Bitcoin Forum

The bitcoin price movement was pretty much a roller coaster ride in a range for the whole feb. Despite the bad CPI data from the US, the price jumped from 22k to 25k and even above. And after all that, we still got 25bps rate hike (instead of a 50bps), but the price reacted opposite again and dumped (from 25k to current price of ~23k).
Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?

I don't expect big movements up or down, although something can always happen that we don't foresee now that will make the price move a lot. As we get closer to the halving, I would expect to gradually move upwards and above the $30,000 barrier, although the bull run does not usually happen until a year later, but this price is very cheap and most of the bad leverage has already been liquidated, so the medium to long term trend that I expect is upwards.

In short, I think we are likely to stay between 20 and 30 thousand for this month.

For the recession, I still believe that even though it might only be created intentionally by certain parties. But besides that I also still believe that the increase in Bitcoin prices this year is still possible to occur even though market conditions are starting to look different now, because I assume that the price correction that occurs in Bitcoin in these two days is not too deep from the price that was once at achieved by Bitcoin this month. Then what about you, is there another understanding of the recent Recession and Correction of Bitcoin prices?

Mate, thats quite a big range you are talking about. Its almost 50% price difference between 20k and 30k :D Its already a sort of bull run if price goes to 30k from here.

I agree with your points. Price started to behave differently starting this year. It seems like majority of the ppl sold everything and the bots are helping to build most of the PA now. And for the recession part, I believe this will go up slowly upto 32k and then a flash dump like covid ?! (upto 15k again), followed by a full strong bull run thereafter to new ATHs.This is the most probable and deadly situation which arises in my mind :D But this is not what is going to happen in march imo, maybe will take another 6-7 months?

Spring has more often than not been positive for cryptocurrency. I don't pay attention to the weekly death cross, it seems to me that these are fears for crypto investors. I think the current price correction of all cryptocurrencies will continue in early March, but in general I think the bottom is already passed and we will see new growth in cryptocurrency. Especially until China allows crypto buying again this summer.

I think still depends on the CPI itself, not sure though, did it react the opposite? I thought when the Feds say that they are going to increased again that's why the prices goes down hard from $25k to ~$23.

In any case, I think i March we might see some flash of $25k and maybe we will try to attempt another to get over that price and then maintain.

However in the 4th week of the month, the price might reacted to price future expirations.

We are in the midst of it still but market has their own cycle. Yes the bps rate really plummeted the price but it does show how scared some people for a lower level but turns out it did rally up to 23k. Not sure about the month of March but probably another rally again, cause reaching 30k is quite hard at the moment. Ive seen the price of btc being held up at 25k and from there we didnt break any levels means still too early. Maybe when we are close to halving we can feel the effect of a hurry run for btc price like the old historical information when bull run always on the go.

March will be really important for the Bitcoins and where it will go for the rest of the year. February started with very positive signs. Suddenly from 19k usd Bitcoins went to 25k usd, and gave us a big hope for the year. But last week, it’s really hard for Bitcoins. The price is fluctuating and Bitcoins trying really hard to break the 25k usd resistance and come out. If Bitcoins anyhow manages to cross 25k usd this month and touch 26k usd, then definitely next month we will see high graphs and green charts. I am expecting in March Bitcoins will at least come to 40k price range. Let’s hope for the best.

The negative effects of US economy slowly falling apart seems to have practically vanished from bitcoin market. Apart from CPI we also have the US stock market in a pretty ugly shape with continued dumps. For example S&P 500 has been dumping all through February, that's even despite the market makers' attempts at reviving the market with pumps in January.

If this trend continues we could start seeing bigger bitcoin price rises in the coming months and possibly even going back closer to more realistic values for bitcoin than the current undervalued state that got stuck.

I am still very bullish, and I expect that bitcoin can still touch 26k-27k before there is a big correction. In 2022 many people think that it was the economic crisis that caused the price of bitcoin to drop, but I believe that 2022 is a bear year, crisis or not, bitcoin will still fall and FTX or luna will still happen. Bitcoin is still being manipulated rather than operating according to the economic situation.

If BTC were to stay in line with the 50 day average for the duration of March and the gradient of gains remained the same it'd give an end price of about 26k.  Nothing dramatic but alot more positive then having to retrack through all the 20k prices.  Most people dont think BTC will descend into the teens again though it could given enough bad news and fear in the markets.

 
I think this March the resistance will only play between 23k$-25k$ we are only in the first month of the year 2023 so we can't say what can happen yet.

      This is still based on my speculation, because what's important to me is that I can keep bitcoin in my wallet address little by little so that I don't end up with a zero balance in bitcoin when the bull run finally enters.

A recession is just a problem economy but maybe we don't realize it ^{[is happening or will happen].} Many people consider inflation and other things before making their investment decision, but that hasn't deterred some from jumping in and buying at every dips. A fair consequence is to remain optimistic about bitcoin, it will only improve over time and maybe we will miss the train if we doubt its potential.

Sooner or later $23K will just be support for the bitcoin price which will jump up - and it's only matter of time before most people believe the bearishness has passed.

Looking at the monthly chart. Considering the price will stay at this range then Bitcoin will form a doji candle which means that there will a strong movement on either but more on a bearish movement using indicators. A doji candle on a monthly timeframe always results to a change of thread which is bullish to bearish base on the current price condition.

TA wise, March will be another bloodbath but the CPI results is a wild card to change the direction of the trend since FA is more powerful than TA in time like this that the price is currently in sideways.

Traditionally March hasnt been the best "green" month for Bitcoin.

https://lh3.googleusercontent.com/-SMMfXDQgx-8/Y_uLca0GsWI/AAAAAAAABTg/hA8VbwbvwIoef6-wPLEuZuDNAQ7li9gyACNcBGAsYHQ/s1600/1677429616081500-0.png

https://twitter.com/relai_app/status/1554144928959270912

Personally I think March will be similar to February, we might have some price pumps
but wont be anything substantial, still a bit early for the Bulls, but they are coming !!

https://i.postimg.cc/qq86k6pp/image.png

The bitcoin price forms a very strong support level starting from 2019-2020, and it will not let the price fall below. In the current period, the price may fall to it in order to consolidate, after which it will certainly go up, and this is even worse if there is some very negative news. Therefore, keep in mind that you can buy somewhere for $ 17,000. I really do not recommend selling Bitcoin now. And I want to note that this forecast is just for familiarization. I do not give guarantees, you make all the decisions yourself!

Recession might still play a significant determinant of the bitcoin price movement in the coming month. So I wouldn’t be surprised if it affects the price this coming month. But my guess is that since it could still maintain this level despite the bad CPI data from US, holding on to the 22-25K range, then recession effects on the price movement will significantly and continue reducing overtime. If it holds this range, I foresee a price movement to about 30K next month.

