BTC Sentiment Poll for March

[LogitechMouse]

Voted for yes though we all know that all of our votes are just a speculation and in the end, we still don't know what will happen with Bitcoin .

After a downward movement of the market because of the war, we've seen Bitcoin went up double digits alongside other altcoins and it surpassed the $40,000 price. I'm expecting for Bitcoin to stay above $40,000 and will move sideways to the $40,000-$50,000 price range maybe or $45,000 for some few days to weeks possibly just to shake out the uncertainties.

Though there is still a chance for Bitcoin to go below $40,000 still if there are some bad news that will pop out because we already know that the movement of the market is being determined by the sentiments of the investors.

[buwaytress]

Sentiment seems to be jumping all over the place from week to week. There feels like a great deal of uncertainty is in the market right now with people’s predictions changing depending on how Bitcoin moved that day. Right now people are back saying $50K, but a few weeks ago it seemed like $10K was imminent. I’d be scared to buy or sell here, but it does feel to me like we’ve changed directions and it’s up from here. I guess it will remain to be seen if that’s the case or if we’re just witnessing a head fake before the next leg down.

Agreed. However, this is sentiment which is based always on emotion and much of us in bitcointalk.org are emotionally unstable hehehe. This is why I voted I don't know again. This market appears to be under the control of the market makers similar to Alameda Research which I speculate would dump bitcoin during tax season to cause a lower cost basis.

Yeah, have to admit I was prepared for more pain in February, this has taken me by some surprise, but I'm not moved either way on sentiment long-term. I doubt this is the fantastic year a lot of people predicted even in December, that 100k target (as loosely as I can ever say I've target six figures) I've postponed to the next halving.

That's really the only sure thing left.

[tokeweed]

Rejected.  -_-  Resistance at 44k - 45k looking to be too strong right now.  I've heard some people at CT saying that it was Binance that was selling against the pump.  No better way to get out and sell their longs I guess.    Just when I thought S/R flip was now happening for sure.  Sucks.

But yeah, I guess BTC is trading in a range between 34k, 35k  and 44k, 45k for now...  I'm trying not to be hopeful about 40k holding.  Lol.

[fzkto]

It is possible that we have briefly bounced back from resistance and can hold 40k. The rising lows on the global trend is a good thing. I don't know how March will be, but judging by the trend, bitcoin is not going to go much lower yet. The main thing is that nothing worse happens in the world than what is happening now.

[jaberwock]

Agreed. However, this is sentiment which is based always on emotion and much of us in bitcointalk.org are emotionally unstable hehehe. This is why I voted I don't know again. This market appears to be under the control of the market makers similar to Alameda Research which I speculate would dump bitcoin during tax season to cause a lower cost basis.

Yeah, have to admit I was prepared for more pain in February, this has taken me by some surprise, but I'm not moved either way on sentiment long-term. I doubt this is the fantastic year a lot of people predicted even in December, that 100k target (as loosely as I can ever say I've target six figures) I've postponed to the next halving.

That's really the only sure thing left.

I wouldn't be able to say 100k is postponed to next halving in my mind. Obviously a million or more is already there, I am not even going to argue against that, maybe not even at that time, because one million is a lot of money. However 100k is 10% of that and I believe it "may" reach those levels before the next halving. Obviously this is just my prediction and I could be very very wrong as well, who knows?

I just wouldn't throw that away as guaranteed not going to happen thing for the time being. I would put that aside as the thing that could happen or may not happen and just something we will have to wait and see. I am a long term holder so I could be biased a bit.

[btc78]

Hey guys...  Here we are again and it looks like the final day of Feb could be giving us hints of what’s in store for the market for the month of March.    And it’s obv looking really good!  Nothing like a long green candle to get those dopamines going.  Lol.

Anyway here’s a chart.  Same levels of resistance as last month, both at around 45k and and 51k.  I’m feeling good about this one tbh.  Leeezz gooo!

