Quote from: DeadCoin on March 12, 2018, 11:40:00 AM

Quote from: jaklis43 on March 10, 2018, 10:32:41 PM

Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?

Can't predict but it's been stable from $7.5K to $9.5k. Current correction is listing for more than 70 days dropping around $3000k. We had a big correction in 2015 listing for more than 400 days loosing around $7K. But that correction taught the crypto community that after every correction there would be a great hike greater than the loss occurred. So let's hope for a quick recovery soon.

Bitcoin really hasn't been stable between $7,000 and $9,500. Just a week back, the price was close to $12,000. If you compare it with the correction in 2013, this would last a lot longer. If you look at the trends, the price recovers but it takes longer after each correction.