Post
Topic
Board Speculation
Re: Correction from $30K: Reason to worry?
by
carlfebz2
on 17/04/2023, 21:36:45 UTC
With price dropping today from $30K to around $29K, are you worried there will be a deeper correction, or return to bear market, or is this just the short-term correction before re-testing $30K?

individually, the correction that is happening to Bitcoin right now doesn't really have a big effect on me, because so far Bitcoin has increased very well and when they experience this price correction I think it's normal and certainly doesn't make us worry, maybe at this time the market is still red on bitcoin and there has been no sign of returning to where it was or increasing more than before.
We know that market is something that having that normal movement which it cant really be something that would really be having that single movement or just going up like forever.There's always a correction,

retracement, which means that instead on freaking out with these kind of movements, it would better for you to see to be this is an opportunity to buy cheap because we know that after some corrections or dump,
there's always a recovery which means if you are really that wise on playing up with moving of prices then you could make an advantage to make profits in short time.

Well, this isnt for everybody because making up short trades or active trades isnt something that could be easily pull off.