Expectations for March?!

[Franctoshi]

From the Technical points of view Bitcoin faced a 50 weekly moving average resistance at $25k and since then has been unable to break pass that level since this month, which means the resistance is likely to be respected. As we can't break this level of resistance and the month is ending today, if we close below $23k this February, technically march could be a slightly pull back month for Bitcoin, maybe between the first week to second week, to visit the $21k zone again before gearing up for a move to the upper side.

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[carlfebz2]

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?

I dont consider for it to be a dumping in price which would range up from 2-3k price decrease which it is actually could be considered as a normal day here on crypto space and something not really that shocking.

As for March then im not really that trying out to believe if there would be some pumps and dumps.I would really be making myself versatile as much as possible which i could make out buying or selling decisions

on shortest time as possible on which there's no specific or fixed targets and it would really be on point but of course it would really be depending on someones approach on how they
would gonna deal with this very volatile market.

[Emitdama]

Regardless of whether March is not so great to expect price hikes, in reality we still don't know.
I just don't think you should worry enough about short term price volatility because basically not everyone expects short term gains. Even if bitcoin can break below the $20K support, then that will only give long term traders and investors an opportunity to get one more dip to buy.

Just invest and hold on brother, it is one of the best options to prepare yourself for good benefits in the long term. I have had this belief from the start, and it should be shared by other users as well.

I agree that it is not going to be based on the previous years, just because March was good or bad, doesn't mean it will stay good or bad. I have seen plenty of times when things changed, even that chart alone shows one month being great one year and not so great next year.

This is why I think it is important to take what is happening right now into consideration before we could go on. In any case, I believe that it is going to be pretty tough to overlook the fact that we have gone up decently, forced to backdown a bit, and we are going to keep trying to go higher more and more. Obviously it is not going to work for the quick term or anything, but it could probably work a bit better long term.

[Fundamentals Of]

-snip-

I do not think that we are at that "make or break" level just yet. Even though I believe that we are going to break above 25k during march, I also think that even if we fail to do that, we are not going to suddenly start dumping neither, it is going to be fine and we are going to do fine. We just need to make sure that we could handle all of this in the long run by making the price stable, if we can achieve that then we should be going higher just fine when the time  comes.

However, if we fail to make it stable, then whenever it fails to go up, it will go down like you said and that's not good for us, it takes time to recover from that. We need to try at 25k then go back to 23k and keep doing that.

Rejection could sometimes be hard. Although repeated attempts at $25,000 would probably weaken it over time and it will finally collapse, any rejection could also deal a heavy blow. It is very possible that a failure to capture $25,000 could mean a correction that goes all the way to $22,000 or below.

-snip-

A classic of technical analysis. 50/50. Either up or down.

It's funny but true. If your predictions are not open to other possibilities, you will definitely end up a failure. You will sound like McAfee. I guess there's no analyst who insists on a certain prediction as the only way Bitcoin would definitely take and anything else is not possible.

[bitterguy28]

I thought it is a poll but yeah it is about expectation and mine ? I expect that at least the unfinish business of Bitcoin last February to break 30k will happen , this is a pending movement as the 25k barricade had already broken and only a matter of time and support to hit 30 once again.
but I don't wanna look for too much as there a things that unexpected and which can ruin our desire to earn.

A classic of technical analysis. 50/50. Either up or down.

it may or may not of course but at least this is a safe expectation lol.

But it seems to me that the 25k resistance will be broken sooner or later,

maybe you missed the market checking couple of times mate?

25k had been broken several times but did not manage to maintain that level.

this is what according to CMC

30d Low / 30d High   $21,460.09   /    $25,134.12

https://coinmarketcap.com/currencies/bitcoin/

[btc_angela]

Regardless of whether March is not so great to expect price hikes, in reality we still don't know.
I just don't think you should worry enough about short term price volatility because basically not everyone expects short term gains. Even if bitcoin can break below the $20K support, then that will only give long term traders and investors an opportunity to get one more dip to buy.

Just invest and hold on brother, it is one of the best options to prepare yourself for good benefits in the long term. I have had this belief from the start, and it should be shared by other users as well.

I agree that it is not going to be based on the previous years, just because March was good or bad, doesn't mean it will stay good or bad. I have seen plenty of times when things changed, even that chart alone shows one month being great one year and not so great next year.

It's really hard to see any pattern, I agree. It's like no one see the future and know what is gong to happen for March. We will just have to base everything on pure speculation or what we are seeing in the market right now.

This is why I think it is important to take what is happening right now into consideration before we could go on. In any case, I believe that it is going to be pretty tough to overlook the fact that we have gone up decently, forced to backdown a bit, and we are going to keep trying to go higher more and more. Obviously it is not going to work for the quick term or anything, but it could probably work a bit better long term.

So far though, market remains to be bullish, we have seen the price dropping significantly and we always recover from those bout of suddenly free fall. Now we are still above $23k which is a good indication that we are still very much bullish for this month.

[DOH!]

So far though, market remains to be bullish, we have seen the price dropping significantly and we always recover from those bout of suddenly free fall. Now we are still above $23k which is a good indication that we are still very much bullish for this month.