I will be bullish for March still, I think we can get to $25k, just in the last 24 hours, we have a good pump and hopefully we can maintain around that $23,500 to $24'ish as we enter March.

And so it's just a thousands of dollars pump and I think everyone is waiting for the biggest barrier to be reach and broken again. CPI reports might be that catalyst and hopefully it will be a positive news for next month. It's just the question of how we are going to sustain the price at $25k again.

The 25bps that we got was already priced in. We got bad data after we got that fed hike. It all started with the extremely low unemployment, high CPI, higher revised previous CPI, PPI and PCE which was a couple of days back. Its not looking good.

If we get a 50bps hike, which is possible then its not good for Bitcoin or the stock markets. However we will most likely get a 25bps hike since the fed doesn't seem to want to be too hawish and break something like the BoE credit market last year where the BoE had to intervene.

So, you criticise me for what you think is too wide a range and now you are making predictions 7 months ahead instead of this month, which is what the thread is about?

 ;D

I see you lead by example, my friend.

Let me have your crystal ball, which is obviously better than mine, and see if I can guess this month's price.  ;)

Regardless of whether March is not so great to expect price hikes, in reality we still don't know.
I just don't think you should worry enough about short term price volatility because basically not everyone expects short term gains. Even if bitcoin can break below the $20K support, then that will only give long term traders and investors an opportunity to get one more dip to buy.

Just invest and hold on brother, it is one of the best options to prepare yourself for good benefits in the long term. I have had this belief from the start, and it should be shared by other users as well.

From my own view,the correction price of bitcoin from 25k-23k,shows that bitcoin will go above 25k by March. The 25k price resistance is a significant of what happened late January bitcoin price movement to February when bitcoin resistance price was 23k. From 23k,the price went down to 21k and after that, what we notice was that the price pumped back to 23k+ and after that it moved gradually to 25k,that is how it breaks through the resistance price. This year bitcoin price will pump high. To finalize it all bitcoin price will get up to 26k-27k this March. We are close to the bull run,I don't think that the economy can have any effect on this because Bitcoin movement is cyclic. I actually don't bother myself about the price,since I am hodling for long.

I have no prediction for March, but what I do expect is bitcoin could fall again, and if it can drop below $20k, that will be a very good price, simply because I want to buy bitcoin at a lower price than now. To be honest, bitcoin's price appreciation too fast and too soon will cost us the opportunity to buy bitcoin cheaply. Because I believe that once bitcoin goes up again, we won't have a chance to own it at a low price, which is a sad thing, not a happy thing.

My Bitcoin prediction will hit $30k in March, but then there will be a correction below $20k. I still think this year will still be a bearish year, not a bullish year because looking at the economic situation, it is difficult to expect a strong recovery. And we are still far from halving, expecting a bull season before halving is extremely difficult.

We'll see what price Bitcoin ends up at at the close of February. $25K is still the price we expect as support in March although the market is still running with its current cycle.
Later in March we are still waiting to see what the level of recession will be as it could affect the economy as well.

$18K has passed and $25K has been reached. Now the price is back to $23K. Therefore, there is no particular expectation as we are still enjoying how Bitcoin travels from month to month and year to year before the new ATH arrives.

That Blue line over the picture that I just share is the 200 daily EMA. A strong indicator to know whether a cryptocurrency or a particular stock market is on a downward or an upward trend. Right now, Bitcoin is above that EMA meaning it's on an upward trend. It tried to go below there once, but it bounces up again.

I think as long as Bitcoin will not go below that 200 daily EMA for the month of March, I expect Bitcoin to go up to even higher than $25,000 unless something negative happens that will affect the whole crypto market. My early prediction of $17,000-$25,000 might not happen anymore, but who knows. The current price of Bitcoin right now is within the range of my prediction.

https://i.imgur.com/BbhOyf7.png

Same, I am not expecting a lot on the upcoming months. While the economy is still not doing better we should not anticipate a bull run to happen. $22k-27k. That's my price range. If it goes 27k, I will rejoice because that means we are breaking floors every month. Even if it will be a slow reaction up, it is a positive movement. That could also mean investors are putting their trust back on saving more Bitcoin rather than cash which also means the economy is getting better.

Bitcoin in February has twice tried to penetrate more than $ 25k but finally failed and was forced to experience a correction to form stronger support for bitcoin and I think this will last about two weeks or three weeks if there is no FUD circulating for bitcoin as we know that bitcoin is quite sensitive to news.

I still believe in a recession, but there are several possibilities that a recession will not occur if everything returns to normal, at least economic turnover and growth are going well, even if a recession occurs it will not have a global impact, maybe only certain countries will experience it.

Actually in February is quite high because we are in the range of $23k, I think Bitcoin can still last even though it is $25k it doesn't last long to maintain it, but indeed the support point is still quite strong even Bitcoin is almost $24k but it drops for a few moments and indeed At least it takes a few weeks to get to a higher level in March there is still hope where Bitcoin will return to become a positive trend again.

I am not very worried about this recession is still quite normal and there will be no worse impact but with a few strong countries they can survive and only a small country might feel that impact, whereas on the influence of bitcoin it will not make its value down more severe Because investors are quite sure they can survive with Bitcoin.

What you think will happen to BTC in the next few minutes is always different from your thought. That is bitcoin is unpredictable. But we can just give a guess work that can be closer to the prediction. Yes February is a blessing to some of the new comers to BTC and not to the old users. For the month of March, bitcoin will still be maintained on the level of 23 to 24 interval rate.

Let just be positive over upcoming month we are already rolling in and I think we don't need to panic over it because the market is filled with lots of surprises, you might predict or expect the market to be at uptrend without knowing is going sideway. From my little knowledge I know we are still at a good entry point which if anyone wants to buy then he is at a very good point to venture into it.
As per the hodl they should be very strong at holding.

The whole February ride was indeed like a rollercoaster. In the second half of the month, there were repeated attempts to break the $25,000 resistance. It proved to be a solid one. There was rejection every time. But the rejection cannot also give a solid blow because the support at the $23,000 level is also a bit solid. It has been holding strong and even serves as a platform for another attempt.

March could either be a make or break for Bitcoin. It is either $25,000 and beyond or $22,000 and below.

I guess it's the same, it makes no difference. If new users had the opportunity to buy at a dip during February, then it makes sense to think of existing users buying it too. Imagine how many existing users are considering DCA in these market conditions, so in the end everyone can benefit from it.

