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Author Topic: Expectations for March?!  (Read 840 times)
Kodok Bencot
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March 18, 2023, 01:32:46 PM
 #121

The bitcoin price movement was pretty much a roller coaster ride in a range for the whole feb. Despite the bad CPI data from the US, the price jumped from 22k to 25k and even above. And after all that, we still got 25bps rate hike (instead of a 50bps), but the price reacted opposite again and dumped (from 25k to current price of ~23k).
Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?
Btc is now above 25k$ we are in the middle of march so i think if bitcoin will continue to rise it will go above 30k$ so march is good starting point to invest, if we buy bitcoin today at 27k$ we will earn a huge amount when it rise back to 60k$, however we still need to set a limit market is always unstable so be careful.

Right, buying now is a good decision and making us profit no doubt that in 2023 the price will set a new price record what we do is keep buying and when the price reaches $60k then stop it maybe it's time to sell some and we switch to stable coins if the bad condition occurs again.
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March 18, 2023, 03:07:55 PM
 #122

Of course, many are happy with the current market conditions, the price rises fantastically and becomes the start of a bull run, with this fact, of course, I will never doubt or panic again when the price drops, I will make Bitcoin a long-term asset so I will continue to buy.

I regret that I once sold it at a low price, which was under $ 20k, now I will focus on buying before the price is more expensive.
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March 18, 2023, 06:28:04 PM
 #123

Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?
By the looks of it we are going up a decent amount, I am really hoping to end this month with 30k+ price finally breached after so many months. People have been hopeless and upset with the price for over a year now, and we are getting close to anniversary of Luna situation as well which was the first domino that started to see us drop to a very low price, we were already not doing great but then we crashed.

I hope that we can see 30k soon and 40k later on because that would at least give people some attention and love. I know that not many people will end up getting a lot of attention these days but we should be hoping for a better return later on.
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March 18, 2023, 08:19:32 PM
 #124

I’m not sure if any of us expected such a bullish month in March. We have some real trouble in banking worldwide right now yet honey badger doesn’t seem to care one bit. We continue to pump despite unfavourable conditions in world markets.

This is what bitcoin was made for, it was born out of the 2008 world recession crash. Satoshi designed a perfect asset.

Hopefully we continue to pump whilst the rest of the world struggles.

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March 19, 2023, 04:51:29 AM
 #125

I’m not sure if any of us expected such a bullish month in March. We have some real trouble in banking worldwide right now yet honey badger doesn’t seem to care one bit. We continue to pump despite unfavourable conditions in world markets.

This is what bitcoin was made for, it was born out of the 2008 world recession crash. Satoshi designed a perfect asset.

Hopefully we continue to pump whilst the rest of the world struggles.

As we can see, so much attention has been paid to Bitcoin recently that many institutional and corporate investors have entered the market. this shows the great interest in Bitcoin as a hedge asset against inflation, global pandemics and the resulting economic uncertainty could contribute to the continued adoption of Bitcoin as a safe haven asset so this year will be an interesting one.  Yes, I also have the same hope. May it keep on pumping and the world can see it clearly.

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March 19, 2023, 05:47:47 AM
 #126

The bitcoin price movement was pretty much a roller coaster ride in a range for the whole feb. Despite the bad CPI data from the US, the price jumped from 22k to 25k and even above. And after all that, we still got 25bps rate hike (instead of a 50bps), but the price reacted opposite again and dumped (from 25k to current price of ~23k).
Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?
Btc is now above 25k$ we are in the middle of march so i think if bitcoin will continue to rise it will go above 30k$ so march is good starting point to invest, if we buy bitcoin today at 27k$ we will earn a huge amount when it rise back to 60k$, however we still need to set a limit market is always unstable so be careful.
March is a month of green signals for crypto. It is still provide the good signal till the third week and if there is a good movement till next week then we can assume the market will move towards its old ATH target. So this month is a very important month. Provability is very high if the price of extreme bitcoin gets over $30k. I am confident that we will be able to see the $30K price within this month. Although the market is in a situation from which the market may again go down for little bit correction but overall most of us feel positive look of it.

