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Author Topic: Market seems in correction mood  (Read 275 times)
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April 17, 2024, 11:38:24 PM
 #21

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

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April 18, 2024, 04:04:00 AM
 #22

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.

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April 18, 2024, 04:59:26 AM
 #23

Quote from: Jonyshake71
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.

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April 18, 2024, 08:13:49 AM
 #24

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.



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April 18, 2024, 02:25:54 PM
 #25

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.

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April 18, 2024, 07:14:25 PM
 #26

...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.

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April 19, 2024, 12:27:16 AM
 #27

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.

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April 19, 2024, 10:59:58 AM
 #28

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 recovered from 60k now up to 64k again.

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

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April 19, 2024, 09:31:21 PM
 #29

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.



 

 

 

 

 

 


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"I could either watch it
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Nazmul012
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#SWGT PRE-SALE IS LIVE


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May 01, 2024, 07:51:22 PM
 #30

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

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