Bitcoin Forum

Bitcoin increased very significantly in January which we all expected, but the much increase from $16500 to $24000 made some people to think that February is going to be less volatile but which might still be a little bit bullish, surprisingly that that was what happened in February as bitcoin increase further but not getting further than $25,250. People expected $25000 to be a strong resistant price because it was when bitcoin falled below it since last year in August.

So what next in March?
In March, is Bitcoin going above $25000, going back to or going below $20000?
In the last 4 cycle bull bear period, bitcoin later still fall below an unexpected price again which was significantly low. Bitcoin may still increase further, but after the increment, can it later fall below $17000 again?

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Also we have 2023 price guess and it continues: Bitcoin price guess, 2023 (https://bitcointalk.org/index.php?topic=5432571.msg61524977#msg61524977)

Today Bitcoin had touched the price of $24K even if only briefly and I think that in this month it is still very possible for Bitcoin to pass $25K again even though there is always a correction after an increase occurs. Because as long as bad news no longer affects many people and many Bitcoin holders, it will be easier for Bitcoin price recovery to occur, although not in a short time.

Because upgrading slowly but having stronger resilience will always be better than upgrading in an instant but not having long endurance in Bitcoin. Well, in this month I have more faith in an increase in the price of Bitcoin than a decrease in the price to the bottom area although it is still possible to happen.

The monthly candle for February turns into a huge indecision candle when you view the price chart in monthly time frame. This kind of candle show a strong trend reversal  against the current rally since buyers is losing confidence to buy more above 25K.

I believe the price will be below 20K or above 26K since this month will be decision time for the next price direction for Bitcoin. I highly believe that price will dump this March and the strong opening of the monthly candle is a clear sign that there will be a sell off soon.

You can participate in this challenge to guess the price ----> https://bitcointalk.org/index.php?topic=5441704.0
The strange thing is that the last month's guess was made yesterday, and a large percentage of the guesses were closer to the real price (the difference between more than 10 responses was 500 dollars from the real price), which means that we have reached the bear market, where the price behavior can be easily predicted.

Therefore, the closing of next week and the middle of the month will determine the price, although I do not expect large increases

I wouldn't be surprised if bitcoin price didn't break $25k in March, but of course people are hoping it will increases.
Right now I am tend to believe that over the course of March the bitcoin price corrected, but that won't allow that $20k support to be broken. March is a month that is not expected to be quite supportive of price increases, but nevertheless we never know how the trend changes and it shouldn't always be the same.

I don't really care about the odds up or down, but if they are not long term investor then they should consider setting cut losses to not lose out.

I think that estimates are Bitcoin to rise to $25,000 because the price is still quite surviving below now but about any surprise can occur in Bitcoin and can even be lower than that maybe some will assume it is impossible to fall to the bottom of $17,000 but for me anything can happen But in this period it might be able to penetrate the above resistance where many people want Bitcoin to be much better than the month before it.

I do not know whether this will be reversed in the direction of the redemption or look at the cycle in the previous year, remaining on my estimation Bitcoin can be more than $25,000 in March, the more will be a correction and Bitcoin goes back down after reaching high prices this month.

Even though most people can expect bitcoin price to increase during March, but please don't ignore this one.

I read the news that The Block posted a while ago, and may soon change some perspective on the potential March price. Only I don't expect it to be FUD, but of course the market will be affected by it.

Here's the news: Mt. Gox creditors may finally start seeing their bitcoins this month (https://www.theblock.co/post/216083/mt-gox-creditors-may-finally-start-seeing-their-bitcoins-this-month?utm_source=cryptopanic&utm_medium=rss)

March will be really crucial for the Bitcoin’s future for the coming year. If Bitcoins anyhow manages to touch 30k usd, then definitely we will see a new all time high price. Moreover this year it is predicted that Bitcoins will touch the ATH. Bitcoins follow the 4 year pattern graph and this year it has to go up. So like February, if March also start with green candles, then it will be a celebration for the Bitcoin holders. Bitcoins just need to break the resistance and come out of this 25k usd price segment. Let’s not become more greedy and hope for the best.

I haven't made up my mind yet, this feels like start of the bull, but at the same time i feel it needs more time for people to accumulate before the fomo and parabolic move kicks in. Like maybe 4-5 months until charts get really heated. And i am totally going with feeling based analysis. At this moment it's as reliable as most of the TA in charts i've seen.

We might be able to achieve that in March with the strength that was brought from January and February and then the previous CPI report also didn't really affect bitcoin so far, but right now there's a lot of SEC action rocking the crypto world from the regulatory speculation they're bringing, so maybe there are still many investors who are postponing their money and looking for a down opportunity when something happens to the crypto market, I think if all these problems are over and running quietly maybe bitcoin will grow faster in price like at the beginning of the year.
But if it drops back below $20k I'm not sure because so far $22k has been a pretty strong downside wall.

I think we are closer to hit $25k this month as oppose to getting to $20k. I mean we are still very much in the bullish state, and when the price goes down below $23k, we immediately see a lot of buyers pushing it back to $24k and above.

Not just enough push to $25k though, but I'm still very positive that we can reach this barrier again and then we see how it goes. Whether we can maintain it and even pushes more to $26k. Or speculators selling at this price point again.

Based on the positive things happening around the market we've got more chances of price reaching $25k. Last month too the price crossed $25k, but it wasn't able to stay over it for long. $25k seems to be a price barrier that needs to be crossed to reach next levels of price.

There is not much of momentum to push the price of bitcoin. For this reason the price is moving between $23k and $25k. Maybe this can continue through the month with bitcoin crossing $25k at times and falling back.