The $23K - $24K level is possibility if the market doesn't get hit by bad FUD. On the other hand, trends can change quickly causing panic which in turn causes the price to fall below the expected support level. But anyway I think $25K is resistance which will soon be hit and defended.

We are still good despite of some tiny falls so I expect that march is going to be a positive month for Bitcoin. Very different from what we have on the past march. We don't know maybe the guy is into shorter terms, that is why his a bit worried so we must respect him. Like I said earlier, the price isn't really bad so maybe he can sell now as long as he still have a time because the month of march is now approaching.

This is for him to not have regrets in case the price ever dips but for us who are into longer terms, there is no need to wait for the price to go below $20k but we can always do a DCA. Long terms investors must seek for ATHs only, not ATLs.

I don't really think there will be a correction back to $20k if the price once manages to reach $30k or go across that line. Currently, $25k is the resistance, and breaking that would give us the next target which is $30k. If it touches that, we will definitely see it touching a higher point and then we will most likely have $30k as support as it moves forward.

Although it's all speculation, these seem to be the most possible outcomes seeing the current price and its movements. If it goes back towards $18k from this point, it will definitely take more than a month again to recover from all this.

I do not think that we are at that "make or break" level just yet. Even though I believe that we are going to break above 25k during march, I also think that even if we fail to do that, we are not going to suddenly start dumping neither, it is going to be fine and we are going to do fine. We just need to make sure that we could handle all of this in the long run by making the price stable, if we can achieve that then we should be going higher just fine when the time  comes.

However, if we fail to make it stable, then whenever it fails to go up, it will go down like you said and that's not good for us, it takes time to recover from that. We need to try at 25k then go back to 23k and keep doing that.

In March, I think Bitcoin can increase to $ 25K or even more but the price can also go back down to under $ 23K. The market trend at the end of February shows a downward movement after the price of Bitcoin is unable to increase again and like there is something that inhibits Bitcoin from increasing and being at $ 24K.

But it will all change and Bitcoin will have more opportunities to increase. Meanwhile, I am still waiting, seeing where the market will move, and trying to buy Bitcoin.

Yes, this is our goal: $25k or more this March. We had the opportunities to see this price, but speculators are selling. Now we are still under $24k and the resistance is $25k


We will wait for a positive news though. The market is not moving at all, $22k-23k range, and that's why if we wanted to see $25k, there should be like good news from US or something that will turn the market again to be very bullish.

If they sell because they are in profit then they are doing the right thing since taking profit when they are bullish is more good option rather than taking a risk waiting for huge bull which provably will not happen for now. And since it shows that they do the right decision then maybe its also good for us to wait then take positions when market shows opportunity, although its hard to find but if we follow always the movement of the market maybe we can see some good positions to take.

A classic of technical analysis. 50/50. Either up or down. :D
But it seems to me that the 25k resistance will be broken sooner or later, because there have been many attempts to do so already. And if we focus on technical analysis, after many attempts to break the trend, eventually it happens. So I expect March is likely to be green. Although it is impossible to consider all world events in such a short period of time.

From the Technical points of view Bitcoin faced a 50 weekly moving average resistance at $25k and since then has been unable to break pass that level since this month, which means the resistance is likely to be respected. As we can't break this level of resistance and the month is ending today, if we close below $23k this February, technically march could be a slightly pull back month for Bitcoin, maybe between the first week to second week, to visit the $21k zone again before gearing up for a move to the upper side.

I dont consider for it to be a dumping in price which would range up from 2-3k price decrease which it is actually could be considered as a normal day here on crypto space and something not really that shocking.

As for March then im not really that trying out to believe if there would be some pumps and dumps.I would really be making myself versatile as much as possible which i could make out buying or selling decisions

on shortest time as possible on which there's no specific or fixed targets and it would really be on point but of course it would really be depending on someones approach on how they
would gonna deal with this very volatile market.

I agree that it is not going to be based on the previous years, just because March was good or bad, doesn't mean it will stay good or bad. I have seen plenty of times when things changed, even that chart alone shows one month being great one year and not so great next year.

This is why I think it is important to take what is happening right now into consideration before we could go on. In any case, I believe that it is going to be pretty tough to overlook the fact that we have gone up decently, forced to backdown a bit, and we are going to keep trying to go higher more and more. Obviously it is not going to work for the quick term or anything, but it could probably work a bit better long term.

Rejection could sometimes be hard. Although repeated attempts at $25,000 would probably weaken it over time and it will finally collapse, any rejection could also deal a heavy blow. It is very possible that a failure to capture $25,000 could mean a correction that goes all the way to $22,000 or below.


It's funny but true. If your predictions are not open to other possibilities, you will definitely end up a failure. You will sound like McAfee. I guess there's no analyst who insists on a certain prediction as the only way Bitcoin would definitely take and anything else is not possible.

I thought it is a poll but yeah it is about expectation and mine ? I expect that at least the unfinish business of Bitcoin last February to break 30k will happen , this is a pending movement as the 25k barricade had already broken and only a matter of time and support to hit 30 once again.
but I don't wanna look for too much as there a things that unexpected and which can ruin our desire to earn.
it may or may not of course but at least this is a safe expectation lol.


maybe you missed the market checking couple of times mate?

25k had been broken several times but did not manage to maintain that level.

this is what according to CMC


https://coinmarketcap.com/currencies/bitcoin/

It's really hard to see any pattern, I agree. It's like no one see the future and know what is gong to happen for March. We will just have to base everything on pure speculation or what we are seeing in the market right now.


So far though, market remains to be bullish, we have seen the price dropping significantly and we always recover from those bout of suddenly free fall. Now we are still above $23k which is a good indication that we are still very much bullish for this month.

I also believe that the market divergence in February is consistent with a minor correction which is an important characteristic to continue to expect a higher rally.  Bitcoin opened the February candle from 23k125 and promptly closed the candle at 23k141.  This really makes a lot of sense to believe that bitcoin will soon break the 25k threshold very soon, the hodler continues to hold on to the long-term trend.  Perhaps there is no need to continue showing an impressive recovery like January but overall the market gives extremely optimistic signals.

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

Let's say $24k might be the easiest target for March and this could be our goal first. $25k has so much resistance that it's hard to breach it and then sort of stay along for even a day or two.

Of course there are going to be individuals who want to squeeze some money whenever they can, scalpers or day traders. But it's more difficult though, unless you are a experience trader. For the majority of us, it's better to just invest and buy whenever we can and be a holder.

Today Bitcoin has also shown a slight recovery from $23K to $23,800 which almost touched $24K. And that could also be a good sign for Bitcoin holders in the long term as price recovery is yet to come this month and in general the year will look better for those who are sticking to Bitcoin. I also still feel very optimistic about continuing to hold Bitcoin and will not be selling it in the near future even if Bitcoin can penetrate $25K again this month.

