Post
Topic
Board Speculation
Re: When is next significant correction coming?
by
TravelMug
on 09/05/2024, 12:48:17 UTC
I think this is just my personal opinion there will be one more correction before the halving but we don't know when for sure.
because some big parties will dump cargo before the halving and will buy it after the halving.
or will we not see another correction during this year and will continue to rise
Yes, it could be something that might happen there will be no more corrections, but they continue to move until the peak. But is it impossible that the ATH will be faster than the time that often comes every 4-year period? It is, of course, also interesting to see if there will be no more corrections in this year.
All predictions will change and not be in accordance with bitcoin's habits. Is this possible? Let's just wait for the halving period to end. Currently the trend is continuing to increase.

We just even seen a correction in the last couple of weeks though, as we went as low as $57k right after the halving. There could be some bad news that week, and the investors just pushing the sell button. Nevertheless, as the market is very volatile, who knows, maybe the price could star to go down again as we are like -1.x% something in the last 24 hours. But this is just short term though, I mean the halving is done, and slowly their will be more demand throughout this year so we need to be resilient as well in this trying times. Around $61k-$63k at the end of the month is not that bad. And then after that, next 6 months might be found for us as it could be some big movements and we will break the last all time high of $73k.