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Author Topic: Another month of March  (Read 795 times)
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March 02, 2021, 08:05:52 AM
 #61

What you think this coming month (March) will bring?

Most of the time, we were expecting something to be happened into this market, but the opposite things were happened previously in the history of crypto market. Maybe, same thing will be going to be happened as more users are expecting to have a bearish market in this month. Just look into past three years, everyone was expecting to see a pump to back into ATH of bitcoin in 2018, but that didn't happen and everyone was expecting to see a dump in March ,2019 after getting such a bullish rally in February, 2019 which also wasn't done. On the other hand, everyone was so much bullish on bitcoin back in 2020 as halving was going to be happened and like previous history, it wasn't bullish in March, 2020. So, it might become a bullish month as everyone's expecting to get a bearish month, IMO.

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March 02, 2021, 09:01:34 AM
 #62

I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
Yes historically March has been the bearish month for crypto but this year it is going to be different. A lot of things have changed post covid.
BTC and alts are back jn green from the beginning of new month and it is a good sign
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March 02, 2021, 09:05:22 AM
 #63

On the first day of March, we see the bitcoin price gets a good movement and back to $47,500, and hopefully, the price can still increase and back to $50k this month. If that can happen, the chance to back to the next high price, such as $53k-$55k, will wide open, and that will be only a matter of time for bitcoin to back on every high price that already touched before. This year can bring a good year for bitcoin because the big companies' adoption helps bitcoin grow.
It's around $48k-$49k, saw yesterday that it is attempting to break $50k barrier but it wasn't enough to push the price though. But we are just barely this March, anything is possible, and just like the first two months of the year, it went on correction, but we have bounce back and then put up a good all time high. So I'm still expecting that it will be the same this month, breaking $50k again and even goes to $60k.
I am sure bitcoin will have more power to push the price to break the $50k barrier. We are still on the second day in March, and we have more days to see bitcoin price will start another rally this month. The correction can come before the rally, so we need to be careful of that and prepare for anything. I would love to wait for the $60k as that is my next target price to sell. Meanwhile, I am still trying to make a profit from the up and down of the price.

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March 02, 2021, 09:18:25 AM
 #64

While this may sound like a cause for caution, in the long run it can be a bullish sign. According to Glassnode, the Spent Output Profit Ratio (SOPR) has undergone a "complete reset," meaning that profits may have declined and long-term investors will seek to hold on.

Decentrader co-founder Philip Swift also noted that the decline in SOPR deserves to be seen as an indicator of future market health. He believes this is perhaps a bullish moment in the crypto market, especially in light of last week's funding rates, which have historically been followed by a jump in prices.
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March 02, 2021, 09:18:51 AM
 #65

I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
No doubt historical records have shown that the month of March has never been favorable for bitcoin price, but currently the bull run we are experiencing is also something no one has ever seen, yesterday was the first of March and bitcoin moved from $44k to $48k it tried retesting the $50k level, I think this March might be different from the rest, even though it's still early to judge by yesterday's rise, it's best you remove that short before you get liquidated.

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March 02, 2021, 11:58:03 AM
 #66

I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
I think it is just a bearish cycle that Bitcoin is in it. It was the same at the end of January too. It can be a weird correlation but it seems that people buy more in the middle of months and begin to sell at the end of months, and it takes 10 days to recover from dip till the middle of next month. Of course, this drop is not the final of the Bullish run. Markets react to how people think about the future. There is much positive news on social media that will affect the rice. Yesterday Bitcoin hit $50k again but retraced shortly. Buy and hodl, Bitcoin will take care the rest.

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March 02, 2021, 12:47:24 PM
 #67

Id say that Bitcoin will be back on its bullish momentum, as you can see the price is slowly gaining and recovering once again...
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March 02, 2021, 02:40:18 PM
 #68

-snip-
Yes historically March has been the bearish month for crypto but this year it is going to be different. A lot of things have changed post covid.
BTC and alts are back jn green from the beginning of new month and it is a good sign
in fact, it should have been seen from the beginning of the year that if there was going to be a correction, it would have already been made. In fact, there has been an increase, ATH can even be formed in 4 consecutive days, this clearly indicates that there will be no decline. if it happens he is only temporary and will come back again and it seems like it continues.

This year it is likely that the halving will still affect bitcoin. while altcoins will also be affected by seeing that many have also increased beyond expectations from the old and new ones, not to mention those who reach their ATH. so this year will run simultaneously for improvement and the time is quite long.
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March 02, 2021, 03:50:26 PM
 #69

We can only guess at cryptocurrency but it is not possible for anyone to make a correct prediction.  What happened in March last year will not happen in March this year.  Prices started falling last year but may rise this year.  In cryptocurrency, there is not much time difference between price going up and down.
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March 02, 2021, 09:07:15 PM
 #70

The month of March this year shows a good sign for the crypto, it is still in a bullish state. Bitcoin is starting to rise from correction and seems sideways,
yes its natural because bitcoin continues to be at a height for that long. This is just a correction to go bullish next. So I'm not worried that in March 2021,
bitcoin has become massive, it will definitely differ from March 2018.I think it's like that.