It's a good investment plan to buy bitcoin with spare cash, especially now that the price is still at the bottom. If you are a long-term investor, it does not matter to you whether bitcoin is worth 20k or 25k now. Surely in a few years, after the halving, when inflation is almost gone, it will be a completely different amount.

Just invest and hold on is indeed a sound plan at this current time. The thread
is already full of speculation but in the end the question was what does each of us
expect for March.

If we expect a green March best buy now
If we expect a red March best buy now

As regards dipping below $20k, its possible but $25k again is also possible.
Personally I wont be holding out to buy below $20.

I believe that forcing yourself to live a bit of a frugal life, cutting costs wherever you can, and then putting it in crypto during this period is very important thing to do. I can't really say that it would be the best thing to do, of course there are situations where you would have to spend more, or you could feel mentally unhappy so maybe spending some by going out or having a few drinks with friends and all could make you feel better, but at the end of the day it would be limited and not common.

I suggest doing that, and buying right now when it's at the bottom, but keep doing that afterwards too, just accumulate as much bitcoin as you possibly can for decades.

Buying Bitcoin now is definitely a good idea as a good investment, and market trends prove it every time. We may not see Bitcoin at this price in the future, as Bitcoin is already in its uptrend. And if any investor starts investing in Bitcoin then he continues to invest in favor of the market.

If you are going for long term then anytime would be always the best time on accumulating bitcoin since the price isnt really that high but if you are an investor or trader who do really mind off about getting profits on short term basis then you would really be that mindful in towards your actions.Speaking about monthly closes and opening then im not really that mindful because we cant really be sure if there would be some news or events which would really causes up for the price whether to increase or crash and this is why it doesnt really give out assurance.The key on here is that you should really
make yourself that versatile for whatever things that you might encountered ahead.

Beginning in March we again saw a good movement from Bitcoin, there was a significant positive surge, the price of Bitcoin reached $ 24k even though after that there was a correction that occurred but not too deep but we continued to happen then it was a good sign, and I think that if there is nothing big, it is likely that the price of Bitcoin will be stable without any significant price shift.

That's true, since the beginning of the year the price of Bitcoin has continued to move in a positive direction slowly and now it is likely that the trend will continue.
I am sure that in the near future the price will pass $ 25k so therefore of course I agree to buy Bitcoin at this time.
And even I think if for the long term at any time is the right time to enter buying Bitcoin, it all returns to the beliefs of each person towards the future of Bitcoin.

The price did touch 24k yesterday but wasnt able to sustain and got a sharp fall back to around 23.3k overnight. This phase is getting a bit difficult to predict now ::)
However I will wait for it to break under 22.7k or above 24.3k to make any one sided decision.
Side note: Yeah, I did lose quite some money on that chop yesterday, but nevermind.

And we are already in March but it looks like the price is back down a bit after hitting a price above it. So we must be more patient and shouldn't complain because it's only time for bitcoin to start rising high. And if we look closer, it seems the price will have a sideway in early March, but that is just speculation and better to analyze for more.

If a lot of positive news comes out this month, it will push the price to increase immediately. It is possible that it can immediately make the price reach $ 30k even though the market will experience another correction after that. The movement of bitcoin is becoming increasingly erratic and difficult to predict. Even though we have analyzed it properly, we could be wrong because the movements have become wilder.

Even if bitcoin is above 25k, it's worth buying, I still DCA monthly and I won't mind bitcoin price as long as its price is still lower than old ATH, its still worth buying. Regarding this March bitcoin price prediction, I still believe that bitcoin will continue to rise, and maybe 26k-27k is the level bitcoin can reach before the correction. Bitcoin price has increased for more than 2 months without any correction, I believe it may be time for it to correct, we can't expect it to increase continuously.

I think it is basically just an up and down based on how we try to go above 25k and fail. So, right now prediction is "simple" in the sense that it will go up, and then it will go down, and that's how it is going to be for a long time.

Either we will break above 25k, in which case it will be great for all of us, but if it fails to do that then we are going to end up going to 24k and a bit above, and then down under 23.5k and that type of movement will repeat itself until we move above 25k as well. That's the good thing about crypto, you do not need to know the exact price, just know the movement and the direction it is taking and you could be making a profit from it.

https://i.postimg.cc/vZx9K0wc/75-A48623-A830-493-B-8-F47-30-C995-F71-AB5.jpg

Yes, I think some of the more specific signals would be, March while there isn't a lot of historical data in bitcoin's favor I agree we will also have pump levels and correction lows.  As for volatility, I think it's a shorter swing with more long-term holdings expected. so the scenario still looks very viable for the "green" color.  this March.  The ability to keep 22k4 will be a big point so that the possibility of price increase beyond 25k is more possible

In the last February, Bitcoin chart was very positive but in March it took a negative form. In the case of BTC, such a image is not unfamiliar. The tendency to be upward this week is much lower. Because many of us know that US manufacture index has reached the negative position of this month. As a result, the price of BTC has suddenly dropped. In the last seven days, BTC has decreased by about 7.6 percent and about 4.2 percent in 24 hours. Since March is showing a negative index form the start, it can be a little difficult to expect something good this month. However I hope the positive image of BTC can be seen from 3 and 4 weeks of this month.

Many analysts predict that we will see sideways still occurring this March and maybe will tend to be bearish because there is still a lot of negative sentiment going on in the market, right now I think we still need to be vigilant and really patient in waiting for the right time to buy, right now the price is already $22K or down about 5% from the previous price in the range of $ 23K, this shows that if indeed the bullish that happened some time ago was not able to break through price resistance and the possibility for the price to bounce down could still occur if indeed the market conditions it doesn't get better soon, to be honest I personally hope my prediction is wrong, but it looks like bitcoin will return again to support at $21K in the near time.

Historically, March is a very bad year for us, I still remember it was the start of a bear market in 2018, all the price really going down hard in that year. Nevertheless, the price is where it should be prior to the FTX collapse that really affected us.

So still very good to be just above $22k, the price level that is neither good or bad. So we can lived with it even if we are still very much positive in the month of January-February, we are still looking for the price to really break $25k barrier, and that should be our target.

I am sensing that it could finally go above 25k, that's the biggest target right now. I am not saying we "will", all I am saying is that we could, and maybe that will be the expectation for march to many people. I know that it's not going to be easy, but it could finally happen and when that happens I am not expecting it to go down under 25k anytime soon neither.

If we could achieve that, then the price will go up without anyone holding for a while, might go as high as 30k, which will make it a good thing. I can't really say how much time it will require, like maybe in a week, maybe last days of the month, but I sense that it's going to probably happen this month.

