Market seems in correction mood

[Bureau]

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

Correction is always good for the market and it does help the market reach new high. Bitcoin dues to ETF created a new ATH earlier this year after that it was expected that a correction will happen. Before halving you can check the historic data that Bitcoin does goes through a major correction but this big dip is also due to the sudden war like situation between Israel and Iran. If Israel now retaliate then another major dip can happen.

[Sebas.tian]

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

This is natural in the market, because if you can't find bullish market at the moment, you must find bearish market which is natural to investors, and it must happen in the market for long term and short term investors to begin to prepare their savings to purchase Bitcoin or altcoins against next bearish, because the price of cryptocurrency has decreased again to make the situation clear. I don't think, it is Israel attack that made the market price to start decreasing, because I can still remember pandemic season where cryptocurrency price was increasing massively but some investors thought is the pandemic that is making the price to increase in the market, which is not true. Many investors experience massive income from their altcoins investment this season that made them to confess that this year bullish season was nice, which they know that any moment from next month some signs of bearish season will begin to manifest in the market for investors to fully aware.

[Dunamisx]

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

We have been hearing diverse speculations concerning the recent sentiment from the market as we experience the recent correction, though many believed that such was as a result of the breaking new concerning the attack made on Israel, but the market remains ever volatile and we cannot avoid to do away with having the incident of breaking news in the economy, not even now that we are more closer with halving, the remain more volatile.

[JeffBrad12]

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

well after so many waves of bullrun its to be expected, those pumper gonna load off their bag eventually to make preparation for an even bigger pump.
we as the altcoin holder might be hurt a lot with the 10-20% of price decrease but for long term it might still have potential to get back again and even reaches a higher price we just need to be patience.
remember that the fact that we are already at current price point doesn't just happen overnight back then there was so many pull back too that causes the price to be delayed to go up but thats all fine because the final result we are finally reached and surpass the bitcoin all time high and even so many altcoins are multiplying their worth.
its gonna be the same, the market will need a break before the price pumps high again and current event is exactly the break that is needed everything will come together when the times finally come.

[redsun114]

...What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

If a correction is to happen, then it will definitely happen. And to explain it, we will be told what caused such a correction. But those who were ready for a correction are now quietly buying coins at a reduced price, and those who were not ready are counting losses.

It is like it is scheduled already mate? Hmm, I'm not sure if it's true but I think it's also possible that there is someone who is behind each financial market. If you are close to them, you will know it and you can make a profit easily. Other than that, correction can also based on the events happening around us because that can affect our potential to buy or sell.

Those who are ready for a correction should wait and won't buy now. They can also sell now because they won't be able to do it later on. Each of us must be ready for any happening in crypto like correction, so that we will know what we are going to do and make our investing journey in control and profitable.

[GreatArkansas]

I'm amazed and bullish for Bitcoin right now as you can see, from an all-time high of Bitcoin which is from around $73,000 and dropped a few days ago to below $60,000.
But it is always bouncing above $60,000. I can really feel that we will still go back to an all-time high because of these bounces every time Bitcoin drops.

I can consider what happened was totally correction, it's not only on cryptocurrency market we experienced the recent dumps.

[batang_bitcoin]

I can really feel that we will still go back to an all-time high because of these bounces every time Bitcoin drops.

We'd be back there for sure and that's the normal move of Bitcoin. These corrections are the essentials of the bull run for it to break the former ATH that we've seen before the halving. That's I think is new in history that before halving, Bitcoin had broken its former ATH.
The market might be in a correction in less than a day but as we look at it again, it was able to bounce back quickly and this is a strong sign that we're actually bullish on it. And to remember, no matter what kind of analysis we've got there, sometimes it shows random bullishness.

[Nazmul012]

Op, this is very common game in crypto industry, although having and many others factor plays role for crypto movement. Even yesterday crypto market was seen as. Correction mood, Bitcoin was down below$57k but now market is getting recovery and what do you call thatt? So the reason behind dumping the market is simple, its natural but i believe, we might been a real correction who it would take Place soon as you haven't seen any major correction yet

[kentrolla]

Op, this is very common game in crypto industry, although having and many others factor plays role for crypto movement. Even yesterday crypto market was seen as. Correction mood, Bitcoin was down below$57k but now market is getting recovery and what do you call thatt? So the reason behind dumping the market is simple, its natural but i believe, we might been a real correction who it would take Place soon as you haven't seen any major correction yet

Yes, sems like we have forgotten what a real market correction looks like but these are minor fluctuations which will reoccur until we go into bullrun, but still we see people are getting panicked especially new ones since they invested in a wrong assumption that bullrun will start immediately post halving and now they feel it's not gonna happen and they are skeptic about bull run. People just need to look at the history of price chart they would understand the market behaviour and it's the so called influencers who plan with emotions of these newbies.

