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Author Topic: 40 % Corrections a few happened during Bull Runs  (Read 1643 times)

Offline Lukasz

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40 % Corrections a few happened during Bull Runs
« on: April 18, 2021, 02:26:01 PM »
I do not intend to spread fud or doom and gloom just looking from the perspective of past bull runs we had numerous 40 % corrections for obvious reasons so would not be surprised to see this month and stil close in green this monthly candle
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Altcoins Talks - Cryptocurrency Forum

40 % Corrections a few happened during Bull Runs
« on: April 18, 2021, 02:26:01 PM »

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Offline I-Bit

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #1 on: April 18, 2021, 11:55:36 PM »
Every coin that is growing and rising significantly will commonly also experiences market corrections. And it is for all crypto, not only Bitcoin but for most crypto. And this is normal enough moreover it is probably to be prepared fo the next rising

Offline Seerge

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #2 on: April 19, 2021, 08:57:42 PM »
There are many fears that are concerned about Bitcoin if this coin experiences a price correction, and the most worried about is what happened in 2017-2018 then happened again. But for me it will be difficult to repeat itself, because now more and more people are familiar with Bitcoin and are involved in Bitcoin investing.

Offline pelana vreo

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #3 on: April 19, 2021, 11:11:29 PM »
Yes, correction can occur at any time without information on when it will be.
We can just trade and keep trading, so as not to experience big losses, the current Bitcoin price is slowly rising after we saw the BTC price drop below $ 55k, I hope the price will go up again in a few days and we will see a green candle

Offline alltalk

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #4 on: April 19, 2021, 11:44:43 PM »
I hope the price will go up again in a few days and we will see a green candle
It is growing and increasing again, so don't worry!  ;)
I am also optimistic that the price will go up again and even can be above $65K at the end of this month. Just keep holding and don't be influenced by the FUDs. Correction is normal, as long as it is not very significant and drastically, we don't need to be panic.
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Offline Lukasz

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #5 on: April 19, 2021, 11:50:01 PM »
Many indicators and specialists are starting to speculate that due to COVID we may have reached the ATH which could be a fair assumption taking in to account the upcoming world crisis and much lower GDP s of the most advanced countries in the world
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  Bitcoin 2.0 If Bitcoin was being
started over again, it would most
likely use the superior Ethereum
blockchain
platform.
     
            ▄▄▄████████▄▄▄
        ▄▄██████████████████▄▄
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   ▀▀                            ▀▀
 
X10
 
faster than its
pre-decessor
‘Bitcoin’
   
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         ▄███▄
        ▄█ █ ██
       █▀  █  ▀█
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Based on
ETHERIUM
   
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Offline Tamsialu$$

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #6 on: April 20, 2021, 03:40:54 AM »
All altcoins, including the Bitcoin price, are now declining. In fact, I am in a lot of losses at the time. If the market does not return to its previous state, then it will be seen that all the profits I made by trading will be lost. In fact, I think the market will definitely return to its previous state in a few days.
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Re: 40 % Corrections a few happened during Bull Runs
« Reply #6 on: April 20, 2021, 03:40:54 AM »


Offline nicecrypto

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #7 on: April 20, 2021, 09:29:10 AM »
I do not intend to spread fud or doom and gloom just looking from the perspective of past bull runs we had numerous 40 % corrections for obvious reasons so would not be surprised to see this month and stil close in green this monthly candle
Yes most of all the Alts and Bitcoin are taking a correction and I hope this is one of those corrections that the market would usually have but looking at Bitcoin Daily chart, It is clear that the previously support line could no longer hold this time and This might be a major more correction then the past few ones. 


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Re: 40 % Corrections a few happened during Bull Runs
« Reply #8 on: April 20, 2021, 02:06:15 PM »
Yes it is really obvious for highly traded coins to make corrections during bull run because many people do leverage trading and many people put sell orders at almost the same price. Then many orders get liquidated at the same time which make a small dump during a bull run. So we should not worry too much but also should be ready for worst situation.
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Offline Suma Islam

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #9 on: April 21, 2021, 08:11:00 AM »
There are many fears that are concerned about Bitcoin if this coin experiences a price correction, and the most worried about is what happened in 2017-2018 then happened again. And this is normal enough moreover it is probably to be prepared fo the next rising

Offline Brithyislam

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #10 on: April 21, 2021, 11:45:19 AM »
There are many fears that are concerned about Bitcoin if this coin experiences a price correction, and the most worried about is what happened in 2017-2018 then happened again.And this is normal enough moreover it is probably to be prepared fo the next rising

Offline Angel jara

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #11 on: April 21, 2021, 12:08:01 PM »
I am also optimistic that the price will go up again and even can be above $65K at the end of this month. Just keep holding and don't be influenced by the FUDs. And this is normal enough moreover it is probably to be prepared fo the next rising
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Offline TomPluz

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #12 on: April 22, 2021, 12:39:52 PM »
The bull run that we are experiencing right now in 2021 is very different from the past hence I am proposing that if there will be a big correction it won't be on the same level as in the past. Now, with Bitcoin though we have many historical precedents there is no guarantee that BTC will be following the same pattern over and over again and under the same kind of intensity. What are the thigns that make this bull run different: institutional funds and rich investors which got deeper pockets and will not be easily be swayed by FUDS and many known personalities now coming in to support cryptocurrency.

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Re: 40 % Corrections a few happened during Bull Runs
« Reply #13 on: April 23, 2021, 04:47:18 AM »
Minus 40% could happen because it is a correction that must be needed so that we can buy more all cryptocurrencies.
But maybe there are some people who don't like this and it is really very painful for me too if we have to lose 40% of our total funds that we have.
With this, I make sure we can HodL until the next year to become famous and rich.
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Re: 40 % Corrections a few happened during Bull Runs
« Reply #14 on: April 23, 2021, 07:17:15 AM »
Minus 40% could happen because it is a correction that must be needed so that we can buy more all cryptocurrencies.
But maybe there are some people who don't like this and it is really very painful for me too if we have to lose 40% of our total funds that we have.
With this, I make sure we can HodL until the next year to become famous and rich.


sometimes bitcoin is quite confusing, because the corrections made seem to worry a lot of people. it was not expected and I also did not think that bitcoin could drop below the crucial figure for me at $ 50K. but sometimes a correction like this is needed to provide an opportunity for those who don't have bitcoin to buy it.

the halving effect is that until the end of the year, there is still hope that if this happens, bitcoin will rise again and there is still a long time to make the desired changes.
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