Recession is true and it can still happen considering the crisis in other countries, my expectation for this Month is more about corrections and we might see the bottom for Bitcoin if worst cases started to dominate the market again. You have to consider a lot of things here, Bitcoins seems to drop more on its price this Month and the whole market probably will be affected by this. Bitcoin should hold on to the price of $20k above, or else expect a big fud in the market again, don’t catch the fallen knife, its too risky for now.

Guess March doesn't have the best track record, maybe I amalgamated it with Feb and those gains accumulating some.   A pullback is normal occurrence not entirely the negative it could be taken when viewing only in seclusion.
  Anyhow right now we have a failed breakout, we were descending then appearing to beat that.  We did not confirm the breakout but instead had reversed harshly and I see us in a lower range now, down to 21.4k as a possible support area which is about Feb 10th lows and early Jan highs.

Although a few years ago in March there was often a correction but there is no certainty for this year, despite the bad start of March but we have many days to recover from the market correction, so remain optimistic that we will see a high recovery soon even though it will take a few months going forward, so let's not focus on march but we have another month to hit the bull market.

As investors, of course, we hope that March will be the beginning of an awakening, if the market continues to be red, then we will wait longer and maybe many will be impatient, so they will sell at low prices, sometimes the movement of bitcoin is very wild, and hopefully this March can repeat the increase in last January.

We all know bitcoin movement is wild, so once you are an investor, always have a strategy in place for both market scenarios. I still expect bitcoin this March to continue to rise, but if things don't go as I predicted and bitcoin falls again, I'm ready. I always have a fiat reserve in case of bitcoin drops again, that would be my chance to collect more bitcoins at a low price. I firmly believe that in the future, bitcoin will definitely recover and reach a new ATH, so whether bitcoin will recover or will continue to fall, I don't worry.

my hope this month can only see bitcoin price stay above $25k.
talking about a recession I don't know much about what a recession is, what is certain is that a recession can have a bad impact on the world economy. I read the news that the economic situation in my country is still under control and the inflation rate is relatively low when compared to many countries. I believe in recession but I haven't felt it and don't want to feel it.

still a roller coaster mate , expectation in march is not different from February because the market keeps being stagnant at 20k level though it breaks 25k couple of times but still falling to 22k now.

maybe this is the same at last month , 1st quarter will remain like this lol.

It is true that the symptoms of March are very similar to those of February.  However, observing the first week in March shows that this phenomenon was observed in the second week of February. Because of these changes, I am still undecided on how the end of March is going to play out for Bitcoin. Anyway I think only after observing the second week of March will understand how the result of March is going to be.

Basically BTC is now looking towards the US where bond yields are likely to rise. Borrowing becomes more expensive if bond yields rise. As a result, any business or stock business will naturally decline. It is not possible to say in advance how much the upward movement of BTC will be possible in March. We need to wait some more time. BTC may turn bullish again if there is positive news. But I don't see anything good in March.

Bitcoin started the year with a healthy uptrend and relieved crypto investors. But since the end of February till now it is again a depressing and slow market condition for crypto investors.

I think the market will remain like this until next April, maybe we can see a healthy uptrend again in April. Crypto investors will take their next decision based on market conditions.

It has been a negative moment for bitcoin since March has started. Bitcoin is losing price since then, hiting the 22,000$ support level already, in a very sharp momentaneous crash. Although there was a recovery after that, it still looks a pretty bearish moment, which can continue pushing btc price down to lower and lower support levels. The tendency indicates pessimism among  crypto investors for now.

Despite Fed's Jerome Powell speech today that the ultimate level of interest is likely to be higher than previously predicted, Gold reacted and dropped in price But Bitcoin had a slightly drop to $21,950 and later absorb the news, and has still not break the daily support level at $21k, this shows sign of strength and also shows that Buyers are still active in the market. It likely that the month of march Bitcoin will likely do more of consolidation.

Ok, thanks for this news, so it's most likely the cause of the sudden drop, fortunately, it is still above $22k now, so it bounce back. As we all know, every statement coming from the Fed is really going to affect any market, including gold.

Hopefully we can go back to $22,500 because that is the price prior to the announcement from Feds.

It's just a couple of hundreds of dollars and most likely we can get it thru this week.

That is mostly because price failed to break $25k resistance. Usually the day traders panic sell when something like that doesn't happen, hence create this kind of drop. We are still far above the resistance so I wouldn't start talking about pessimism yet.
The other reason is of course the terrible economic situation that is going on everywhere with inflation and recession.

Yeah it failed and there's really a strong resistance on that level of 25k which the price had rose up for how many times and trying out to have some breakout but it did failed and eventually bumped down and goes back into lower levels but not really that much since we are still that -3000 on the current price that we do have now.Speaking about expecations for this month of March then when we do look around about fundamentals then i would say that it would really be that bearish but we know that crypto market could neither be affected or not with those things but its not bad for us to be that
prepared for whatever things that might happen because this is how this market do acts out which you should really be that versatile.

but looking at that chart? it shows that in march also happened the second highest spike from Bitcoin price amounting to 171%? back in 2013 and also the highest happened same year when bitcoin increased 400% percent.

this shows only one thing that there is no complete list to tell market what can achieve , either this is January to December because the volatile market like this will keep making its way to the top or the opposite side.

Doesn't look good isn't it this March, just past a week and the price is way below $22k now, current price is $21,6xxx. Maybe it was because of the FED numbers or that Silvergate news today and says that they are shutting down it's operations and liquidating every one.

So it's hard to see $25k for this month in my opinion. We need positive news around to turn the market around just like January.
And there are no news coming so I guess we should be on a lookout if the price will go to $20k, the biggest support line.

Things are getting worse, too much negative news is hitting the market.
Yes, Silvergate has announced a shutdown and will be liquidating all assets, including cryptocurrencies. After 2 hearings of the Fed Chairman in the House and Senate, all predict they will raise interest rates by 0.5% is almost inevitable, and the bad news I have just updated is that the US president proposed to change the tax regulations for crypto.

After 2 months of recovery, now is the time to prepare for a correction and possibly a strong correction. I predict bitcoin can drop to 20k.
https://i.imgur.com/Vg15DjS.png

Such negative news will naturally slow down for the market. The negative attitude towards crypto is a major hurdle to overcome. We know that as interest rates rise, people will be discouraged from investing. Borrowing at high rates can have a major financial impact on repayments. As a result, there will be a major shortfall in investment in that country and overall negative for the financial sector, Stock exchanges and trading platforms. The current US negative attitude could certainly push the price of BTC below $20K.

