BTC Sentiment Poll for March

[tokeweed]

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!

[buwaytress]

Typical, isn't it? Just as you're psychologically prepared to sit in for long months of stacking and balancing bad prices, markets shoot up again. I'm going to take a dumbfire approach, replicating my February initial stance: sit and hope for sustained weeks above $40k. I don't mind if we don't see 50k, or even 45k, I just prefer full weeks with a strong support at 40k. Get that MA stable again.

Of course, with you-know-what situation going on, be naive to expect any kind of stability for March (or April).

[pooya87]

Well, it looks like the market manipulation couldn't last that long since they could only keep the price below $40k only for a handful of days. It seems like the $40k level is going to be a thorn in bearwhales' side again. We still have to wait and see whether the market manipulators have run out of steam or not.

[tokeweed]

^  Then again it could be the same manipulators getting the price above 40k.    I mean as you said it, they’re the manipulators.  They made it their job to stop run and move markets for profit at our expense.

So if 40k holds, do we thank them for it too? 

Typical, isn't it? Just as you're psychologically prepared to sit in for long months of stacking and balancing bad prices, markets shoot up again. I'm going to take a dumbfire approach, replicating my February initial stance: sit and hope for sustained weeks above $40k. I don't mind if we don't see 50k, or even 45k, I just prefer full weeks with a strong support at 40k. Get that MA stable again.

Of course, with you-know-what situation going on, be naive to expect any kind of stability for March (or April).

I guess...  But I’d feel a whole lot better seeing more green candles in the coming weeks.  Bitcoin is due ffs.  That higher low and the couple of long bottom wicks are good signs that BTC could start trending up imo.  

[OgNasty]

If it wasn’t for billions of dollars in Bitcoin waiting on the sidelines for regulators to decide it’s fate, I imagine Bitcoin would have gone much higher. However, there are some very real concerns of large amounts of Bitcoin hitting the market and sending prices towards a collapse. I don’t see the price falling below $10K for any sustained period, but one should be aware of the very real threat of finex and gox coins sending the market lower like we haven’t seen in quite some time. Even with today’s market demand, I think absorbing several billion dollars will be a challenge.

[Oshosondy]

I can be wrong with my analyses, but what I am thinking about is that $40000 resistance may not hold, there are likely chance that the price of bitcoin will still fall back below $40000 and this price can become a resistant price again. But most importantly, it is good to know that bitcoin price and other cryptocurrencies are no controlled by the war that is going on between Russia and Ukraine, even if the price of bitcoin increases or falls, it is just normal. Even if the war will affect, it will be a possible effect that can lead to bitcoin price to increase.

[Baofeng]

I voted for Yes, just right now we have broken that $40k barrier, and it seems it is holding as of now at it goes to $41k. And maybe we can go as high as $45k this month before we can see some correction.

I don't want to attribute the current surge in price to the war, but it seems this is the case right now. Maybe wealthy people are putting their wealth into bitcoin specially people near the border of Russia and Ukraine.

[tabas]

Voted for yes.
Although I have this belief that whenever March is approaching, there's always the bearish side and impression that it got me thinking. But as this day ends, we've seen how it quickly jumped to $41k.
It's about to cross $42k and if it's going to be there, we shall see that it's going to hold $40k. I guess my impression for this month would have changed already in a glance due to the spike.

[romero121]

As a new month is about to start, so is the market movement. The price have crossed $42000 which is really a big thing amidst the war that has shattered the market in the beginning. The market have got inflow of investment from people around the world to keep their money safe. Another thing is the usage of cryptocurrencies in large scale by the countries involved in the war. As the market is independent and decentralised this growth is being experienced. But, anytime this could crash relative to the war move. If talks results positive, the growth will continue and $40k will sustain.

[STT]

Heck of a move today, I think we top out around 47k area as this is near 200 day and old trends.          If any had doubts we are positive, surely not now:


We have passed the 50 day average but its important we close outside of the previous range to capture these current gains.   That would mean a closing weekly bar above 43k should be shown for this month and going into the end of March, if we do that we should be very positive.

[Yaunfitda]

I also like the sentiments so far, so a yes for me.