I also believe that the market divergence in February is consistent with a minor correction which is an important characteristic to continue to expect a higher rally.  Bitcoin opened the February candle from 23k125 and promptly closed the candle at 23k141.  This really makes a lot of sense to believe that bitcoin will soon break the 25k threshold very soon, the hodler continues to hold on to the long-term trend.  Perhaps there is no need to continue showing an impressive recovery like January but overall the market gives extremely optimistic signals.

[gunhell16]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

[TravelMug]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

Let's say $24k might be the easiest target for March and this could be our goal first. $25k has so much resistance that it's hard to breach it and then sort of stay along for even a day or two.

Of course there are going to be individuals who want to squeeze some money whenever they can, scalpers or day traders. But it's more difficult though, unless you are a experience trader. For the majority of us, it's better to just invest and buy whenever we can and be a holder.

[CageMabok]

I also believe that the market divergence in February is consistent with a minor correction which is an important characteristic to continue to expect a higher rally.  Bitcoin opened the February candle from 23k125 and promptly closed the candle at 23k141.  This really makes a lot of sense to believe that bitcoin will soon break the 25k threshold very soon, the hodler continues to hold on to the long-term trend.  Perhaps there is no need to continue showing an impressive recovery like January but overall the market gives extremely optimistic signals.

Today Bitcoin has also shown a slight recovery from $23K to $23,800 which almost touched $24K. And that could also be a good sign for Bitcoin holders in the long term as price recovery is yet to come this month and in general the year will look better for those who are sticking to Bitcoin. I also still feel very optimistic about continuing to hold Bitcoin and will not be selling it in the near future even if Bitcoin can penetrate $25K again this month.

[fzkto]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

It's a good investment plan to buy bitcoin with spare cash, especially now that the price is still at the bottom. If you are a long-term investor, it does not matter to you whether bitcoin is worth 20k or 25k now. Surely in a few years, after the halving, when inflation is almost gone, it will be a completely different amount.

[aoluain]

Traditionally March hasnt been the best "green" month for Bitcoin.



https://twitter.com/relai_app/status/1554144928959270912

Personally I think March will be similar to February, we might have some price pumps
but wont be anything substantial, still a bit early for the Bulls, but they are coming !!

Regardless of whether March is not so great to expect price hikes, in reality we still don't know.
I just don't think you should worry enough about short term price volatility because basically not everyone expects short term gains. Even if bitcoin can break below the $20K support, then that will only give long term traders and investors an opportunity to get one more dip to buy.

Just invest and hold on brother, it is one of the best options to prepare yourself for good benefits in the long term. I have had this belief from the start, and it should be shared by other users as well.

Just invest and hold on is indeed a sound plan at this current time. The thread
is already full of speculation but in the end the question was what does each of us
expect for March.

If we expect a green March best buy now
If we expect a red March best buy now

As regards dipping below $20k, its possible but $25k again is also possible.
Personally I wont be holding out to buy below $20.

[sana54210]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

It's a good investment plan to buy bitcoin with spare cash, especially now that the price is still at the bottom. If you are a long-term investor, it does not matter to you whether bitcoin is worth 20k or 25k now. Surely in a few years, after the halving, when inflation is almost gone, it will be a completely different amount.

I believe that forcing yourself to live a bit of a frugal life, cutting costs wherever you can, and then putting it in crypto during this period is very important thing to do. I can't really say that it would be the best thing to do, of course there are situations where you would have to spend more, or you could feel mentally unhappy so maybe spending some by going out or having a few drinks with friends and all could make you feel better, but at the end of the day it would be limited and not common.

I suggest doing that, and buying right now when it's at the bottom, but keep doing that afterwards too, just accumulate as much bitcoin as you possibly can for decades.

[ScamViruS]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

It's a good investment plan to buy bitcoin with spare cash, especially now that the price is still at the bottom. If you are a long-term investor, it does not matter to you whether bitcoin is worth 20k or 25k now. Surely in a few years, after the halving, when inflation is almost gone, it will be a completely different amount.

Buying Bitcoin now is definitely a good idea as a good investment, and market trends prove it every time. We may not see Bitcoin at this price in the future, as Bitcoin is already in its uptrend. And if any investor starts investing in Bitcoin then he continues to invest in favor of the market.

[Mahanton]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

It's a good investment plan to buy bitcoin with spare cash, especially now that the price is still at the bottom. If you are a long-term investor, it does not matter to you whether bitcoin is worth 20k or 25k now. Surely in a few years, after the halving, when inflation is almost gone, it will be a completely different amount.

Buying Bitcoin now is definitely a good idea as a good investment, and market trends prove it every time. We may not see Bitcoin at this price in the future, as Bitcoin is already in its uptrend. And if any investor starts investing in Bitcoin then he continues to invest in favor of the market.

If you are going for long term then anytime would be always the best time on accumulating bitcoin since the price isnt really that high but if you are an investor or trader who do really mind off about getting profits on short term basis then you would really be that mindful in towards your actions.Speaking about monthly closes and opening then im not really that mindful because we cant really be sure if there would be some news or events which would really causes up for the price whether to increase or crash and this is why it doesnt really give out assurance.The key on here is that you should really
make yourself that versatile for whatever things that you might encountered ahead.