The point is that everyone who has ever been involved in investing in Bitcoin will hope to be able to make purchases and provide maximum profits, correction factors that occur in the market can sometimes benefit those of us who do not have large capital, so we can take opportunities to buy. To be honest I hope that for the next few months bitcoin will stabilize around $20k, so that it can be used to make purchases for anyone, because the ATH achievement process is likely to occur in the next year.

Taking advantage of buying during a downturn will lead to huge profits when bitcoin will again reach ATH, that's why the ongoing correction process will provide great opportunities for people with small capital to invest.

Of course I hope that March will rise and reach $30k soon, if the market is still like it is at this time of course it will be difficult to rise until the end of the year, I'm sure if there are no cases like LUNA and FTX until June then this year the market will rise again, lots of analysts believe 2023 determines whether bitcoin's future will be bright or dark again in the following year.

What you say is not wrong, if we are long-term investors with the foresight to achieve greater results in the future, it is clear that the bitcoin drop is an opportunity, not a panic.
Today bitcoin has also dropped below 20k, it is difficult to know if it will fall further, but this price is already too low for those who missed bitcoin in 2022. I expected bitcoin to recover and hit $25k before correcting back, and now things are going according to my expectations. I am ordering from today.

March has been running for 9 days and I think what has been achieved at this time is quite good, although today there was another correction and it seems that it will fall again below $ 20k, let's wait whether 24 hours later the price will leave $ 20k or drop below $ 20k, if bad thing happened that the price was under $20k so I'm already prepared about $250 to buy again.

Just as everybody else was saying, I also don't expect much huge changes on this short amount of time.

I've seen a couple of threads with almost the same question as this one. The only thing that varies is the time period, still my answer is the same not unless there is something that can provoke the economic situation that can hugely affect crypto.

There are even companies related to crypto who withdrew there investments yet there isn't much change on the market price, and that's enough proof for me that on this short period of time there wont me nothing much to expect.

it is right to say that 2023 started a good performance and of course till end of February , but look now at march maybe we can see another act of bad marketing and we must be ready for what to come?
recording the market now ? yeah the price returned to 20k level again now but yesterday it dumped badly to 19k.

Yesterday the price fell again below $20k, of course this was unexpected because in january the price skyrocketed from $17k to $23k or up more than 40%, but whatever happens with the current price won't make me panic because I want to sell bitcoin if the price is over $50k.

Supposedly if the market doesn't face any bad news then march will be ok but we are facing some news affecting the crypto market so many assumptions that the market will collapse we have to stay optimistic because the market is starting to recover again and we hope not to go back to $19k price , the current price scheme has been unprecedented for the past 3 months and it is very potential that the market will increase significantly ahead of the halving.

The current situation has depressed the Bitcoin market.  Bankruptcy in the United States has caused the price of Asbi Coins to skyrocket. Bitcoin market down due to Silicon Valley Bank bankruptcy. Because all the victims have affected the Bitcoin market due to stock withdrawal which has led to this cryptocurrency market crash today.

Now in March the price of Bitcoin is still at $20K and that's not too bad in my opinion as in the last two months Bitcoin has only touched $25K for an initial recovery after last year's big drop. And I'm fully prepared for what's going to happen to Bitcoin in the next month because I still have faith that Bitcoin won't stay at $20K for too long.

Not so much bad news this month, but it can still influence the price of Bitcoin in the market and can still make some people who hold Bitcoin panic so that the release of Bitcoin at cheap prices still happens very often and this is something that is not wanted by those who still hold Bitcoin and believe in a better price for Bitcoin. Hopefully this month the Bitcoin price won't create another low price because I'm being patient to see the next halving and the next ATH on Bitcoin.

Such is the fluctuation in the price of bitcoin that it can cause a decrease or an increase. If we look at the recovery point at the beginning of this year, then many people predicted this was a move towards the $50K price but eventually the correction also came back. For some long-term holders, whether or not a correction is not a problem for investments made in bitcoin, because when a correction occurs it can be used to buy.

Panic will not bring anyone to a solution and the steps you have taken are correct, you just need to be patient and stay calm in the current correctional conditions because the recovery process is expected to continue after some market sentiment ends.

Early march the market continued to decline and hit lows about 4 days ago at a price of $ 19700, and it was not long because the price was able to return to $ 20k and today it has risen more than 9% to around $ 24500, hopefully this day will continue and the price in March it can touch $ 25k, I'm sure if the price of $ 25k can be reached it will be trending on many social media so that it will keep the price going up.

We are still more than 2 weeks until the end of the month so there is still a chance for bitcoin to hit $25k this month. Although the world economy is still in a lot of turmoil with the collapse of two major US banks, it is also a good thing for bitcoin as people will realize that depositing money in a bank is not as safe as it is they think.

In which markets have you seen Bitcoin increase to $24500? Due to the price that I saw in the market today it only increased to $22600 which represents an increase of 9%. And I'm quite happy with this increase because I'm still holding Bitcoin at this point and plan to keep it long term or until the price of Bitcoin actually makes me tempted to sell it.

Saving money in a bank does not guarantee complete security, but a bank can still be a temporary place to save money before we use it for important things. And saving Bitcoin also has risks if you store it in the wrong place and don't really consider the security of a wallet. So these two things actually have their respective risks and levels of security which the owner must understand and know.

We are already in the middle of March and it seems that the expectation of $30k is very unlikely. maybe by the end of March, the price of bitcoin will stabilize around $ 22k - $ 23k. besides, the issue of SVB still gives a little panic effect (FUD) in the market.

All those people who ended up thinking that March would be a terrible month just because we had a small drop could now probably kick themselves in the foot for missing this chance. And anyone who saw clearly that bitcoin would recover and this was just a minor setback and bought back in at under 20k could be feeling super lucky but they are not lucky, they actually knew what is going to happen and smart.

I think it was obvious from the start and it would recover, I have to be honest and say that it wasn't this quickly that I assumed it would recover but I knew that it would recover and that is why I didn't sell a single coin, not bitcoin, not anything else.

what kind of news are those? because that is different from what we are seeing in the market now mate and look at the movement https://coinmarketcap.com/currencies/bitcoin/ and that shows how the market can recover in a split of an hour or at least daily.
let us all hope that this will come above 25k and stays or breaking the 30k finally after long months now.