Like what the Outcome of Votes? it is majority that answers YES , so this is the sentiment of the community and adding my vote as well.

I have expected more dumping towards the war increase but it is not, instead the effect only happens short term and now there is an growing happening and yes people are there to support now and stopped the scaring idea with the effect of the war.

Who wouldn’t.  I expected July lows to be tested too.  Lol.  I didn’t see this coming to be honest.  It was a pleasant surprise to say the least.

Yeah right , but what we are seeing also now is really unstable market, we even has a fall and up happening continuously.
https://coinmarketcap.com/currencies/bitcoin/
from 43k now again 41 k .

But for the sake of discussion, what does everybody think is the catalyst that’s causing the buying spree during a time of uncertainty and somewhat a time of chaos?  Not that I really care or anything, all that matters to me is all in the chart, but just curious...  What does everybody think?

the sentiments had been laid already and yes the Buying chances is ON and people are now getting on to it.

But mine? have bought some alts instead of Bitcoin because I have been in Holding bitcoin since December last year.

[tokeweed]

^  Look again.  The buying stopped and the selling has resumed.  According to some of the guys at CT it all started when somebody dumped in Binance.  It was prolly a local top signal then the rest followed. 

...  We're in the low 40's now and if this continues all weekend without any bounces then we def see BTC break down 40k.  And tbh I voted yes.  I really thought it was gonna go straight up to 50k, a correction to 45k, turning that into support then resume going up again.  -_-  I feel like an idiot.

[STT]

Disappointing its not held higher then this, a good weekly bar would have helped the prospects for March considerably.   Right now my modest ambition is we just avoid having to check the same low support again around 35k.  If we can trade a bit higher then that its still a market with positive movement, we are greatly effected by the higher Dollar worth I think.

   Weekly bar is negative some, looking at the peak here is the underside of December lows and it caused us to sell off some together with obvious bearish factors playing on many markets.

[TravelMug]

^  Look again.  The buying stopped and the selling has resumed.  According to some of the guys at CT it all started when somebody dumped in Binance.  It was prolly a local top signal then the rest followed. 

...  We're in the low 40's now and if this continues all weekend without any bounces then we def see BTC break down 40k.  And tbh I voted yes.  I really thought it was gonna go straight up to 50k, a correction to 45k, turning that into support then resume going up again.  -_-  I feel like an idiot.

If you fee like an idiot then majority of us are idiot too, 

We have broke down the $40k resistance the fluctuating around $38k-$39k. So this is another buying opportunity for the majority and take advantage of the situation.

And then the cycle repeats itself again, will probably go as high as $45k again.

[davis196]

It seems that the market will continue being volatile and turbulent.The price cannot break above 40K,despite the two attempts in the previous two weeks.
For some reason many traders are selling BTC.Is this panic selling,or they just buy BTC,and sell it fast,in order to gain a currency they want(perhaps fiat)?Is this caused by the war in Ukraine?I don't know.Probably.
The current situation cannot help for building a steady FOMO and pumping the Bitcoin price back to 50-60K.
I knew that February and March are going to be bearish or stagnant months for Bitcoin,but I'm still optimistic about April,May and June.
 

[lizarder]

It seems that the market will continue being volatile and turbulent.The price cannot break above 40K,despite the two attempts in the previous two weeks.
For some reason many traders are selling BTC.Is this panic selling,or they just buy BTC,and sell it fast,in order to gain a currency they want(perhaps fiat)?Is this caused by the war in Ukraine?I don't know.Probably.
The current situation cannot help for building a steady FOMO and pumping the Bitcoin price back to 50-60K.
I knew that February and March are going to be bearish or stagnant months for Bitcoin,but I'm still optimistic about April,May and June.
 

What I see this year's scheme is almost the same as in 2021, where bitcoin was able to reach ATH only twice in that year, in 2021 bitcoin also experienced a correction for so long in the early to mid-month, but managed to reach its peak price at the end of the year , it is undeniable that the case of war that hit Russia and Ukraine has an impact on bitcoin's current journey, but it doesn't seem to have much impact on bitcoin, the evidence is that bitcoin has not yet reached its lowest point in price.