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Wong Gendheng
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March 19, 2023, 06:27:23 AM
 #127

The bitcoin price movement was pretty much a roller coaster ride in a range for the whole feb. Despite the bad CPI data from the US, the price jumped from 22k to 25k and even above. And after all that, we still got 25bps rate hike (instead of a 50bps), but the price reacted opposite again and dumped (from 25k to current price of ~23k).
Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?
Btc is now above 25k$ we are in the middle of march so i think if bitcoin will continue to rise it will go above 30k$ so march is good starting point to invest, if we buy bitcoin today at 27k$ we will earn a huge amount when it rise back to 60k$, however we still need to set a limit market is always unstable so be careful.

If previously we were hesitant to buy let alone the number of FUDS that said that prices will continue to fall, now prices continue to rise and are likely to continue to rise so that we immediately buy the opportunity to get big profits, don't delay anymore because the market will move quickly, many experts Convinced that in 2023 it would pass ATH that had occurred in 2021.
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March 19, 2023, 07:49:09 AM
 #128

are we always indoctrinated about the things that are reported, when they say recession it turns out the economy is recovering, and people sometimes feel annoyed because they feel lied to, regardless of whether it's true or not, I think we ourselves have to pay attention to that.
so i think price for btc in march will rise until june.

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March 24, 2023, 02:24:32 AM
 #129

After yesterday the price skyrocketed by almost 20% then in March I'm sure I can return to $ 30k soon, maybe the price will last a long time at $ 30k but slowly it will continue to rise and I think March is the beginning of the market exploding, and I don't hesitate anymore to keep buying before it gets worse expensive.
do you truly buy ? and how come that you understand bitcoin will staying 30k? because even good prediction people cannot tell how the price will increase that sooner.
though i believe in bitcoin capacity , yet I don't think this is a best interest to believe that much now.
March is our hope that the market will rise, I'm sure the surprise that happened 2 days ago when the price rose more than 15% in a day is the beginning of many surprises that will happen in March, no doubt if it's March I'm sure that the price will touch $30k after nearly a year of under $30k.
why March? there is Ber months meaning either September to December is mostly the season to bring hype.
are we always indoctrinated about the things that are reported, when they say recession it turns out the economy is recovering, and people sometimes feel annoyed because they feel lied to, regardless of whether it's true or not, I think we ourselves have to pay attention to that.
so i think price for btc in march will rise until june.

simple answer? "Your Money. Your responsibility" that's it.

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March 30, 2023, 05:26:13 PM
 #130

are we always indoctrinated about the things that are reported, when they say recession it turns out the economy is recovering, and people sometimes feel annoyed because they feel lied to, regardless of whether it's true or not, I think we ourselves have to pay attention to that.
so i think price for btc in march will rise until june.
Yes, bro, everything has to be reset by itself, don't fully believe in good news, whether it's good news or bad news. However, global economic conditions, such as recession problems or the volatility of traditional currencies, also greatly affect the price of bitcoin. In essence, the increase in the price of Bitcoin is influenced by many factors, therefore you need to reset yourself before deciding to buy bitcoin.

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March 30, 2023, 08:19:49 PM
Last edit: June 11, 2023, 11:18:02 PM by STT
 #131

 Someone in the comments for this data points out, what is the worth of winning a bet against a default scenario if the payout is in Dollar currency possibly massively undermined by the failure scenario.


Not that I think that happens, this month or maybe ever but absolute default as a fear is easily jet fuel for BTC and a reason why a search for alternative assets exists amongst other reasons.   BTC always to do better then I expect but this kind of ongoing failure is part of why I think.

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March 30, 2023, 09:14:03 PM
 #132

Not that I think that happens, this month or maybe ever but absolute default as a fear is easily jet fuel for BTC and a reason why a search for alternative assets exists amongst other reasons.   BTC always to do better then I expect but this kind of ongoing failure is part of why I think.