Yeah, I do agree with the majority, I mean we did touch $25k several times if I'm not mistaken, it's that it quickly evaporated as everyone is making a profit and selling at the price. But in any case, it's a barrier that we are going to break again and again and maybe we got lucky this March that once we breach it, we can have a sustain rally up to $28k. So my guess for this March is $25k or higher, and it might be achievable in the last 2-3 weeks of this month.

still struggling to stay above 25k because after getting to that yet it goes down again and now staying at 23k https://coinmarketcap.com/currencies/bitcoin/ so Maybe I will stay looking for at least 25k this march and if lucky then we can have at least 30k and that would be enough for me to sell out for a while.

it seems so, if you look at the price movements that have occurred since the beginning of the year there have been no significant price changes that have occurred, everything has happened slowly, but at the beginning of March the Bitcoin price experienced a positive spike even though it was only misguided and then a correction that was not too deep.
I think Bitcoin price in March is still at $23k - $24k
past $25k is very possible but I don't think it will last long, and to get below $20k I don't think it will and I really hope for price stability to wait for a big spike.

It is clear that 25,000$ is a very strong resistance that Bitcoin could not overcome during the last period except with difficulty and for a short period. Now it appears that the sellers are still stronger so far, so we may need a purchase amount of about a billion to breach 25,500$.

There was a lot of improvement and optimism at the end of January and the beginning of February, but it seems that it is difficult for Bitcoin to surpass the 25k$ number in the month of March. But despite all that, I will maintain my optimism, perhaps we will exceed this number.

We have stayed for so long in this range that it has somewhat of an "eerie" feeling that it will increase in price in the long run. Since I'm biased, it has come to this that it will go up because that's how I want it to go, but that is generally feeling.

Generally, it will stay in the same range,$22k - $24k, and will go up in the coming months.

maybe we will take it now? the chance of not staying at 25k above will be taken this March?
somehow it is only a time and trust that we need before earning what we deserve.
Momentum is always there , what bitcoin needs is our complete support , we knew that all of us are aware of this is a way of supply and demand but the problem is that we are not following the trend instead we are selling once the price starts to grow.

If the news is not FUD, the skeptical me is also thinking that because of the timing of MtGox repayments, there might be people who want the market to dump. This is also not the only bad timing. Ethereum's Shanghai update will be on March also. It would be head shaking if they will be scheduled only 1 week apart hehehe.



Ether’s (ETH) price action is expected to be “cautious” until the Ethereum blockchain’s Shanghai upgrade, due later this month, as the market is concerned about a supply overhang, Bernstein said in a research report Wednesday.

The Shanghai fork will allow ether that has been staked and is now locked to be withdrawn for the first time.

Source https://www.coindesk.com/markets/2023/03/01/ether-supply-impact-from-the-shanghai-upgrade-is-limited-bernstein/

Finally, bitcoin returned to the $23k level after increasing to $24k. I can't guess or analyze how bitcoin will move this March because I feel it will still go up and down as it is now. And it could be that the movement will be more sideways in March without any significant increase or decrease. But that could all change after mid-March or at the end of March and hopefully after this, the movement will pick up even higher.

We still expect bitcoin to reach $25k but we must wait and be patient. And it's better for us just to be prepared for whatever happens this month while continuing to accumulate bitcoins.

About the two news, I'm just sure that we will not see a herd of bulls standing in front. Instead, it looks like a bear glaring at those who have doubts about bitcoin's long-term potential.

Worries can arise anywhere and will quickly affect the market, however we can return to better expectations afterward. Someone wants the market to go down, this is what FUDer always thought. It might be good to be a little deaf to whatever FUD there is, but if that happens then be prepared to accumulate bitcoins and hold on.

$26400 at the end of march but we will probably go above 27000 for a small time and hopefully in April we can start getting above 30000. I thought we had already broke the resistance and was going to see some big numbers this year but the resistance of 25000 is still causing problems. If we look at the volume less people are selling to exchanges which gives me confidence in reaching beyond 30000 next year.

I also don't want to make a bitcoin price prediction for this March, I don't because even if bitcoin goes to 27k or 30k, I will still buy bitcoin at that price every time I get my salary. Because in my opinion this year is our last chance to accumulate more bitcoins before entering the upcoming bull season. In both cases, if bitcoin falls again, I will buy bitcoin too, and if bitcoin continues to rise, I will buy too. I have no intention of selling my bitcoin this year or below its old ATH price.

26k EOM (pure speculation)

I think we will break above 25k this month, I know it is not going to be easy and all, but it is going to happen if you ask me. However, I should point out that I expected bitcoin to reach above 25k during February as well, I realized it wouldn't after a while, but at the start of the month I expected that, after a few weeks I saw that it wouldn't happen but that is another subject.

In the end, I am going to expect it this month too, and if it fails but stays above 22k eventually, even above 20k, then I will expected it in April, basically as long as it stays above 20k, I will keep on expecting it to happen every single month without exception, of course only if it's above 20k.

DXY is acting too strong at the moment to speculate we make great gains.  We were lowering dollar value quite alot but now its rising like a vice tightening this makes progress for BTC much harder then otherwise despite the apparent break of its down trend of many months.
  High prices right now are the weekly average, we are just about keeping the lows above a monthly average.  So those two are converging and we get a conclusion when neither contains us.  I'd guess higher but we've been descending for over a week, its only bullish in being a slight negative not more but this convergence can propel us either way tbh.

I can't tell if it's going to $25k this month since the price seems like in a state of staying at this price mark just like what happened to the previous price range. It stays the price for a while and I think this will continue for a couple of weeks or this whole month but this shouldn't stop you from trading since it's just a guess.

If it's kind of stable on this month the better or if there is another bottom then it's much better because we can surely tell that it's going to push another price range beyond $23k or $25k, we might see that $25k that most of you are hoping for.

