bitcoin is different. This price drop seems normal to me, I remember it from the last halving, there was also a drop shortly before that, but I think it was even bigger than the current one. if we dont see -70%, then we should see a few more good months or a year. But if you look at the price over the last 7 days, we are still at +10% for bitcoin, so everything is okay.

[electronicash]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

But it is only a manipulation if someone classifies it as such. In other words, an authority that is of the opinion that it was manipulated, otherwise its just speculation, so we all speculating, arent we? In the case of altcoins, I would say manipulation, precisely because they are not decentralized and are perhaps controlled by their creator. Bitcoin is different. This price drop seems normal to me, I remember it from the last halving, there was also a drop shortly before that, but I think it was even bigger than the current one. if we dont see -70%, then we should see a few more good months or a year. But if you look at the price over the last 7 days, we are still at +10% for bitcoin, so everything is okay.

identifying when it will go down as if a correction is what i think he is asking for he is probably looking for a good price entry to buy BTC.
i think it will continue to go up and it will just correct its price when there is a big money going into big exchanges giving the new investors a low-price entry. a chance to hold BTC for newcomers.

if there is a correction right now, i would expect it to happen in the daily chart on the price of $40k. and wil rise again after a week.

[Hamphser]

Hey hey hey everyone! Did you catch that dip? I did. Got some more Bitcoin for a very good price compared to $68. $60 and $68 is a very big difference.

People are saying there's a lot of manipulation involved in this price dip - well, I say - thank God there are manipulations like that!

But it is only a manipulation if someone classifies it as such. In other words, an authority that is of the opinion that it was manipulated, otherwise its just speculation, so we all speculating, arent we? In the case of altcoins, I would say manipulation, precisely because they are not decentralized and are perhaps controlled by their creator. Bitcoin is different. This price drop seems normal to me, I remember it from the last halving, there was also a drop shortly before that, but I think it was even bigger than the current one. if we dont see -70%, then we should see a few more good months or a year. But if you look at the price over the last 7 days, we are still at +10% for bitcoin, so everything is okay.

identifying when it will go down as if a correction is what i think he is asking for he is probably looking for a good price entry to buy BTC.
i think it will continue to go up and it will just correct its price when there is a big money going into big exchanges giving the new investors a low-price entry. a chance to hold BTC for newcomers.

if there is a correction right now, i would expect it to happen in the daily chart on the price of $40k. and wil rise again after a week.

We are all trying to have that kind of good entry and it is really that truly understandable that they would really be waiting up for that huge dump or correction on which for sure that majority is really that keeping an eye on because we do know that this would really be the sweetest spot that we could really be able to get in. The main question is on when? As if the price do tend to make out some correction but not really
that too deep for us to make such good entry,plus on the time that it does have that correction then it do eventually goes back up afterwards on which this is something that would really be putting up that kind of hesitation when making an entry. For those who do tend to take up some risk then it would be that giving up that kind of opportunity.

[CryptoBuds]

As for predicting whether bitcoin will have another major correction, no one knows. Bitcoin is creating many surprises by consistently rising in price ahead of the halving and even creating new ATHs, but that doesn't mean there won't be any more major corrections. Personally, I still think there will be a big correction after the halving takes place.

Hopefully there will be none, we are just like a month for the block halving and so everyone is really trying to save a lot of Bitcoin right now and be ready for the imminent bull run. Just imagine making profits when it hit 6 digit this year and then culminating for a huge all time high next year.

I have the opposite thought to you, I'm not afraid of bitcoin correcting strongly because it's an opportunity to buy bitcoin at cheap prices. To make big profits, we need to buy low and sell high and to do that, the more volatile the market, the more opportunities we have.

Not only you, I know many people are expecting bitcoin to start increasing in price between now and the end of 2025, but if the market plays out in such an easy and predictable way, everyone will be rich. So who will be the loser in this game because this is a financial market?

[shinratensei_]

there probably might not be any correction coming it just price stagnation and thats it no significant correction you see recent dipping a week ago if im not mistaken? well they recover in no time.
people in general are so bullish I don't think waiting for correction gonna be a working strategy at best its good to test patience but there might not be any result.

always believe that bitcoin gonna reach all time high anyway so if I were those people that too late into the game its either invest right now or not invest at all.
after all maybe next week we already gonna be seeing some good increase with bitcoin because the trend shows just that.

also need to add that right now there are many projects that tries to propose bitcoin locking or its called staking for example.
if thats booming aside from halving, i think its gonna be impactful.