40 % Corrections a few happened during Bull Runs

[Rony]

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 . And this is normal enough moreover it is probably to be prepared fo the next rising

[Lukasz]

It seemsthe whole community is in favour of a correction which is reflected in the price action as it can be observed atm, many alts reached theri all time highs and investors are over cautious to buy the "tops" so the correction wpould bring much confidence

[Paha87]

Many tokens and coins have not yet reached the bifurcation point, if you guess these projects and catch their coins in a deep correction, then you are rich) In order to guess which coins will still sink, you need to have a huge experience in trading and market analysis. Many pseudo-experts predict this or that coin for investment, but I personally do not believe them, I only believe my gut and analysis.

[TERMINO]

I think you should not worry about the recent donwtrend because now the more altcoins are going back to green with 10% or 40% increase. Maybe the decline is all about consolidation that made Bitcoin dump below $50,000. So far today Altcoins and Bitcoin are going back to increase.

[Lukasz]

I am thinking of this month's candle close and further correction in to the 38 k - 42 k range that would liquidate again all over  confident but not so inexperienced market players to see byc at 40 k in the first week of may and buy the top of may to see it correct again in June which is the market behaviour to inexperienced high leverage longers

[mlawson71]

It is pretty bullish today, by the looks of it Bitcoin may rally to 55k again soon.

[Lukasz]

Btc very likely will range in 55 k's which also is significantly psychological level to see supply and demand and overall health but still there could be a deeper correction next month when looking at the weekly

[mlawson71]

A deeper correction is inevitable, sooner or later. Frankly, I can't wait for it, we'll be able to buy at a lower price when that happens.

[Carbitcoin]

A deeper correction is inevitable, sooner or later. Frankly, I can't wait for it, we'll be able to buy at a lower price when that happens.

when Bitcoin dropped to $ 40,000, what were you waiting for? Why didn't you buy at this cost? Or are you waiting for the moment when Bitcoin will drop to $ 2,000 again? almost everyone was given such a chance in the past years, but few took advantage of it.

[Gurujebs]

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

You are not spreading any fud buddy, that's the structure of the market and that's how it operates. A healthy market always need a correction except when its a bubble.
If you look at traditional market, it happens often too no matter how good that shares or stock sounds to be true, there is always a room for correction and it always happens when majority of people don't expect though the pro always expect it

[vegasus]

FUD will be always existing as long as cryptocurrency does exist. Here, the market correction is something normal, but it may make many people feel panic because of the high correction. The BTC correction moreover always gives an impact on altcoins. Altcoins will be decreasing more than the percentage of BTC decrease itself. And it just happened. But now, we can see that the price is rising better, we can see how a market correction is something normal in the crypto market. Nott o be panic or spreading fud

[gabbie2010]

For every bullish run price correction is inevitable that is why it is always advisable to take partial profits and wait for a dip to buy more, many analyst compared the past corrections with present ones mainly because of more of institutional adoption of Bitcoin now nevertheless price pullback is normal irrespective of measure of adoption of a coin however the percentage of correction will varied

[TERMINO]

A deeper correction is inevitable, sooner or later. Frankly, I can't wait for it, we'll be able to buy at a lower price when that happens.

when Bitcoin dropped to $ 40,000, what were you waiting for? Why didn't you buy at this cost? Or are you waiting for the moment when Bitcoin will drop to $ 2,000 again? almost everyone was given such a chance in the past years, but few took advantage of it.

The destination of Bitcoin might be $100,000 this year. If we are talking about the dramatic dump it seems impossible for now due to institutions. Bitcoin now wasn't the same as 2017 back the we didn't heard anything institutions got involved to Bitcoin. Now is far from 2017 because institutions are coming in with understanding that Bitcoin is good for long term investment. Another good place to put the money. We may not see $20,000 again.

[IyemRoker]

If you look at 2018 for a 40% correction it is nothing because in 2018 it was for Bitcoin correction alone almost more than 500% for its price decline.
So in my opinion, corrections to the Bull Run this year are still reasonable and that 40% can still be covered from the profits that have been made since 2020 or at the beginning of 2019.