Previous market cycle has proven otherwise where the price at which Bitcoin relies on become statistically unpredictable and as such one need to study the market very well before predicting what will be close to the true outcome of the price, bitcoin is an unstable asset so at rhatt the price fluctuates a bit faster than other assets in its class.

-But then if we should predict according to previous cycle and if Bitcoin follows the same market pattern then we should see Bitcoin completing the month seating around 26k or a little above but not up to $30k.

Yes, the price of Bitcoin will increase above $25,000 in this new month because there are some signs that made investors to believed that the month of march will be a best month that will make both long term and short term investors to have something favourable to achieve. Since, the price of Bitcoin has decreased to $23,523 for those that still want to buy and hold for a better future to use the opportunity, because the price will definitely change massively before the end of this week to prepare the mind of investors for good things ahead. I don't think, the price of Bitcoin will decrease more than $20,000 before it will return back to $25,000 in this month of march which is a month of hope for the bitcoiners.

And, at the moment, bitcoin is back down and it's at the $22k level and I think a lot of people don't expect the price to be back to that level. This is a good opportunity to increase the number of bitcoins because we can get more satoshi at this price than before.

And yes, I think this might be the last chance of the year before bitcoin has another bullish season which is expected to happen later in the year, early in the year, mid year after the halving, or even after the halving. We can still own more bitcoins before the price starts its long rally.

Bitcoin has always been like that, when people are still optimistic that bitcoin will keep going up and can hit $30k, then bitcoin will drop. We are more than 10 months away from the end of 2023, so there will be plenty of opportunities to accumulate bitcoin this year. But this correction could be a good opportunity to buy bitcoin at $21k, I think bitcoin will drop to $21k before rallying to $26,000.

Until now, $25,000 is still strong. Attempts at it are still rejected. If there were successful moments, those are also very quick. The price can't seem to grab of it for a long while. Now it seems even $24,000 is also turning into a resistant. For the past week, the price could only get near it but can't penetrate it.

But March has just entered. Anything can still happen. There are good news and bad news around, although the negative sentiment of having possible stricter regulations following the collapse of FTX and the possible release of Mt. Gox funds could cause some damage.

For those thinking long term this seems like a good opportunity to buy the dip, however the current market conditions we are facing makes almost impossible to predict the short term movements of bitcoin as it is simply moving in ways that are too erratic.

But taking a look at the monthly chart the previous month presented almost no gain for bitcoin so if I were to make a guess then a slight setback for the month of March seems like the most likely outcome.

I think it wouldn't be really as much as people make it out to be. First of all we are going to see most of them want to get back in, because why not make a good return of your investment with something that both gives you a staking reward but also goes up itself?

I mean the savings account in a bank gives you a return too, maybe even more in some cases, but doesn't go up itself at the same time, in this case ETH goes up AND gives you more ETH at the same time, it is an investment that is amazing, so many will want to go back in. Secondly, even if there were, we are talking about hundreds of millions of dollars worth of bitcoin mined every single day, and it can still go up, so should ETH as well.

Maybe another stagnant month, but who knows. It's too volatile to predict where it will go. I have my own analysis though that it will not be that far from the last February price. $2k down or $2k low, that what I just see, if it goes bull it won't last that long and goes back to where we are right now.
I always like to think there are those investors in the shadows that would take advantage of the opportunity to sell even if the profits are low. It doesn't matter to them, reap the rewards then let go. Buy again when another dump comes. Short-term strategy at its best.

Today, however, the market stood at $2,1979. Today there is a shock in the market. However, in such market conditions, it becomes very difficult to estimate the price of Bitcoin. Nothing can be said correctly in this chaotic state of the market. However, since the market is between $21k and $25k it is said that the Bitcoin market can be between $28k-$30k dollars by this March. As there is no bad news at the moment. Let's see how successful my idea can be in the market.

Things happen breaking patterns. The market itself is too unpredictable; there'll be times for sudden increase and as well as crash. Trend is only determine whenever the hype is established or if there is a strong enough reason for an increase to be continuous. News for example could create a wave  with the demand and ofcourse with the price. Same thing goes with market price downfall. The month has just began and there are many things that could happen. Strategies won't work if there is no actual pattern for a market behavior. The only thing investors could do, as usual, is to just wait for the right time to enter a certain coin.

It is normal for the Bitcoin market to fluctuate. If you look at the current market, the Bitcoin market is a bit dumping.  As Bitcoin began to grow, bad news began to arrive in various ways. That's why the Bitcoin market touched 25k in February. But currently in the bear market, Bitcoin has taken a position of 22k again. It is very likely that the price of Bitcoin will definitely hit 30K in March.

And if bitcoin continues to fall, we must remain optimistic because if we change, I don't think we will be strong enough to hold on and can become strong holders of bitcoin. After all, if we are shaken by the downturn happening in the market, we don't have to panic or falter because of that. And for that, we really have to survive in all situations and conditions. The current correction provides another opportunity for us to buy bitcoin because this price drop is the moment many people have been waiting for, even though they are waiting for another lower price.

And even though the price will drop to $21k, that's also fine and will be a discount for us. And it looks like the price is currently trying to hold on so as not to fall further and next week may be a good week for bitcoin to increase.

I also considering that,

chances that we may see short-term traders to take advantage of playing with the emotions of those fearing investors.

Maybe yes, there are movements that will bring the market down by this range, but if there's no major news that will really affect the
condition around the market, chances also to see a good bounce and retain the value can still be possible to happen.

One that thing that baffles me mostly is bitcoin price predictions it doesn't go as you attached feelings on it rather it goes beyond what you think, well it's not arguably that the price most at times are being driven by forces or news, besides could likely be affected by traders.
But one thing I sense here is that bitcoin may likely remains at the range of 25k before March came to an end and wouldn't trade above 24k to $32k before this ends.

