The Market Needs correction

[sampoerna]

Will there be a market correction every time there is an increase? I myself am still confused about the reasons and steps of the market correction. Who controls and makes market correction appear? Are traders active on the crypto market?

[sturec22]

Yes the market sure needs some correction.
This parabolic move was not involving any volume and it was because of the tether and bitfinex fud.
I find it really unhealthy to go up directly. But this is bitcoin, we cannot know what happens

[gotbounty]

For a certain time, the market that is getting higher for their price and volume may need the correction. I agree with some opinion from other members above, it may be done to stabilize the trading volume especially for daily and also for a certain time. However, hopefully, the market correction will not give the big influence that can drop the price into the deep again.

[abdmuiz]

anything can happen in the crypto scouring market and there are even coins that go up to 1000 percent within 1 hour

[corr]

those who bought the 8k themselves and the guilty. why did not you buy 3200? I believe that the 8k are bought by newbies and people who do not know what to do in the market. this pamp is artificial. it's just a pump that will necessarily go the correction. starting with 3200 we have grown by at 8k. the correction will necessarily be and those who bought on the top to screw up. Now it's worth buying the altcoins because they are very hard at btc and will definitely show good growth.

[Filo]

Last year was full of correction mate Market needs new ATHs.

[Warung_lontong]

indeed it is true that the market does not continue to move up, and in crypto trading the correction is really needed to make price increases again.

[LogiC]

As we saw yesterday, the market took a deep dive. over 30 billion was withdrawn from the market. bitcoin failed from 8,200k to below 7,300k. it may not look good to new investors or people that bought the market at that particular time. but most times the market needs to correction movement. it is not always up and up.

Thats the thing those withdrawn funds are probably profits from a short bull run that happened during this past few week. I guess people didnt realize that, and that lucky guy isnt supporting the market stance as long the profits has been saved. If I were him, I wait a little bit so the market can increase by more than 3x fold but he already take it. Good for him, bad for the market. Anyways, just move on thats how crypto life works and people who can accept this will probably lose later on. Im pretty sure many got caught again on this scheme who are thought a continued bull run already.

[ayatoslaw]

indeed it is true that the market does not continue to move up, and in crypto trading the correction is really needed to make price increases again.

tricky we also thirst for making trendline lines,
if when the correction suddenly there is a red market situation, it will not rise, but it will go down,
so the actual correction is the first step where the market will go, go up or down.

[vycl87]

As we saw yesterday, the market took a deep dive. over 30 billion was withdrawn from the market. bitcoin failed from 8,200k to below 7,300k. it may not look good to new investors or people that bought the market at that particular time. but most times the market needs to correction movement. it is not always up and up.

I remember that there was no real correction from April to December 2017. Price was moving to 20K in these days.

[Rembang]

it's true that the market really needs correction, and I strongly believe that in the future crypto prices and especially bitcoin will go up.

[maro101]

Certainly the market after a large growth needs correction. I think that after such a large increase in the price of Bitcoin, it should come and wait for this moment to enter the market.

[diygirl]

I think it is not about correction, but it is about the characteristic of crypto prices that always fluctuate. So, the effect is the values can have correction sometimes. It is not a surprising thing for me, it is normal and very reasonable.

[Zurcemozz]

I think its not about correction, its just need to be stabilized the market, so there wont be a fall down or the value of token/coins or other cryptocurrency wont be fall so much. If only people uses it in good intend.

[Fly_Away]

8K already