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Author Topic: Thoughts on the month of March for Bitcoin? Predictions?  (Read 910 times)
mskryxz
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February 28, 2014, 09:46:40 PM
 #1

October -December was crazy
January was somewhat calm.
February was just a cluster f*ck.

I wonder what March will bring? Watching Bitcoin is like watching a movie, seriously.
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February 28, 2014, 09:49:18 PM
 #2

I hope we should stabilize sometime later in March and make a base for next rise.

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February 28, 2014, 09:55:28 PM
 #3

We will remain in a slow painful bear market trying to find a bottom. Eventually we will find that bottom around either the 200 SMA (currently around 480 which is also a 61% Fib Retracement area) or the 300 EMA (currently around 435).

I think it may take us the entire month of March to find a bottom or even longer. I think we have to have some more pain before we work it all out of our systems. I expect us to continue down on no news or bad news, making small pushes up on resistance levels (500-505) and good news. So it will be a fight, with bears winning until we hit major resistance levels.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
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February 28, 2014, 09:57:06 PM
 #4

I hope we should stabilize sometime later in March and make a base for next rise.

Barring any other catastrophes and negative media attention, I think you're right. My guess is we'll stabilize at some point between $500-$650 for a number of months (sort of like mid-2013). Either way, after all that's happened so far, I don't think we'll be seeing any prices much lower than $500 or so (depending on resistance of course). *crosses fingers*

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February 28, 2014, 10:53:23 PM
 #5

We will remain in a slow painful bear market trying to find a bottom. Eventually we will find that bottom around either the 200 SMA (currently around 480 which is also a 61% Fib Retracement area) or the 300 EMA (currently around 435).

I think it may take us the entire month of March to find a bottom or even longer. I think we have to have some more pain before we work it all out of our systems. I expect us to continue down on no news or bad news, making small pushes up on resistance levels (500-505) and good news. So it will be a fight, with bears winning until we hit major resistance levels.

this guy just sold, dont take any words from him  Wink
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February 28, 2014, 11:00:00 PM
 #6

Mark Karpeles will be arrested at the airport whilst trying to flee Japan with 850k coins on a USB-drive. Grin

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