And in the end, no one can predict the bitcoin price. I remember at the beginning of the month, we were confident that bitcoin would continue to rise this month and hit other highs, but then the collapse of the Silicon valley bank made us pessimistic and made a bad prediction for this month. And then bitcoin suddenly rallied again today despite the negative news, we continue to expect bitcoin to cross $25k and hit $30k this month. Bitcoin is truly a roller coaster, and no one knows what it will do tomorrow.

nothing is impossible, surprisingly in the last 24 hours the price of Bitcoin has jumped rapidly, now the price of Bitcoin is $ 24k and it is more than what many people expected.
after a decline at the beginning of March and it didn't last long now the price of Bitcoin is recovering and increasing rapidly I think the positive trend like what happened at the beginning of the year will repeat again and the price of $ 30k that many people want is very possible to happen this March.
I am very optimistic about the price of Bagus Bitcoin in the first period of this year because statistically and on the graphs I have seen since the beginning of the year there are very many positive trends.

And now I also hope that you have seen how the market conditions were today and yesterday, especially for the price of Bitcoin. Because the increase in price has occurred again and today it almost touched $25K again and if that price range can be touched in mid-March, of course some people will be very optimistic at the $30K price at the end of the month for Bitcoin because in these two days almost everyone has both witness that Bitcoin can increase from $20K to $24K++.

Why not possible ? Just take a look at the market at the moment where the price of Bitcoin is almost $25K and that is a huge price change in two days after everyone saw levels below $20K in the past few days. If from $20K Bitcoin can go to $25K in just two or three days, why do you say it's impossible for Bitcoin to go from $25K to $30K in two weeks?

The unexpected happened, bitcoin is back above 24k. Too much negative information, everyone is pessimistic and thinks bitcoin will fall deeply, but eventually, bitcoin bounces back.

Anything can happen, no one is predicting bitcoin to drop below $20k and recover quickly. If you predict bitcoin can hit $30k in the near term, then you also need to have a plan that bitcoin will drop again at any moment. So far, it can be seen that the economic situation has had a strong impact on the market, and our country's economy is facing many uncertainties. So don't be too confident that bitcoin will only increase, not decrease.

People can make adjustments between long-term and short-term investments depending on the initial choice when buying, there is no need to panic when there is a correction to bitcoin because there will be a recovery stage after the market finds a correction, for example like in the last few days and bitcoin is turning green again, meaning short term can also be adjusted with cut loss.

It only took a few days for bitcoin to return to the recovery process and today bitcoin is already in the $24k price range, only a few percentage points of recovery before heading towards the $25k price going forward, so the assumption of panic in investment bitcoin is nothing to worry about.

Of course I hope that in March the price of bitcoin will continue to increase. Especially recently the market is getting a little green again and the bitcoin price is rising to the area above $25k. Therefore, I hope that the bitcoin price will continue to increase throughout this month of March.

Mainly people would really be thinking about reaching up highs without even trying out to realize on what are the things needed for us to reach up those levels.It wont really be that a smooth ride i should say.

There are some notable situations for this month of March which did happen recently about the price is reaching about 26k+ but eventually it did make out some correction afterwards.

I dont expect much for this Month but for next year before or after halving event then im really that optimistic that there should be some shocking event or situation
where it would make bitcoin or crypto supporters would really be happy.

March went in much the same flow as February, however it's good news that bitcoin crossed 25k again and touched 26k+. For about the first two weeks I myself was confused as to how bitcoin or the market was going to fare in March. In the initial stage, there was a little fear about it whether it will go to the range of 16k again. However, after clearing everything, they are trying to regain it before the end of the 2nd week. Now let's see how long this condition lasts.

The consecutive collapse of 3 major US banks makes me think that Bitcoin will have a substantial correction in the remaining days of this March. But the unexpected happened, bitcoin rallied back as nothing bad had ever happened. Until now, I am still shocked by what happened.
Although I expect this year to be a bearish year so I can accumulate bitcoin cheaply, but what I see is that the market will probably continue to recover and very easily hit $ 30k this month.

After yesterday the price skyrocketed by almost 20% then in March I'm sure I can return to $ 30k soon, maybe the price will last a long time at $ 30k but slowly it will continue to rise and I think March is the beginning of the market exploding, and I don't hesitate anymore to keep buying before it gets worse expensive.

Expect the unexpected as always where prices could make out huge increase on last 24h but eventually it would really just came back where it was before.Its not something new, the important thing on here is

that you should really know on how to play with the waves.You wont really be needing to wait up for a particular month or would really be seeing on how it would be ending up.It would really be just totally in random and this is why its really that ideal that you should really make yourself that versatile or could easily make out adjustment on whatever things that you might encounter ahead.

Accumulate as much as you can as a hodler or you do make out some DCA but if not then play with the movement or volatility.These are your choices!

Working hard to accumulate bitcoin at this stage is the most important, don't worry too much about bitcoin price because if it doesn't increase in price this year, next years or in the future, it will also increase in price.

Speaking of the short-term price of bitcoin, I doubt that bitcoin will hit $30k this month, although there has been a spike in growth after the CPI was announced. So far, we can still see that bitcoin is under $25k, so it's hard to say for sure. Whether bitcoin goes up or down, I will focus on accumulation because when bitcoin hits $100k, we won't be able to accumulate bitcoin at the current price.

Yup, It's interesting to see how BTC has been performing. Bitcoin was down for quite a while, but then it suddenly skyrocketed to around 26.5k. It's impossible to predict what BTC will do in next. Well, that type of run has after effect, as we're now seeing some consolidation in the market. Of course, I'm not a financial advisor or anything, but we might be headed for a drop back down to the 18.5k-19k range.

Could BTC be on track to hit the $30k mark sometime in March? There are certainly a lot of obstacles in the way, with significant resistance around the 28k-31k range. But who knows? There's always a chance that we could see a major upswing and hit that $30k milestone after all.

I agree with that, everything has its own level of risk, but at this point what we also have to understand is the possibility that something might happen.
if you save money in a bank there is no possibility of profit that we will get, while in Bitcoin it is very likely that this will happen if you look at the movement of Bitcoin prices over the past few years.
I think the risks that exist when saving money in Bitcoin are worth the possible benefits that will be obtained.

and for this March's hope for the price of Bitcoin I think it has been answered with what has happened in the last few days, it is the wish of many people where the price of Bitcoin has increased rapidly in the last 2 days.

Nothing is perfect, and why do we choose only 1 when we have the power to choose both? Diversification is essential.
I agree that when investing in bitcoin, the risks we trade for a return are fully commensurate, but consider emergencies if the investment goes wrong and you don't have the funds saved, you will be stuck. Even cause lifelong regret if it involves human life.
It would be unwise to invest all your assets in bitcoin with no savings and vice versa. We need both, both have their own duties, so we can't compare one to the other.

March is our hope that the market will rise, I'm sure the surprise that happened 2 days ago when the price rose more than 15% in a day is the beginning of many surprises that will happen in March, no doubt if it's March I'm sure that the price will touch $30k after nearly a year of under $30k.