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March 02, 2021, 09:18:28 PM
 #71

The month of March this year shows a good sign for the crypto, it is still in a bullish state. Bitcoin is starting to rise from correction and seems sideways,
yes its natural because bitcoin continues to be at a height for that long. This is just a correction to go bullish next. So I'm not worried that in March 2021,
bitcoin has become massive, it will definitely differ from March 2018.I think it's like that.
How do you say so? even if the price do able to withheld but doesnt mean that it wont potentially be having a crash specially now that it is really moving sideways.
Its really hard to predict on what would be the next move,We might see some another pump if we do able to see some adoption or integration news came from
big companies just like on what happen with Tesla and Paypal but if not then we would really be having a hard time on rising up this market on that certain
range or certain extent.
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March 02, 2021, 11:26:26 PM
 #72

We must not always think about that history repeats itself for quite sometime that this thing happens every time of this month or this could happen into the time of another month and so on and so forth for our fears into something do always makes up pulling out investments that may get into regrets because of that thinking. Although there can be a potential or possibility that it would happen, but better just keep it in ourselves so that new people in crypto will not get into panic. Just prepare standard measure you customize on yourself on how to deal at times like this and you can be able to survive if ever same thing happen once again.

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March 02, 2021, 11:38:19 PM
 #73

The month of March this year shows a good sign for the crypto, it is still in a bullish state. Bitcoin is starting to rise from correction and seems sideways,
yes its natural because bitcoin continues to be at a height for that long. This is just a correction to go bullish next. So I'm not worried that in March 2021,
bitcoin has become massive, it will definitely differ from March 2018.I think it's like that.
How do you say so? even if the price do able to withheld but doesnt mean that it wont potentially be having a crash specially now that it is really moving sideways.
Its really hard to predict on what would be the next move,We might see some another pump if we do able to see some adoption or integration news came from
big companies just like on what happen with Tesla and Paypal but if not then we would really be having a hard time on rising up this market on that certain
range or certain extent.
This March might be the reddish month of the year or it's just keep going up and down that's there's no sign of breaking a new ATH.
Bitcoin is just having a price correction plus hodlers making profit and a little weak hands dumping, thinking this would be the end of bull run.
But this makes it the unstable month for Bitcoin, although it already touched $43k as the lowest support for this month and now it's starting to move up.

Signs of new large institutional investors might show slowly as time flies and we don't have to worry about the end of bull market, this is just the typical days after a massive growth over a month.

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March 03, 2021, 05:39:24 AM
 #74

I'm sure this march will be neutral in terms of bitcoin's performance on its price, This year 2021  now is the most successful years for bitcoin because of all the good news that's happening like big companies investing in BTC, Many people are adapting into cryptocurrency, So right now I'm not even worried if it will go to bullish or bearish,

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March 03, 2021, 03:36:52 PM
 #75

now market very up. any time market will be dump .but in 2012 many people comes in bitcoin.so i think bitcoin price up so much.i am very nervous about market.  i hope  march bitcoin up more but  in April  bitcoin will be dump.

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March 03, 2021, 04:22:55 PM
 #76

I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?

Indeed, over all the years of BTC's existence, March was not a very successful month in terms of prices. However, this year 2021 we see a slightly different situation and there is a possibility that the month of March for the first time could become a month of growth in the price of BTC. Moreover, at the moment we have already experienced a correction and now the price of crypto and BTC have started to go up. In any case, we now need to be very careful, since the crypto market is not predictable and the market situation can change very often.
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March 03, 2021, 04:33:26 PM
 #77

I'm sure this march will be neutral in terms of bitcoin's performance on its price, This year 2021  now is the most successful years for bitcoin because of all the good news that's happening like big companies investing in BTC, Many people are adapting into cryptocurrency, So right now I'm not even worried if it will go to bullish or bearish,

That's the spirit, in case this month won't provide the bullish market that we are aiming, it's still good to believe that the year will do.

There are many investors coming from traditional businesses, those business owners who are now engage with crypto/Bitcoin, they are bringing investment and they are also adopting the system.

With them, the future of this market is really positive, if in case this month won't be that good which is not really showing currently. There's a good
bounce after the last day of February, slowly but it's showing strength and it keeps bringing interest as bounce back shows how the market is different from the last bull run.
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March 03, 2021, 04:47:32 PM
 #78

We are starting with huge pump,
so, don't feel panic and don't do stupid panic sell. People are started doing stupid thing when they see a normal dump, everyone wants continuous pump.
Panic selling is the only one causes of market uncertainty, as starting is good and 4 hour chart gives a trend reversal signal, hope we will back to our bullish wage.
My next target is crossing ATH again and making a new historical ATH within this month.

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March 03, 2021, 05:28:39 PM
 #79

I'm sure this march will be neutral in terms of bitcoin's performance on its price, This year 2021  now is the most successful years for bitcoin because of all the good news that's happening like big companies investing in BTC, Many people are adapting into cryptocurrency, So right now I'm not even worried if it will go to bullish or bearish,

That's the spirit, in case this month won't provide the bullish market that we are aiming, it's still good to believe that the year will do.

There are many investors coming from traditional businesses, those business owners who are now engage with crypto/Bitcoin, they are bringing investment and they are also adopting the system.

With them, the future of this market is really positive, if in case this month won't be that good which is not really showing currently. There's a good
bounce after the last day of February, slowly but it's showing strength and it keeps bringing interest as bounce back shows how the market is different from the last bull run.
There is no reason for long-term investors to worry, and only those who speculate on bitcoin prices play Roulette all the time, because it is impossible to predict with 100% accuracy whether the price will go up or down. But if we take into account all the statements of specialists, then they basically agree in the opinion that Bitcoin in the future will become a stable financial instrument, and since BTC will be in many large investment portfolios, this will protect the asset from various risks. In addition, I do not see any obstacles for Bitcoin to reach $ 100K by the end of 2021.
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March 04, 2021, 10:44:58 PM
 #80

I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?


i strongly believe the bear season starts in march after every bull has come around the previous year. the q2 of the next year after the bull has started is always the bearish season and i will advice people to brace upfor the impact.

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