I think there will be real difficulties in March for bitcoin.  Past data has largely not supported bitcoin's strong upside move but there were exceptional years like March (2021) and March (2022) when bitcoin had an impressive green wick.  so maybe bitcoin will hold this scenario.  March 14 (US CPI announcement) and March 23 (Fed announced interest rate adjustment) are events that can be of great interest and are likely to affect the likely scenarios.

Since March 1, the market has seen it difficult to go up and has even fallen by more than 4%, we will wait at least until March 15 whether the price can go up to the level of $ 24k or drop below $ 20k, if the market can touch $ 24k again then there is hope for March can rise like last January.

A few hours back, Bitcoin dropped straight from $23,400+ to $21,900+, a big red candle right on our face after opening the chart. Though it has covered a little bit already, is at $23,300 by the time of writing this post, but I believe this isn't really a good sign and this is exactly what I expected.

I heard that this was due to the liquidation of Bitcoin long positions worth about $1.2b, I'm not sure if that's true or just a rumor though. And I think it's not done yet. We will definitely see a lower price than this and this will happen soon before it goes toward $25k.

Unsure of what would happen next, the market was filled with indecision after bitcoin was unable to hold on to $25K. It's possible that the price will go lower and test the new support, but I don't know because I can't say anything for sure at the moment either.

If during February the $23k support is expected to be very strong, then during March $21K is expected to hold. Some say that March isn't the best month to expect prices to rise, but March tends to seem like a month for dips.

I think we have to observe this first week of March to know the whole month of March or its status. Specially, I think that after being under 17k for a long time, Bitcoin is going to take a little break in the first week of March, just like the second week of February after a continuous pump since last January. Still, some things should be taken into account that Between 21k to 23K should have a strong resistance. Then let's see what happens in March, I'm optimistic about March, I don't think it will be that bad again.

I agree with you, I do not think that this would really be big enough to actually change the price. It will be fine, and there will of course be some people who will sell, and that's not a good thing for the market obviously and it would hamper the increase in price. I am not against any of that, but that alone itself is not big enough to actually crash the market, not even by a mile.

I think the best thing to do right now would be to make sure that it is going to end up with a good return eventually and that should be more than enough, give people their money back and let them sell if they want to and we will be fine afterwards when the day comes.

The price review for March cannot be used as a benchmark for the first week, even though there was a high correction at the beginning of March but there is a possibility of price recovery at the end of March, but the price resistance of 22k is no longer expected and will soon touch 21k after recovering from the previous high, I hope never to see prices below 20k again and hope Q2 will see a recovery higher.

There’s a lot of uncertainty with the Bitcoin price right now though it holds a strong support at the level of $22k, the price can still drop but let’s hope that the support are stronger now or else we might end this first quarter of 2023 at a price lower than $20k which is another threat for the possible bull market this year, let’s stay positive for this Month and see how the market is going and where it is heading.

I believe the market price will rise again at the end of the first quarter, we don't need to worry too much about market resistance because any increase there will inevitably be resistance because some sellers sell short term profits, but they don't realize that buyers are currently thinking about profits for several years going forward, the halving is the hope for a big increase soon in this year or early next year, hopefully we will see a significant increase later in the year.

Many predict the Fed will raise interest rates by 0.5% instead of 0.25% as previously predicted because the recent indicators have not been as expected and showed that inflation is returning. But I believe interest rates won't affect bitcoin too much anymore, I remember the last Fed rate hike in 2002 also didn't cause bitcoin price movement. But this is not good for the global economy and will make it difficult for bitcoin to do well this year. I don't know if this news will affect bitcoin but I still believe bitcoin will hit $25k this month.

$22,000 to 23,000 have become the strongest resistant price for Bitcoin in the season and just like what happened in February where Bitcoin did not make any significant price movement to rolling around the price benchmark of January which was around this same price range, it may become speculatively right but not proven that Bitcoin may not touxh the $25k price range in this March.
Whatever price breakout in an uptrend direction we may expect will start from April-June, within this period a lot of price movement is expected but as of now, Bitcoin will continue to stabilize around the 20k-23k+ region

Of course, we hope that March can be like last 2021 because it increased significantly, my prediction that February will touch $ 25k turned out to be wrong, instead the market looks declining and is currently in a position of $ 22k, but I'm sure that in March the price will be able to touch at least $ 28k Or so, many experts believe a big surprise is imminent in March now.

25k has been broken before the month ends but suddenly did not manage to stay that high instead it remains under in which 23k till now.
I am ready to what will happen .

If the price drops below 20k again? then I will buy more as i have standby amount for this occasion .

If the price grows above 25k? then i will wait till 30-35k then I'll consider selling .

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

sad to see it maintaining 22k when there are lots of things in positive deeds now.

I speculate that this Binance fud will be the cause of bitcoin's difficulty of pumping to more than $25k. It presently has the attention of American senators from both the Republican and the Democratic party. This might imply the summoning of Binance employees in America for questioning and there might be a crackdown on binance.us.

There is also a rumor that the SEC has sent wells notices to many founders and development teams of altcoin and Defi projects.



US Senators representing both Democrats and Republicans are demanding that Binance and Binance.US provide a detailed accounting of their finances and efforts to maintain regulatory compliance, according to a letter signed by Senators Elizabeth Warren, Chris Van Hollen and Roger Marshall.

The senators’ letter cited “investigations into criminal sanctions evasion, money laundering conspiracy, unlicensed money transmission, questions about its financial health, and increased scrutiny over its intentionally ‘opaque corporate structure.'"