Although the month started with a negative trend, a bullish trend in the last few days is helping to give the market more strength. In February we saw the price of Bitcoin at $25k but it turned lower again. However, the new movement on March 12 has set the market in motion again. Maybe this week the market condition is a bit stable, but the market will be good again in the last week of March.

I think the bull run will start in March, if we pay attention then the trend that occurred in 2021 also started from March, bitcoin is indeed a pleasant thing when we see prices continue to rise, the many cases that caused prices to drop in 2022 have been forgotten and we will party soon like 2021, nothing we do, hold hold or buy more.

Btc is now above 25k$ we are in the middle of march so i think if bitcoin will continue to rise it will go above 30k$ so march is good starting point to invest, if we buy bitcoin today at 27k$ we will earn a huge amount when it rise back to 60k$, however we still need to set a limit market is always unstable so be careful.

Right, buying now is a good decision and making us profit no doubt that in 2023 the price will set a new price record what we do is keep buying and when the price reaches $60k then stop it maybe it's time to sell some and we switch to stable coins if the bad condition occurs again.

Of course, many are happy with the current market conditions, the price rises fantastically and becomes the start of a bull run, with this fact, of course, I will never doubt or panic again when the price drops, I will make Bitcoin a long-term asset so I will continue to buy.

I regret that I once sold it at a low price, which was under $ 20k, now I will focus on buying before the price is more expensive.

By the looks of it we are going up a decent amount, I am really hoping to end this month with 30k+ price finally breached after so many months. People have been hopeless and upset with the price for over a year now, and we are getting close to anniversary of Luna situation as well which was the first domino that started to see us drop to a very low price, we were already not doing great but then we crashed.

I hope that we can see 30k soon and 40k later on because that would at least give people some attention and love. I know that not many people will end up getting a lot of attention these days but we should be hoping for a better return later on.

I’m not sure if any of us expected such a bullish month in March. We have some real trouble in banking worldwide right now yet honey badger doesn’t seem to care one bit. We continue to pump despite unfavourable conditions in world markets.

This is what bitcoin was made for, it was born out of the 2008 world recession crash. Satoshi designed a perfect asset.

Hopefully we continue to pump whilst the rest of the world struggles.

As we can see, so much attention has been paid to Bitcoin recently that many institutional and corporate investors have entered the market. this shows the great interest in Bitcoin as a hedge asset against inflation, global pandemics and the resulting economic uncertainty could contribute to the continued adoption of Bitcoin as a safe haven asset so this year will be an interesting one.  Yes, I also have the same hope. May it keep on pumping and the world can see it clearly.

March is a month of green signals for crypto. It is still provide the good signal till the third week and if there is a good movement till next week then we can assume the market will move towards its old ATH target. So this month is a very important month. Provability is very high if the price of extreme bitcoin gets over $30k. I am confident that we will be able to see the $30K price within this month. Although the market is in a situation from which the market may again go down for little bit correction but overall most of us feel positive look of it.

If previously we were hesitant to buy let alone the number of FUDS that said that prices will continue to fall, now prices continue to rise and are likely to continue to rise so that we immediately buy the opportunity to get big profits, don't delay anymore because the market will move quickly, many experts Convinced that in 2023 it would pass ATH that had occurred in 2021.

are we always indoctrinated about the things that are reported, when they say recession it turns out the economy is recovering, and people sometimes feel annoyed because they feel lied to, regardless of whether it's true or not, I think we ourselves have to pay attention to that.
so i think price for btc in march will rise until june.

do you truly buy ? and how come that you understand bitcoin will staying 30k? because even good prediction people cannot tell how the price will increase that sooner.
though i believe in bitcoin capacity , yet I don't think this is a best interest to believe that much now.
why March? there is Ber months meaning either September to December is mostly the season to bring hype.
simple answer? "Your Money. Your responsibility" that's it.

Yes, bro, everything has to be reset by itself, don't fully believe in good news, whether it's good news or bad news. However, global economic conditions, such as recession problems or the volatility of traditional currencies, also greatly affect the price of bitcoin. In essence, the increase in the price of Bitcoin is influenced by many factors, therefore you need to reset yourself before deciding to buy bitcoin.

 Someone in the comments for this data points out, what is the worth of winning a bet against a default scenario if the payout is in Dollar currency possibly massively undermined by the failure scenario.
https://talkimg.com/images/2023/06/12/ANeIW.png

Not that I think that happens, this month or maybe ever but absolute default as a fear is easily jet fuel for BTC and a reason why a search for alternative assets exists amongst other reasons.   BTC always to do better then I expect but this kind of ongoing failure is part of why I think.

And it's not that we wanted to have this bank run or bank crisis, we don't. But if that happened and it did we have seen the worst and there could be more in the next couple of months and governments will have to bail them out. If this happens then BTC will always be the logical choice for smart investors or even average joe like most of us here in the community.

Again, as I have been pointing out, the resistance level is $28,500. We really need to break that in order to go up next month. And I would say that we have a breakout run already and if it continues then it is bullish for now and might reclaim that level again and can close this month with green candle which is a strong bullish sign.

Well in our end though, regardless of where we live in or what country we are, recessions will always be  there specially right after the pandemic, we don't know if our government can recovered, so not sure how you feel that you are being lied to by your government.

It's about to close this month and most likely $28k is the price.

Let's not look for March though, let's look at the first 3 months of it, from our lowest low of around $15k, it seems that we have grown so much maybe 70% or more in 2023 so that is a huge gain already. So I also expect that we are going to be very bullish.

In my opinion, a recession is always a possibility and will always be a major issue especially at this time, but in my opinion today's Investors are very smart they can always calculate, realize the potential risk of uncertainty associated with investing in cryptocurrencies because the market is known for its volatility and uncertainty besides factors that can affect its value, such as adoption rates, regulations, and market competition.

For special predictions for March regarding the price of Bitcoin or the stock market it is rather difficult, indeed what has happened throughout 2023 BTC has touched the price of $ 29K and of course there are many stories on holidays in those 2 days.

Everyone also knows that this year is still considered a year of world crisis in which there has been no significant change so that the crisis situation can change for the better. with the economic crisis there will also be a world recession which will obviously affect all elements, including crypto, of course. but in March there was still a very good change from bitcoin which was from the beginning at $ 23K and at the end of March it became $ 28K. however, this increase cannot be a guarantee that it will continue to increase because once again the crisis has not changed and it is certain that it will not have a good effect either.

Until now the achievement of march is better than april, usually when there is an increase at the beginning of the year then in april the price will skyrocket, unfortunately this has not happened and hopefully the remaining time in april can make bitcoin skyrocket again.