What is the difference between the term, Bitcoin Crash and Bitcoin Correction?

[Thinker009]

I think Bitcoin crash is when the price starts to fall rapidly and did not make any intention to increase ,while Bitcoin corrections is when the price made some drop with the intention of increasing again

 

[Adecyptii]

The word bitcoin crash and correction are totally different,in the Case bitcoin correction mistake was either made somewhere,maybe due to wrong analyses.

 

[Bookwormlux]

In layman's terms, bitcoin crash is a bullish run while bitcoin correction may be described as a hovering market period before the market gets bullish

This is really confusing from what you have written. I do not understand how Bitcoin crash now implies a bullish run. I think it has to do with the prices dipping significantly.
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In layman's terms, bitcoin crash is a bullish run while bitcoin correction may be described as a hovering market period before the market gets bullish

This is really confusing from what you have written. I do not understand how Bitcoin crash now implies a bullish run. I think it has to do with the prices dipping significantly.
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In layman's terms, bitcoin crash is a bullish run while bitcoin correction may be described as a hovering market period before the market gets bullish

This is really confusing from what you have written. I do not understand how Bitcoin crash now implies a bullish run. I think it has to do with the prices dipping significantly.
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In layman's terms, bitcoin crash is a bullish run while bitcoin correction may be described as a hovering market period before the market gets bullish

This is really confusing from what you have written. I do not understand how Bitcoin crash now implies a bullish run. I think it has to do with the prices dipping significantly.

 

[Sotherefore]

Correction in cryptocurrency May involve a little rest after a continious uptrend.. and in this case traders do not have anything to worry about here since it is normal but crashing is unexpected sharp drop in the price of all cryptocurrency and sometimes are always unpredictable

 

[Bookwormlux]

Correction in cryptocurrency May involve a little rest after a continious uptrend.. and in this case traders do not have anything to worry about here since it is normal but crashing is unexpected sharp drop in the price of all cryptocurrency and sometimes are always unpredictable

This is a very clear explanation. So does this mean that whenever there is a crypto crash, like Bitcoin, there won't be hope to recover easily?

 

[Sotherefore]

This is a very clear explanation. So does this mean that whenever there is a crypto crash, like Bitcoin, there won't be hope to recover easily?

Not really, it depends on the reason why the coins are crashing, if this happens algorithmically... Then it might really take up to four months for us to recover fully from it but if it crashes because of sharp breaking news then it might recover within some few days or some weeks

 

[Rainlover207]

I am not too familiar with all these crypto terms too but I believe that this platform is a very good place to get some knowledge about anything while earning some bucks. And some answers are already given above. I will also do my personal findings to confirm the solutions given here. Thanks for sharing.

 

[Ononivami]

I am not a novice but I only come across these terms recently and I haven't find out time to study the meaning. Bitcoin crash could be a sudden dip when the major players sell off their assets while Bitcoin correction occurred over a period of time.

 

[greenie]

There is a difference between. Bitcoin crash and Bitcoin correction. Correction is just a slight dip in the crypto currency exchange Business while a crash will make the crypto currency exchange Business to go down much.

 

[Laurentta]

From my little understanding of crypto currency, i would say bitcoin correction is a slight drop in the price of bitcoin while bitcoin crash is a drastic drop in the price of bitcoin which could results in the loss of alot of money.

 

[Lens]

From my little understanding of crypto currency, i would say bitcoin correction is a slight drop in the price of bitcoin while bitcoin crash is a drastic drop in the price of bitcoin which could results in the loss of alot of money.

I don't think that the bitcoin correction is a slight dip but an impulsive move of the bitcoin after it hits the support zone . The bitcoin crash is a fu time downtrend of the bitcoin.

 

[Ononivami]

I don't think that the bitcoin correction is a slight dip but an impulsive move of the bitcoin after it hits the support zone . The bitcoin crash is a fu time downtrend of the bitcoin.

I don't really know the difference between correction and crash. I will take time out to understudy the two terms and it will be very good to know that. I will look into it definitely.

 

[Lens]

I don't really know the difference between correction and crash. I will take time out to understudy the two terms and it will be very good to know that. I will look into it definitely.

The Bitcoin correction is a small fall in the price of bitcoin. It is not always a significant fall but the bitcoin crash is a full-fledged downtrend of the bitcoin. It's very significant.

 

[Ononivami]

The Bitcoin correction is a small fall in the price of bitcoin. It is not always a significant fall but the bitcoin crash is a full-fledged downtrend of the bitcoin. It's very significant.

Thanks for the information. I just got to get a short tutorial on the bitcoin correction and bitcoin crash. The correction is often a pull back in the trend after an impulsive move.it does not necessarily mean a small decline.

 

[Sotherefore]

Crash of cryptocurrency is as a result of the fact that there is a sudden event or news that lead people to selling off their cryptocurrency but correction is just a normal retrace that deal with buying and selling.

 

[Setho]

Whenever there is a bitcoin crash it means that the price is moving far away from a point which is not realistic with the trend at the moment. Whenever there is correction it just means that people are putting profit in order to buy for lower.

 

[Bookwormlux]

They are all talking about how the cryptocurrency market tends to behave with respect to certain factors . Whenever there is a bitcoin crash, we get to see a lot of price of other coins going down too.

 

[Busybee]

If the price of the BTC drops about 3 to 5% or till 10 to 20% it would be looked at as a correction. If the price falls 40- 50% in a short term or in a day, it would be looked a crash. Correction is nothing but the market consolidation to enable new buyers and sellers when the market overextends it will enter consolidation mode to gain stability and to form a solid foundation. The crash happens when something negative happens to the crypto market or the entire Bitcoin ecosystem. Like Government Policies or such.

 

[Lens]

The bitcoin crash is the high dip In the price of the bitcoin while. This is seem with many red candles following each other. The bitcoin correction is just a small fall in its price.

 

[Ononivami]

The little fall in the price of cryptocurrencies is known as the cryptocurrencies correction. At this point we called say that the trend is in a consolidation zone. The cryptocurrencies crash is very there is a serious downswing.