Source https://www.bloomberg.com/news/articles/2023-03-02/binance-accused-of-illegal-activity-by-us-senators-warren-van-hollen-marshall

Since March 2021 and 2022 were positively good for the price of Bitcoin, don't you think this trend will continue and 2023 will be positive as well. I don't see any negative news in the air of recent so there's nothing that can push the price down which means any moment now the price could jump to $25k and form there the bullish momentum kicks in and take the price above $30k.

Regards of the short term movement of the market, I'm still bullish for the year since we'll be having the halving occasion in just few months time and people are looking to accumulate much Bitcoin as possible so they'll be among the beneficial of the price gain of Bitcoin during and after the block halving.

The price of Bitcoin has fallen significantly in March.  Meanwhile looking at January February March we see that 25k was touched. But as March approached, Bitcoin took a step lower. Many believe that the price of Bitcoin may fall a little more. And from June - July the price of Bitcoin will start increasing. Once the market goes down, it takes a long time to recover.

This month is a measure of whether this year the market will rise or red again, many analysts draw conclusions in the first 3 months, and most of their predictions are true, as I have seen in 2018 to 2022, the important thing is vigilant and never lag behind the latest information Because many things can happen.

And we are already in the first 3 months where the bitcoin price has not been able to penetrate higher. But yesterday, we saw the price increase to $24k and almost touched $25k. And now, bitcoin is back down to $22k and still trying to hold on not to fall any further. We can hope that this month bitcoin will still be stable at that figure but we can also hope that there will be a price reversal that can make bitcoin return to $23k-$24k and even pass $25k.

If that happens, maybe in the following months, there will be even more rapid price movement and maybe there will also be a pump and dump going on. And it's true that we must stay alert to everything that could happen so we can use the moment to our advantage.

They can do whatever they want to Binance, and in the end they do not have any power over CRYPTO itself, they could do anything to Binance they want, that's just one company and the worst ever thing they could do would be to binance.us, and not the real binance neither. They have coinbase to work with and Kraken as well so Americans will keep on using exchanges and will keep on investing into bitcoin, and us government can't stop that right now.

I like the defi part though, they need to crack down on some projects who aim at only making the dev richer, and do not care about the investors, that could be something very well for everyone involved.

Most traders tend to panic about the outstanding FUD issues including the Binance and Mt. Gox. I'm not really worried about it, that's the honest thing I want to say. But it cannot be changed, the market is always influenced by supply and demand and FUD often causes corrections over time. As a result, March took my portfolio and that of most others down, but of course it's not the end.

Consider DCA if you want to invest during these market conditions, I think it should be a good choice instead of a lump sum.
But you can also watch how it moves, but try to ignore the correction and hold with it through March. I believe the market will do better in the next month, there is some optimism about that.

They really need to reduce their panic so they can adapt to the situation that is about to occur. If not, how can they take advantage of the opportunity to buy at a low price if the price drops deeper? I'm sure you're not the only ones who have experienced a decline in their portfolios. However many people, including myself, have also experienced it, but I'm still fine and can still handle panic or be calm in dealing with it.

I've been doing DCA since the price was $16k yesterday and still doing it. For this March, I'm still optimistic even though I realize that the market hasn't changed much but we hope to see it increase in April, where Q1 has ended and been replaced by Q2. And the market also still has many opportunities to make a reversal and as long as the reversal has not occurred, we must use it to our advantage. That can provide a big advantage for us later.

BTC still keeping the same gradient of decline roughly since mid Feb, not breaking that trend or especially motivated downwards or able to break upwards.   Its a pullback but hardly an excessively negative move overall.
https://talkimg.com/images/2023/06/12/AECtP.png

March 3rd was a Friday and with that large trade down, we have largely gone sideways and a decline with the trend is still not significant enough to note.  Lots of dojis, this is really not my favorite kind of move for BTC but its not too uncommon for a drift or skid sideways to happen and I count it negatively till we arrest the lack of direction.

I think we will break $25,000 and be around $26,000 at the end of March which should help us make the push for $38,500 next month. If we can get past $38,500 I think we could go a run and I have hopeful because the halving will start appearing in the news and that should increase the hype and fomo.

While I do not believe we may see 25000 by the end of March, this is a prediction that could still happen, but 38500 at the end of April? That is surely impossible, the hype for the halving is nowhere near high enough to come anywhere close to that price.

And if you make some movements thinking this is a price it could be reached then most likely you will lose your money, so I would recommend that you think more deeply about your prediction as those numbers really seem unreachable to me.

This type of little drops definitely makes people question the future, specially short term future. Which means that March could be a "bad" month if it keeps going like this and I am pretty sure that its not going to happen anytime soon neither. I know that March may end up not being a good month if we see this type of results, but I am pretty sure that we are not going to end up with just full on bad month, I think we are going to recover when the time comes, we still have three whole weeks for that and it should be growing very soon, I think next week a good increase will start that sees us above 24k again.

Hopefully what you mentioned will come true even though there are doubts for me, but we must remain positive and optimistic about what is happening to the movement of bitcoin.
It seems that March is not a good month for crypto markets including bitcoin, and what happens sometimes is not what is expected because changes can occur due to several factors that we do not know before.
and the fall of the crypto market including bitcoin was caused by a number of things that made many new investors feel doubtful and worried about some of the things that were going on and also some taking profits because of panic and several other factors.
and I expect the market to remain sideways around 21k to 25k in price by the end of March, and for smart investors this dip is an opportunity to accumulate it and hold it for the long haul.

Unfortunately the price has been hard to go up since February, this week the price drop is around 8% and the chance to fall again is below $20k, with this fact it seems hard to see the price will recover in 2023, in fact I have set a target of a highest price of only $35k , and this March it looks like the price will be the same as the last week of February which is in the range of $ 21k - $ 24k.