[asriloni]

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot.

I think that the better if you were doing at least a small research for that. We have seen that how bitcoin has faced big outflows from ETF market a few days ago. Yesterday there was a big inflow in the market. It helped bitcoin to so fast even after it was reaching 56k. So many countries were adding bitcoin ETF.
This is also triggering a lot of money to inflow. It really helps crypto market to recover from the big dump after big outflow from bitcoin ETF market.

Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

The inflow has been pushing the price of bitcoin back to the top. Many people are now starting to think that if bitcoin was a good asset to hold. Look at how AU was also adding bitcoin ETF to its market. I think that there will be more countries to consider bitcoin as a good asset to hold.
This is also pushing a new hope for bitcoin and crypto market. The whales have been starting to regain its trust to the bitcoin.

[bluebit25]

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot.

I think that the better if you were doing at least a small research for that. We have seen that how bitcoin has faced big outflows from ETF market a few days ago. Yesterday there was a big inflow in the market. It helped bitcoin to so fast even after it was reaching 56k. So many countries were adding bitcoin ETF.
This is also triggering a lot of money to inflow. It really helps crypto market to recover from the big dump after big outflow from bitcoin ETF market.

Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

The inflow has been pushing the price of bitcoin back to the top. Many people are now starting to think that if bitcoin was a good asset to hold. Look at how AU was also adding bitcoin ETF to its market. I think that there will be more countries to consider bitcoin as a good asset to hold.
This is also pushing a new hope for bitcoin and crypto market. The whales have been starting to regain its trust to the bitcoin.

Maybe it's really easy for us to forget everything that happened and get caught up in the current market sentiment, bitcoin has surpassed its ATH and is now correcting in a still bullish frame, but most altcoins are back to where altcoins were at where bitcoin rose above around $40k

Volatility in this market is not too strange to those who have gone through a number of cycles, it is considered an opportunity/risk in the investment process, although it depends on our perspective. In this field, there are always those who fail and also those who succeed.

In the current context, we are easily manipulated by different news sources to increase/decrease the value of cryptocurrencies, and with each different approach strategy, each person will have a view on the object they choose. I have always loved bitcoin, but will not ignore the opportunities to optimize profits with altcoins and accept the risks.

[Ludmilla_rose1995]

~

We have been hearing diverse speculations concerning the recent sentiment from the market as we experience the recent correction, though many believed that such was as a result of the breaking new concerning the attack made on Israel, but the market remains ever volatile and we cannot avoid to do away with having the incident of breaking news in the economy, not even now that we are more closer with halving, the remain more volatile.

Many people are still easily consumed by news of economic or geopolitical FUD that is happening so that their fear makes their minds confused and becomes a paper hand for the Bitcoin or altcoins they own

The Bitcoin and altcoins market correction that is occurring is actually not something new, it has been happening since Bitcoin or other altcoins was first traded, so as investors we must try to be calm in facing every news that comes in or appears

[Ludmilla_rose1995]

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

If we look back, we will often see the crypto market entering a saturation period and usually this happens when the Bitcoin price has finished its bullish rally, now that means the cause of the market correction is not an attack by Iran or anything like that, indeed the market correction is a natural part and important in the crypto market, it is impossible for prices to continue to rise, when the price of bitcoin reaches its peak the price will automatically fall too and altcoins will also get the impact of the price drop

[tvplus006]

...The Bitcoin and altcoins market correction that is occurring is actually not something new, it has been happening since Bitcoin or other altcoins was first traded, so as investors we must try to be calm in facing every news that comes in or appears

The main thing is not to make such a mistake, as it was at the end of 2021, when the trend reversal was mistakenly perceived by many as a correction. And many continued to make purchases following the DCA strategy and eventually were forced to either sell, fixing a loss, or hold for several years.

[rodskee]

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

We have been hearing diverse speculations concerning the recent sentiment from the market as we experience the recent correction, though many believed that such was as a result of the breaking new concerning the attack made on Israel, but the market remains ever volatile and we cannot avoid to do away with having the incident of breaking news in the economy, not even now that we are more closer with halving, the remain more volatile.

at least this is not about the war that makes the market falling instead this is about the correction
and the normal effect of Bitcoin halving , things that we have been witnessing for many years now so if ever
we will experience a so much dumping then for me this is expected lol .