And it's not that we wanted to have this bank run or bank crisis, we don't. But if that happened and it did we have seen the worst and there could be more in the next couple of months and governments will have to bail them out. If this happens then BTC will always be the logical choice for smart investors or even average joe like most of us here in the community.

Again, as I have been pointing out, the resistance level is $28,500. We really need to break that in order to go up next month. And I would say that we have a breakout run already and if it continues then it is bullish for now and might reclaim that level again and can close this month with green candle which is a strong bullish sign.

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March 31, 2023, 02:07:33 AM
 #133

are we always indoctrinated about the things that are reported, when they say recession it turns out the economy is recovering, and people sometimes feel annoyed because they feel lied to, regardless of whether it's true or not, I think we ourselves have to pay attention to that.
so i think price for btc in march will rise until june.
Well in our end though, regardless of where we live in or what country we are, recessions will always be  there specially right after the pandemic, we don't know if our government can recovered, so not sure how you feel that you are being lied to by your government.

It's about to close this month and most likely $28k is the price.

Let's not look for March though, let's look at the first 3 months of it, from our lowest low of around $15k, it seems that we have grown so much maybe 70% or more in 2023 so that is a huge gain already. So I also expect that we are going to be very bullish.

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March 31, 2023, 03:44:12 AM
 #134

The bitcoin price movement was pretty much a roller coaster ride in a range for the whole feb. Despite the bad CPI data from the US, the price jumped from 22k to 25k and even above. And after all that, we still got 25bps rate hike (instead of a 50bps), but the price reacted opposite again and dumped (from 25k to current price of ~23k).
Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?


In my opinion, a recession is always a possibility and will always be a major issue especially at this time, but in my opinion today's Investors are very smart they can always calculate, realize the potential risk of uncertainty associated with investing in cryptocurrencies because the market is known for its volatility and uncertainty besides factors that can affect its value, such as adoption rates, regulations, and market competition.

For special predictions for March regarding the price of Bitcoin or the stock market it is rather difficult, indeed what has happened throughout 2023 BTC has touched the price of $ 29K and of course there are many stories on holidays in those 2 days.

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April 07, 2023, 08:20:47 AM
 #135

The bitcoin price movement was pretty much a roller coaster ride in a range for the whole feb. Despite the bad CPI data from the US, the price jumped from 22k to 25k and even above. And after all that, we still got 25bps rate hike (instead of a 50bps), but the price reacted opposite again and dumped (from 25k to current price of ~23k).
Considering all these scenarios of feb in mind and the current weekly death cross, what are your expectations for the upcoming month? I would like to know what most of the ppl think here. Do you still believe in the word recession?


In my opinion, a recession is always a possibility and will always be a major issue especially at this time, but in my opinion today's Investors are very smart they can always calculate, realize the potential risk of uncertainty associated with investing in cryptocurrencies because the market is known for its volatility and uncertainty besides factors that can affect its value, such as adoption rates, regulations, and market competition.

For special predictions for March regarding the price of Bitcoin or the stock market it is rather difficult, indeed what has happened throughout 2023 BTC has touched the price of $ 29K and of course there are many stories on holidays in those 2 days.
Everyone also knows that this year is still considered a year of world crisis in which there has been no significant change so that the crisis situation can change for the better. with the economic crisis there will also be a world recession which will obviously affect all elements, including crypto, of course. but in March there was still a very good change from bitcoin which was from the beginning at $ 23K and at the end of March it became $ 28K. however, this increase cannot be a guarantee that it will continue to increase because once again the crisis has not changed and it is certain that it will not have a good effect either.

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April 07, 2023, 03:29:51 PM
 #136

Until now the achievement of march is better than april, usually when there is an increase at the beginning of the year then in april the price will skyrocket, unfortunately this has not happened and hopefully the remaining time in april can make bitcoin skyrocket again.
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