Actually we have reach at high as $41k, it's impressive that from the start of the news about the war the market plummeted by now has recovered what we have lost and then gain some. And we have seen that if a whole number resistance is broken, it will continue until like the mid high. So this might be the case for this month and I will not be surprised if this spike could go $45k.

[Wexnident]

I sure do hope so. I was kinda debating whether I should start selling again and buy at the dip since I mostly DCA, but since the market just sustains the same pattern which looks like it's going to be stabilized on, I'd rather just hold really. I'd much rather hope for a steady sustainable market right now, I reckon the dip from the ATH from these past few months should be enough and we wouldn't be seeing any more big dips for now, unless ofc, the current situation evolves in a way that it would heavily influence the market, FUD or not.

[aruldaroy]

Well, it looks like the market manipulation couldn't last that long since they could only keep the price below $40k only for a handful of days. It seems like the $40k level is going to be a thorn in bearwhales' side again. We still have to wait and see whether the market manipulators have run out of steam or not.

What if this is not a market manipulation but in fact the market reverses direction.
Because I feel bitcoin will stop rising at around $45k.
When the price reaches $40k the bear whale will be hot to see the market situation.

[GreatArkansas]

What I most appreciated when February ends is when the daily timeframe candle closes above 13, 21, 50 EMA. Very good sign for the start of the month. And I really believe that this March will be short-term - mid-term bullish.
If you also take a look at the monthly candle, the Febrauary candle closes as a green candle, a good sign for me too for mid-term scenario even what happened between Ukraine and Russia.

[traderethereum]

Glad to see bitcoin back to $43k this March
It is a good start in the new month and we can hope it will still be like this and reach the high price.
But we should not feel too happy because the correction can come anytime and there is no guarantee for the price to increase.
At least, it is a good profit for those who bought bitcoin below $40k so congratulations to you all.
This sentiment can continue this month, especially if more support comes in these situations.

[Fundamentals Of]

Nothing makes the day more exciting than seeing a long green candle. I was quite surprised at how quickly $40,000 was broken and left behind. February ended with quite a bang. March now enters with a promising outlook. I guess the overall sentiment has now gone back to being bullish. I hope that this time around the $40,000 level would be sustained. $45,000 is the next target. Sustaining that as well will push the price up toward $50,000.

[adaseb]

It’s hard to say what kind of month we will have in March. There is just way too much going on.

We are going to have the first fed rate increase and it’s basically going to be a game changer if it’s 25bps or 50bps. With the war going on we are leaning more towards 25bps right now.

There is the El Salvador Bitcoin bond which is very bullish. And of course there is the WW3 talk going on how Russians are buying Bitcoin to escape sanctions.

Will be a busy month.

[Poker Player]

I have voted IDK because with so much uncertainty and instability I am quite insecure when it comes to making predictions.

Add to that the fact that last year there was a fairly broad consensus on minimum ATH that Bitcoin was going to reach, which was not met, and I think trying to guess on the price this month is quite a bit more playing guessing games than usual.

I believe anything: that due to the war the price will go down or that it will go up because due to the war a lot of people buy Bitcoin as a safe haven. Or that the price stays more or less flat.

[palle11]

The spike around the $35k area caused the price to recover a little selling at $43,700 this morning as the war in Ukraine is causing more investors to put money to bitcoin as a safer place than fiat because the banks are not letting money out as expected. This will keep bringing panic within the zone. The sanctions giving to Russia by US and EU is not leaving any stone unturned in causing economic panic in Russia.

Will be a busy month.

Surely so. The volatility of bitcoin is going to be high with the expectation of more liquidity melting into cryptocurrency and bitcoin

[kotajikikox]

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!

I voted for YES but of course I am not completely favor on that because thee might be some small fall along the way but what I wanna support is the idea that bitcoin will keep coming back to 40k and may break 50-60k once more this march.
i am still confident on that as i am keeping holding my funds since late 2021.

Glad to see bitcoin back to $43k this March
It is a good start in the new month and we can hope it will still be like this and reach the high price.
But we should not feel too happy because the correction can come anytime and there is no guarantee for the price to increase.
At least, it is a good profit for those who bought bitcoin below $40k so congratulations to you all.
This sentiment can continue this month, especially if more support comes in these situations.

Yes lets all wish and hope that this will be the beginning of the great pump and not just another movement of whales fooling people to be pumping but this will dump in the middle of the month .