I'm amazed and bullish for Bitcoin right now as you can see, from an all-time high of Bitcoin which is from around $73,000 and dropped a few days ago to below $60,000.
But it is always bouncing above $60,000. I can really feel that we will still go back to an all-time high because of these bounces every time Bitcoin drops.

I can consider what happened was totally correction, it's not only on cryptocurrency market we experienced the recent dumps.

and it is also amazed mate that the price of bitcoin keeps holding 60k now

this really made us thinking over and over what is really happening .

[TastyChillySauce00]

Reason could be verious and don't know which reason is mainly responsible for this situation or it also possible that all reason effects crypto world and that's why it dumped a lot. Even yesterday it was in recovery mood but today i got notification from my wallet, altcoins start losing their value again. Having could be an issue. Even war can be also responsible. That's why need to careful before entering market for investing or trading in cryptocurrencies

The same situation like 2021 is happening again. IDK whether this is coincidence or what.

I mean look at this.

GameStop stock GME roared back to life with a powerful 75% surge after meme-stock guru and the one who started it all — Roaring Kitty — made a surprise comeback. Keith Gill, using the moniker Roaring Kitty, posted online for the first time in about three years. It was a meme post on X of a man leaning forward in his chair, an image posted by GameStop in February. And, apparently, people figured out it was time to buy up. Shares of GameStop shot up more than 118% before closing down lower.

https://decrypt.co/230546/gamestop-meme-coins-are-taking-over-solana-as-pump-fun-sets-record

Roaring kitty is back again. GME pumped 100% and GME meme token 400%. This is very similar to the situation before 2021 bullrun. I think that the correction will be only temporary. I meant this can also become a signal if crypto is going to get back its big rally again.

Im hoping that this is gonna be another big bull like what happened a few years ago. It seems to me that if 56k has already become the new yearly bottom for bitcoin.

Im expecting a big rally to happen in the upcoming year.

[Dunamisx]

It is true that currently the crypto market is experiencing a correction where almost all altcoin prices without exception Bitcoin are experiencing a decline, but in my opinion this is a very normal thing to happen, and of course is a very good situation for those of us who want to start investing in crypto. where we can buy several potential altcoins such as ethereum, binance, solana, and xrp, I am very optimistic that these altcoins will provide profits in the future.

The crypto market to some still remains a mystery because they cannot predict well or as accurately on what the market may look like each time we are going through a bearish or bullish trend, this is not also the first of it kind that we have market correction happen with time, things are not just the same way we have known them to be because we are dealing with volatile cryptocurrencies and each coins as well have their season of performance aside the general trend.

[lixer]

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

If we look back, we will often see the crypto market entering a saturation period and usually this happens when the Bitcoin price has finished its bullish rally, now that means the cause of the market correction is not an attack by Iran or anything like that, indeed the market correction is a natural part and important in the crypto market, it is impossible for prices to continue to rise, when the price of bitcoin reaches its peak the price will automatically fall too and altcoins will also get the impact of the price drop

It's like playing in gambling in a casino, that not all times we can win. The crypto market is also a business and someone else or the exchanges, profits from the people's losses. Even though crypto or the market, works like that (in cycle), it is still possible that the wars can affect them and not only the wars actually but other events too.

I am not sure about the true importance of the correction, I mean if what it contributes in Bitcoin internally or in its blockchain because I'm also/still aware that people can benefit with it by buying cheaply. It may not be like the halving where it decreases the supply of BTC making it to be more scarce in which its value can now be able to rise more.

[Wildwest]

Start of this year, makes people happy cause crypto market started non-stop pumping where altcoins also goes expensive and some altcoins were out of range to buy. But from today, it seems market enter into correction mood where altcoins dump 15% to 40% including Bitcoin. This is a heavy dump of market and we don't know where it'll stopped.
Is it natural Or it could be cause of bitcoin having which is going to start a week later. What's your opinion?? Some people mark Iran attack isreal issue as responsible of this current market situation

It looks like the market is in correction with this situation, we also doubt that the price of bitcoin will fall again after the halving occurs.
On the one hand, it may have something to do with the conflict that occurred in the Middle East, many problems occurred during this year's halving because the bullish market did not occur, only Bitcoin and Ethereum experienced price movements, is this still a correction or other influence?

[Mehedi72]

Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility