Market correction or Dump?

[mimikri]

Last week we saw bitcoin rallies up to more or less $14,000 but now as I look at the chart bitcoin is now trading at $10,400. Are we seeing a huge dump to go back to $6000 level?

I guess this is not a dump at all. This is a small correction before the next Moonrise. I believe that Bitcoin will go up this year again, and this time, the rise will be really great.

[masterrex]

I dont think so it will not return to $6K level the correction was already forcasted ahead due to the unprecedented Bitcoin rally in just few this and i believe its not normal thats why market correction is necessary to make the market more stable for the next bullrun.

[alltalk]

Last week we saw bitcoin rallies up to more or less $14,000 but now as I look at the chart bitcoin is now trading at $10,400. Are we seeing a huge dump to go back to $6000 level?

Don't be too afraid, mate. Bitcoin already dropped in its value but it seems not to be very bad. I am sure that the Bitcoin price will survive above $10,000. The current price is $11,369 and it shows that the price dropped not really big. So, just think positively and confident to see another rising time.

[Senin]

This, of course, was the next bitcoin exchange rate correction, which from June 26 began to fall rapidly and in price. True, many believed that this correction would be much deeper and longer. In the meantime, we have seen an increase in the price of Bitcoin just a few days after its departure for correction. Now, according to CoinMarketCap, its price is 11,882 dollars. Perhaps bitcoin will continue to grow soon if the relative business seasonal lull does not occur on the cryptocurrency market.

[Altcolets1208]

I believe this was just a market correction were bitcoin successively pump from $8k to $13k in just a few weeks. So we can say that once bitcoin is steady the altcoins pump and when bitcoin down altcoin down.

[HomelandPatriot]

I believe this was just a market correction were bitcoin successively pump from $8k to $13k in just a few weeks. So we can say that once bitcoin is steady the altcoins pump and when bitcoin down altcoin down.

Not really, today is BTC domination 63%, 2017 max 67,4%. First they pump BTC, later all the money go to altcoins. I think we have few BTC pumps left, after that ETH will be at 400$ minimum.

[Cryptoz]

I think that it doesn't mean to dump the coins. I'm sure that this is the market correction in order to measure the BItcoin and other crypto markets. Believe that the market will be still progressing. What we can do is by waiting for the better market again

[marcsymons]

Some of the Bitcoin investments are not really a real demand that some of it is just Big Whales trap so that the Bitcoin performance will pump even more attracting more people to invest. Now the big whales are claiming their rewards but its ok now as the market is starting to grow again but hopefully all are real demand.

[zemb]

I think the market has correction, Let's see a week again.

[pangeran]

I think that it doesn't mean to dump the coins. I'm sure that this is the market correction in order to measure the BItcoin and other crypto markets. Believe that the market will be still progressing. What we can do is by waiting for the better market again

I agree with your opinion, waiting is a very right decision to be made at this time. A market that is recovering soon provides benefits for its holders

[Tristanerus]

Last week we saw bitcoin rallies up to more or less $14,000 but now as I look at the chart bitcoin is now trading at $10,400. Are we seeing a huge dump to go back to $6000 level?

Maybe or maybe not, no one knows mate, if you wish to invest in bitcoin just make it in long term because bitcoin is good in that way, since its so volatile but very profitable once get skyrocket. Must believe it because its already happen way back year2017 which is bitcoin reach $20k and now there's a much bigger poasible bitcoin will get higher than what it max reached before.

[zilzylian]

The crypto market will always be like this, the altcoin is still waiting and Bitcoin continues to move up to $14k and back down at $11200. The market correction will always occur but if we have a large investment in crypto, then we should always look at the coin price movements in the market, do not let you experience a loss or leave the right time to sell at a good price.

[therozaq]

Last week we saw bitcoin rallies up to more or less $14,000 but now as I look at the chart bitcoin is now trading at $10,400. Are we seeing a huge dump to go back to $6000 level?

Maybe It is dump bro.  Because I see the bitcoin market still volatile.  But I see bitcoin is recovering slowly.  I hope It is good sign for bullrun.  Many investors  hope it too.  I also hold my bitcoin  and wait the bull market. So,  Let see at several months again.

[Debasco]

Market correction is better because one did not know the kind of error that it's in the other market so its better to correct market that one is familiar with and it make one to have better knowledge in of the market

[Lanirex]

Last week we saw bitcoin rallies up to more or less $14,000 but now as I look at the chart bitcoin is now trading at $10,400. Are we seeing a huge dump to go back to $6000 level?

Bitcoin prices are undergoing a correction, and I am optimistic the price will rise soon.  I am sure that happened because, yesterday's increase could make people interested in investing more in Bitcoin.