I see it as lucky for us, if bitcoin continues to rise, then I will have no problem as I have accumulated quite a bit of bitcoin in 2022 but if bitcoin drops to $20k again, that's another chance for me to keep accumulating more bitcoins.

To be honest, with the world economic situation still not making progress and we are more than a year away from halving, it is too early to expect bitcoin to recover and increase in price this year. Instead, we should be realistic that this year is still a bear year, and it is more suitable for accumulation.

We hope so, investors just need proof that bitcoin can pass $25k and then continue to rise, they will panic buy because they believe a bull run is imminent, for us of course this is a good opportunity to continue buying before it gets more expensive, don't let time pass and cheap prices are not used to buy.

If we can remember when bitcoin dropped in many months ago from over $30000 below $25000, bitcoin has not increased above $25000 to 26000 after that time, only what we know was that bitcoin decreased more. Bitcoin has a resistance at $25000 and if not gone above to like $26200, the price may not increase above $30000. This month of march has started already, some people may be expecting increase in bitcoin price, but only decrease is what we saw, bitcoin even got below $20000 today and now still below $20000.

I have no option than to believe you when you say that bitcoin has formed a resistance at 25000 dollars.
When this topic was newly created many people we are guessing that bitcoin will make 30000 dollars and above in the month of March because the month started very well with signs of green but today bitcoin is back to below 20000 dollars.

All we should understand is that we are still in the buy circle. Inflation and many other economic downturn is affecting bitcoin market. And it may continue like this till the next bitcoin halving.

Now the price is also very close to $ 25K again and that could be reached today if the increase can continue. I'm a little surprised to see the increase in the price of Bitcoin that happened today because in just one day Bitcoin can increase more than 18%, and that is really very extraordinary because the increase today is a win for those who bought Bitcoin at $ 20 K in the past few days.

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

While I'm also happy for this pump, at least stock investing is very bullish right now. I had buying opportunities on the dips, apparently only twice during price swings between $22K to $19.5K. Of course this is a strategy I have considered for a long time, but I am not in the mood to sell on the bulls today because ultimately I believe strongly in the longer term projection.

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

At the same time, I took the opportunity to buy bitcoin at a price of $21,000, then when it fell below $20,000 I bought it again to make the next entry and the results were quite satisfactory, indeed the price of bitcoin recovered at $24,000 after a lot of rumors about FUD, now it is estimated that it can survive likely to touch $25,000 in March.

For traders, maybe this is a very fast profit in bitcoin because in a short time bitcoin is able to go up again, well, whoever has taken this profit, they are quite sure of bitcoin, but like me, I can only try to keep holding it until the price is really high in the next year, or much longer to accumulate.

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper.  Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

We drop during the first week of March but then after this, we are now trading at the price of $24k instantly, so its really hard to see the whole trend this Month but if we are able to break $25k, then we might see the price of $27k at the end of the Month which I totally believe is possible to happen considering its volume right now, its pretty solid.

I also think that the price of Bitcoin will likely to touch $25k this March.  I believe that the negative effect that made Bitcoin to plummet to sub $20k recently had already pass and now Bitcoin is about to recover and this recovery may bring a bullish sentiment to the market that can help BTC price to touch $25k.


Yeah for those who are able to buy when bitcoin price goes down to $19k+  a fast profit indeed since Bitcoin is now trading in $24k+ that is a 38%+ profit in just a matter of a few days.

We have to wait, (crossing our fingers), waking out to see the price again on the verge of breaking $25k. But after a few hours, it's on the lows of $24k, still though plenty of time for us for this March. And when we thought that this could be another bad March month, turns out to be some good rally and again, who knows, maybe we can finally go at $25k and be that support line. Of course, when we had 2 digits rally point, there could be some good news. And it was about the US Reserves says that they are going to inject liquidity to the US market. And this is going to be a relieved as it will have a domino effect and we have seen it already as traditional financial markets had good rally today as well.

And here is the official statement from the US agencies: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm

https://i.imgur.com/K8LF5JQ.png

Good break of a downtrend, justifies the size of the move some but also we move to close the daily bar under resistance today.   So it needs to deal with this level now and positively to be convincing in being able to surpass our previous action in this area.   We could just repeat to put it simply:
https://talkimg.com/images/2023/06/12/AEHsz.png

Last week closing bar was also a hammer candle which is usually considered very bullish, so alignment on multiple fronts.   The capstone to all aspirations currently is the iceberg overhead 25.5k roughly, if it trades past their consistently buy it for its strength to do so.  Some inversely will now want to sell with that idea as a backstop.

I am indeed a trader in the market, but I do not trade the Bitcoins that I have bought at a low price even though I am currently profitable because I have more faith in Bitcoin for the long term. I only trade with altcoins and any profits I collect to buy Bitcoins even though it gets tiring sometimes but for now I'm starting to enjoy it so I don't complain when I'm tired.

I'm also still holding Bitcoin very well for the long term and haven't taken any profits at this point even though it's in plain sight. Because I only take profits on the altcoin trades that I have been running and sometimes I also use the profit from the altcoins to buy Bitcoin when a correction occurs because I don't have more dollars to buy Bitcoin directly at any time.

This month has been all over the place, just a few days ago there was a very intense FUD and then the market recovered almost immediately and the price even surpassed 25k for a time, so it is very difficult to try to predict what it may happen when the volatility is so extreme.

However this is the kind of market conditions traders must figure out, but for the long term holders there is not much to do, except having enough cash on hand to buy the dip.

Coinbase received a wells notice hehe. It appears that this can be considered as proof that the rumor about wells notices being sent to different founders and development teams of altcoin and Defi projects might be true.