[Fakhrulenclix]

Beginning in March we again saw a good movement from Bitcoin, there was a significant positive surge, the price of Bitcoin reached $ 24k even though after that there was a correction that occurred but not too deep but we continued to happen then it was a good sign, and I think that if there is nothing big, it is likely that the price of Bitcoin will be stable without any significant price shift.

Buying Bitcoin now is definitely a good idea as a good investment, and market trends prove it every time. We may not see Bitcoin at this price in the future, as Bitcoin is already in its uptrend. And if any investor starts investing in Bitcoin then he continues to invest in favor of the market.

That's true, since the beginning of the year the price of Bitcoin has continued to move in a positive direction slowly and now it is likely that the trend will continue.
I am sure that in the near future the price will pass $ 25k so therefore of course I agree to buy Bitcoin at this time.
And even I think if for the long term at any time is the right time to enter buying Bitcoin, it all returns to the beliefs of each person towards the future of Bitcoin.

[Edwardard]

Beginning in March we again saw a good movement from Bitcoin, there was a significant positive surge, the price of Bitcoin reached $ 24k even though after that there was a correction that occurred but not too deep but we continued to happen then it was a good sign, and I think that if there is nothing big, it is likely that the price of Bitcoin will be stable without any significant price shift.

The price did touch 24k yesterday but wasnt able to sustain and got a sharp fall back to around 23.3k overnight. This phase is getting a bit difficult to predict now
However I will wait for it to break under 22.7k or above 24.3k to make any one sided decision.
Side note: Yeah, I did lose quite some money on that chop yesterday, but nevermind.

[michellee]

In March, I think Bitcoin can increase to $ 25K or even more but the price can also go back down to under $ 23K. The market trend at the end of February shows a downward movement after the price of Bitcoin is unable to increase again and like there is something that inhibits Bitcoin from increasing and being at $ 24K.

Yes, this is our goal: $25k or more this March. We had the opportunities to see this price, but speculators are selling. Now we are still under $24k and the resistance is $25k

And we are already in March but it looks like the price is back down a bit after hitting a price above it. So we must be more patient and shouldn't complain because it's only time for bitcoin to start rising high. And if we look closer, it seems the price will have a sideway in early March, but that is just speculation and better to analyze for more.

But it will all change and Bitcoin will have more opportunities to increase. Meanwhile, I am still waiting, seeing where the market will move, and trying to buy Bitcoin.

We will wait for a positive news though. The market is not moving at all, $22k-23k range, and that's why if we wanted to see $25k, there should be like good news from US or something that will turn the market again to be very bullish.

If a lot of positive news comes out this month, it will push the price to increase immediately. It is possible that it can immediately make the price reach $ 30k even though the market will experience another correction after that. The movement of bitcoin is becoming increasingly erratic and difficult to predict. Even though we have analyzed it properly, we could be wrong because the movements have become wilder.

[fuguebtc]

In the first place, I did not expect anything of Bitcoin's price value in the market. What matters to me now is that I can gather bitcoin gradually somehow, as long as I have the opportunity to save up while Bitcoin has not begun to rise gradually.

Maybe I think the resistance to the graph can move the price between 22k$ -25k$ and its value is possible and, likely, scalpers will often play here in the crypto space.

It's a good investment plan to buy bitcoin with spare cash, especially now that the price is still at the bottom. If you are a long-term investor, it does not matter to you whether bitcoin is worth 20k or 25k now. Surely in a few years, after the halving, when inflation is almost gone, it will be a completely different amount.

Even if bitcoin is above 25k, it's worth buying, I still DCA monthly and I won't mind bitcoin price as long as its price is still lower than old ATH, its still worth buying. Regarding this March bitcoin price prediction, I still believe that bitcoin will continue to rise, and maybe 26k-27k is the level bitcoin can reach before the correction. Bitcoin price has increased for more than 2 months without any correction, I believe it may be time for it to correct, we can't expect it to increase continuously.

[tygeade]

Beginning in March we again saw a good movement from Bitcoin, there was a significant positive surge, the price of Bitcoin reached $ 24k even though after that there was a correction that occurred but not too deep but we continued to happen then it was a good sign, and I think that if there is nothing big, it is likely that the price of Bitcoin will be stable without any significant price shift.

The price did touch 24k yesterday but wasnt able to sustain and got a sharp fall back to around 23.3k overnight. This phase is getting a bit difficult to predict now
However I will wait for it to break under 22.7k or above 24.3k to make any one sided decision.
Side note: Yeah, I did lose quite some money on that chop yesterday, but nevermind.

I think it is basically just an up and down based on how we try to go above 25k and fail. So, right now prediction is "simple" in the sense that it will go up, and then it will go down, and that's how it is going to be for a long time.

Either we will break above 25k, in which case it will be great for all of us, but if it fails to do that then we are going to end up going to 24k and a bit above, and then down under 23.5k and that type of movement will repeat itself until we move above 25k as well. That's the good thing about crypto, you do not need to know the exact price, just know the movement and the direction it is taking and you could be making a profit from it.