Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Davenethan07 on July 09, 2019, 12:44:56 AM
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Corrections will take longer as price changes unpredictably, and if we're expecting bullrun to commence soon we need to experience this circumstances. The factors that will create bullish trend is really a strong foundation before reaching the top price.
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I believe we must see a correction for an healthy bullrun. I think 13-14k to 7k, then a new ath (>20k!). After a new ATH, people will go crazy and we cannot know what will happen next. But even then, we will see corrections because people will sell and take profit.
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It is a hard question, mate. I think no one can answer it. There will be some corrections before the bullrun. But we cannot count how many the corrections. I think we just need to prepare our selves to deal with the corrections. Take advantages from the corrections, it will provide chances for profits.
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it is hard to tell or its is impossible to know because of the constant changes of the market movement that we really don't know if the price fall was a correction or normal big whales dump but i have observed a year of waiting before a sudden bullish of the price.
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If we are realistic enough, you will see that bitcoin/the market has actually taken on a bull run. The past year 2018, everyone was tied of the market situation, deep down to $3k-$4k, and now it has bounced up high to $11k-$12k. I know we want to see bitcoin at $20k, but, it will be fair to know that the bull run has actually started for this years records.
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I believe we must see a correction for an healthy bullrun. I think 13-14k to 7k, then a new ath (>20k!). After a new ATH, people will go crazy and we cannot know what will happen next. But even then, we will see corrections because people will sell and take profit.
To 7 thousand will be too cruel. However, it will be the last chance for the people, who were not in time to invest in Bitcoin, Nevertheless, I worry about the prices fall a lot as I am holding.
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I think there is no one can predict how long corrections before the bullrun. It is unpredictable and no specific calculation to know it. We just follow every phase of the crypto market. When it is in correction time, we need to hold our coins and no need to be panic.
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It will not be exact to know how long corrections to take place before the bullrun. In this case, the Bitcoin market will really depend on several terms:
Investors, token holders, whales, and also news or issues surrounding.
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Usually, a bitcoin price correction takes from several days to several weeks. It depends on many factors, including how long its price has grown without correction, how high it has risen during this time, various news factors during this time and other circumstances. However, the classic variants of passage also do not always pass without the intervention of others, which are superimposed on the correction stage.
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Corrections will take longer as price changes unpredictably, and if we're expecting bullrun to commence soon we need to experience this circumstances. The factors that will create bullish trend is really a strong foundation before reaching the top price.
Nobody knows with regards bitcoin correction mate, since this was create as volatile coin ,so therefore we expect of its fluctuations unpredictable. Now bitcoin plunge again and only heading $9k plus, so I taking advantage by buying it now and dump when there's a little appear this month.
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The achievement of the new ATH will be awaited by many people and the lowest price correction for BTC remains unpredictable, in 2018 when BTC prices under $ 4000 many observers said there would be a decline of up to $ 2000, but what is happening now is an increase in BTC prices after the month May BTC prices really increased and surprised many people