In any case, a wells notice is a letter from the SEC that tells the receiver that they will enforce the rules and regulations on them. This might be difficult for Coinbase.



We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead.

Today, the SEC gave Coinbase a “Wells notice” regarding an undefined portion of our listed digital assets, our staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet after a cursory investigation. We are prepared for this disappointing development.

Read in full https://www.coinbase.com/blog/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal

^ Then Coinbase should stand their ground. Nevertheless we have seen SEC now flexing their muscles or any US government against crypto relates personalities and services.

Justin Sun is next and so are other celebrities: https://www.cnbc.com/2023/03/22/sec-hits-jake-paul-lindsey-lohan-justin-sun-with-crypto-violations.html


And the timing of this hostility towards crypto though, when we have been generating interest from those who have to put their wealth on bitcoin as Store of Value, and hedge their wealth, now comes this news.

In March there are about kicking again, and in my opinion there are still many surprises that can occur, the current price is around $ 27400 and in my opinion it will be easy to increase up to $ 30k because it only needs an increase of 10%, as we know that 2 weeks ago the price has risen more than 20 % in a day and not difficult to rise 10% a day so that it can touch $ 30K.

It has been more than a week that the price has been at the $28k level, hopefully tomorrow or at the end of this month the price will reach $30k soon, if the price can touch $30k then it is certain that it will make many people panic buy because they hope the price will continue to rise, and this is indeed a fact which had often happened before.

There is currently a lot of resistance at $28k and the price seems to be settling in this area at the moment. Either way, I also hope that the current limit will be broken and that we'll get to $30k this month. That would certainly be a positive signal. However, let's not forget that the price has been going up for the past few days and for a long time it looked like the price wouldn't go above $25k. So even if we don't hit $30k this month, we should be happy with the current price of $28k.  ;)

Yes, it's the resistance level, similar to when was $26k was the biggest barrier, we have like 3-4 times to attempt to break that price. But once we got to it, smooth sailing as we go as high as $28k and almost touching $29k.

So that might be the case again at $28k, it's the biggest resistance and it might take as much attempt as $26k.

Nevertheless, there is no resistance that is too big for bitcoin to break. For March, I say $27k will be the right price.

There were a lot of price guesses and projection this month and many of such speculation did not hold water while a few who believed that bitcoin will climb above 25000 dollars and would likely get to 30,000 dollars this month are the ones that got the correct speculation.

Obviously there is a lot of resistance at 28,000 dollars then I'm not sure that bitcoin will be able to break the 28,000 dollars this month, rather it could drop down to the range of 25000 dollars as it is in the range of 27000 Dollars presently.

Since the beginning of March bitcoin has experienced a significant increase in price where the price of bitcoin traded in the range of $27k- $28k. But right now the bitcoin price is still having a hard time breaking through the $30k area. However, while it is still difficult to climb into the $30k area, I don't think bitcoin price is likely to drop below $20k again.

It's not difficult actually, but only hindered by a sudden correction so that Bitcoin is still in the $27k-$28k area. And if in the near future there is another increase in size of a few percent in Bitcoin, I believe the $30K area will be reached by Bitcoin. I believe in this because Bitcoin is an asset that has been targeted by many people to be owned and traded regularly by many parties, so I would not say that the $30K area would be difficult for Bitcoin to achieve.

Many speculators hoped that $30k in March would happen, but it hasn't. Well I'm not blaming the speculators for how they made their analysis, but it just seems obvious that $30k is a tough resistance to break this month. Also $28k is still hard to hold this month but there seems high hopes for another $30k in the remainder of March.

Not difficult, but definitely a bit difficult in the short term. $30k failed to break through in a few moves a few days ago, even $29k is still hard to come by. While the price is still sideway between $27k to $28k, there are a few days in March to look forward to a hike.

Price had settled to $27k, so most likely this will be the price at the end of the year. Resistance is at $28k for now, sooner or later we are going to break that, but not this March. Of course if has been reached already many times, but it's not sustainable. So it's not like we break it and then we are ok with that. No, it should be a sustainable run, and in this case, it's aren't.

So for now it's could be another test for the bulls on how they are going to smash that barrier again.

Maybe the herds are just gathering for another run in March for $28k-$30k.

To be fair though, price reached $28.9K, which wasn't far off! I think as well many anticipated the $30K old support 'level' to be tested as new resistance which is more likely around $28.5K to $30.5K (given the large volume gap between $25K and $30K), rather than reaching precisely $30K. Also it's worth noting that since end of February price has gone from $23K to $28K, so not exactly bad speculation that price could reach $30K by March. Also to note there's still a few days to go, so unless price is to head towards $25K old resistance in order to turn it into support, there's still a good chance we'll see $30K this month...

but the fact is that bitcoin is having trouble breaking $30k let alone staying above $30k, so far since early 2023 until now bitcoin has not been able to break through $30k. if this positive trend continues it is very likely that next month the bitcoin price will be able to penetrate $30k, but if this positive trend stops the bitcoin price will stabilize around $27k or even fall back below $25k.

March will end in about 15 hours and I think the hope of touching $ 30k seems to have failed, even today the price has fallen again to around $ 27k and you have to be patient to see the price rise, usually in April the market will skyrocket and by being patient for a while then we can sell at a better price.

The Bitcoin market started the new year slightly higher. At the point where the Bitcoin market was in 2022, investor sentiment almost completely collapsed. But in 2023, the Bitcoin market showed a lot of desire to grow. The Bitcoin market touched $29k in March and the sell-off market is likely to grow higher next month. So the market is likely to go further this year and the next year will see enough growth in the Bitcoin market. It is expected that the Bitcoin market will reach $100,000 in 2024, so I think it is better to invest in Bitcoin and hold.