[Questat]

Hey guys...  Here we are again and it looks like the final day of Feb could be giving us hints of what’s in store for the market for the month of March.    And it’s obv looking really good!  Nothing like a long green candle to get those dopamines going.  Lol.

Anyway here’s a chart.  Same levels of resistance as last month, both at around 45k and and 51k.  I’m feeling good about this one tbh.  Leeezz gooo!

When viewed from the graph, this shows our pessimism about the coin's journey, the graph is not heading towards the green, but instead going down to the red lane, how can we complete this graph going forward, but on the other hand I feel optimistic going forward, this development will be a point a revival for crypto as a whole, if I'm not mistaken this scheme will run in the middle of the year, to get the charts back on a green path

That remains unpredictable. We thought that after the corrections the prices surge back again, yet that never happens as the war begins which makes the market prices drop back. As per to see the market is still green but can be possible it turns red if the momentum won't change. But I expect this really be going that way as just a huge selling happens in Binance. That might trigger huge dumps, plus the conflict between Russia and Ukraine.

[fzkto]

Today's rise seemed encouraging to me. At least we saw a bounce with a possible local reversal and an ascending bottom. If we look at the weekly timeframe, it looks like bitcoin is at the bottom. I don't know how this month will end, but I expect the market to rise soon. The main thing is that the local war does not turn into a global one. Which will consequently have a negative impact on all global markets.

[sana54210]

When viewed from the graph, this shows our pessimism about the coin's journey, the graph is not heading towards the green, but instead going down to the red lane, how can we complete this graph going forward, but on the other hand I feel optimistic going forward, this development will be a point a revival for crypto as a whole, if I'm not mistaken this scheme will run in the middle of the year, to get the charts back on a green path

Do not lose your hope because of a chart, never lose any hope because of a chart. The reality is that we are talking about just one chart drawn by one person. As I always said there are situations where people end up drawing charts on the same day, same moment and one shows it will go up while the other shows it will go down.

I believe that the long term approach is still clear bull run, so there is nothing changing that anytime soon, and maybe short term may not look great. However, one bad news for the fiat world means everything could change, it could be 70k+ even overnight, if not in a month depending on the type of bad news for fiat, or great news for crypto.

[rodskee]

Rejected.  -_-  Resistance at 44k - 45k looking to be too strong right now.  I've heard some people at CT saying that it was Binance that was selling against the pump.  No better way to get out and sell their longs I guess.    Just when I thought S/R flip was now happening for sure.  Sucks.

But yeah, I guess BTC is trading in a range between 34k, 35k  and 44k, 45k for now...  I'm trying not to be hopeful about 40k holding.  Lol.

at least this is valid mate because the price stays at that level till now , Luckily we have not seeing price bellowing 35k up to now and hope this will stay this strong for the rest of 1st quarter.
what I am looking now is the breaking of 50k resistance again though we seemingly staying at 30k level for a while.

Today's rise seemed encouraging to me. At least we saw a bounce with a possible local reversal and an ascending bottom. If we look at the weekly timeframe, it looks like bitcoin is at the bottom. I don't know how this month will end, but I expect the market to rise soon. The main thing is that the local war does not turn into a global one. Which will consequently have a negative impact on all global markets.

the price is rising and falling constantly at least for the last 5 days so in which you are referring this rise?

[tokeweed]

^  I think he was referring to the other day's rise during US session.  Everything looked like it was set up for another leg up the next day but then suddenly dropped from near 40k back down to 38k.  It was hilarious as people at CT were getting really excited and had already tweeted that they 'bought a lot of crypto at these levels.'.  Lol.  They prolly will be selling at 40k for the lack of confidence after what went on the other say.  Today is no different.

Edit:  And it looks like S/R flipped.