Was I the only one that was surprised that the price of Bitcoin didn't at any point in march touch $30k price that we all were expecting. March in the past usually isn't a good month for the price of Bitcoin but this years things were different and everyone was optimistic yet it still couldn't cross that price, what actually happened because I'm surprised.

March had positive event that could have pump the price passed $30k, we had banks crashing and this should favor Bitcoin market yet it didn't happen or it didn't have as much impact as I thought it would because centralized banks crashing should be a very good news to Bitcoin. Now that march is gone, what can April offer the price of Bitcoin?

March has passed and it looks like it should close below $30k, but March certainly makes us optimistic because prices will continue to rise, even many users continue to buy because usually April will see a fantastic increase, we are waiting for the price to touch $30k before 10th or not, if the price of $ 30k can be reached before the 10th then the chances of reaching $ 40k in April are certainly greater.

I hope the increase in March is not a trap but the start of a bull run, April is already 2 days and the bitcoin price does not drop below $ 28k, if the price this week can touch $ 30k then it will be easy to reach $ 45k in April, usually April is the month with the highest rise of the year, as it was in 2021 The first ATH occurred in april.

I don't agree with what you said, you said that usually April is the month with the highest price increases, but the reality is not like that. The second ATH that occurred in 2021 did not occur in April and the second ATH was higher than the first ATH, besides that ATH in 2017 occurred towards the end of the year (not April).

As you rightly said we are already 2 days into April and as hard as it is to speculate the price of Bitcoin, it will be important for us to set one record straight which is the unstable nature of bitcoin, because you don't consider that, you may be making a blind analysis of the entire situation but then we must remain positive with our drive to see bitcoin arrived at the 45k price you predicted soon.

OP: Given March is now over - ending in +23% for reference sake - it'd probably be best to consider locking the topic imo.

Otherwise users will continue to guess March prices even though the month has already passed... just a thought.

You can always open another topic with April price speculation  ;)

March is over and we deserve to be satisfied with what happened in March, prices can rise from under $ 20k to $ 28k and be a great start for April, it's only natural that many are optimistic that the month of March the market will skyrocket in the month after March because it started with a good thing.

I didn't really checked how much it was for March, is it really 23%? That's a pretty good increase, I am also interested in stocks and not many can ever achieve that much increase in a month, not like it hasn't happened before but it is not common like every month type of deal.

Bitcoin is truly volatile, it can go up and down so much in a single month, we see 23% as normal because we had so many months where it was so different and that is why it wasn't really something we could consider as an option. I can't really believe that we had a great month, it has been so long since we hadn't had a good increase that it is really a weird situation to see this happen like it is no big deal.

The market recovery has been gradual, but the +23% gain last march is a significant price boost for the recovery so far and overall the market this year has indicated it will recover from the bearish past, we expect the $30k price tag to be hit soon in april as some potential news about Microstrategy has added bitcoin assets could trigger higher gains for the next stage of the market.

I think it's still difficult to price in April even though Microstrategy has encouraged more confidence in the majority of investors. Bitcoin price is still having a hard time getting back to the $29k level so far after being hit in March, so somehow I'm still not thinking about maybe $30k above before that arrives.

We may have arrived at an early bullish stage, but the market is still having a hard time ignoring FUD so the price is likely to have hard time finding resistance above $28k or $30k. But since it's only the first week of April, it's possible to expect that resistance to be hit.

Seems both March and April is a similar price range so far, its just sticking to the ceiling.  Can hardly call this negative at all but its confusing which direction we can take next, I do presume we are positive overall.  A harsher pullback to 20k was quite reasonable and yet selling to that extent is not evident.
https://talkimg.com/images/2023/06/12/ANWHm.png

What has been achieved in march is certainly worth being grateful for, the price was able to break through a wall that was previously untouchable at $25k, now is the time to see an even bigger increase because i believe april will reach at least $35k.

I have analyzed the market and found that the price of Bitcoin tends to increase more in April than in March. The position the market is currently participating in will turn the market into a bull market in the coming months. Right now is the right time to invest. Investing in Bitcoin now by understanding the market position will give you good profits in the future. And in the current position of the market, the price of Bitcoin is at $28000 and it will definitely increase further. But the market will move slowly and in the next month I think Bitcoin price will exceed $30000.

With the market behavior it might touched $30k and will play in this level we really can't conclude that it can reached $35K but
we can't also deny that with the wave inside the market that price is achievable.

For now, we need to enhance our anticipation as we can position our investment either to a long hold investment or we can do some short trades.

Depending to how you analyze and anticipate the possible market run, but likewise March was a good sign of positive market hoping
to see continuation this April.

The increase has been seen again today so that Bitcoin is over $29K and this is of course very good for Bitcoin and other cryptocurrency markets because when Bitcoin starts to increase like it is now, the average other cryptocurrencies also experience the same thing. I'm also looking forward to the bull run market this month though not to see a new ATH as it is clear that Bitcoin still has a long way to go although it is not ruled out to happen.

Hey mate are you from the past?

March is long gone and the discussion has gone far past the time where we still speculate the amount you mentioned, but then we must continue to consider some facts as regards Bitcoin price and at the same time try to be in touch with the present realities of things and not be disconnected.

But then, at the current price condition, bitcoin has been on a more resistance level for a while now and if all things are equal, there may be a rise in the price in the coming days of tune.

The last price was $28K in March and I saw from Coinmarketcap there was no significant change, only we went above $31K a little and now in June the price is around $27K.

Now we're moving on to the June speculation, there's been a separate thread each month so we'll see if price continues to sideways or if there's a slight spike towards $40K this is still a mystery but bitcoin price is still on hold and the resistance level isn't clear yet penetrated, but there is other speculation that in June there will be better movements than in May, so hopefully that will come true.