Expectations for March?!

[ivankoh]

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 !!

Yes, I think some of the more specific signals would be, March while there isn't a lot of historical data in bitcoin's favor I agree we will also have pump levels and correction lows.  As for volatility, I think it's a shorter swing with more long-term holdings expected. so the scenario still looks very viable for the "green" color.  this March.  The ability to keep 22k4 will be a big point so that the possibility of price increase beyond 25k is more possible

[1714849233]

1714849233

[1714849233]

1714849233

[1714849233]

1714849233

[1714849233]

1714849233

[1714849233]

1714849233

[BobK71]

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.

In the last February, Bitcoin chart was very positive but in March it took a negative form. In the case of BTC, such a image is not unfamiliar. The tendency to be upward this week is much lower. Because many of us know that US manufacture index has reached the negative position of this month. As a result, the price of BTC has suddenly dropped. In the last seven days, BTC has decreased by about 7.6 percent and about 4.2 percent in 24 hours. Since March is showing a negative index form the start, it can be a little difficult to expect something good this month. However I hope the positive image of BTC can be seen from 3 and 4 weeks of this month.

[Pesona1]

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.

Many analysts predict that we will see sideways still occurring this March and maybe will tend to be bearish because there is still a lot of negative sentiment going on in the market, right now I think we still need to be vigilant and really patient in waiting for the right time to buy, right now the price is already $22K or down about 5% from the previous price in the range of $ 23K, this shows that if indeed the bullish that happened some time ago was not able to break through price resistance and the possibility for the price to bounce down could still occur if indeed the market conditions it doesn't get better soon, to be honest I personally hope my prediction is wrong, but it looks like bitcoin will return again to support at $21K in the near time.

[Jating]

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.

Many analysts predict that we will see sideways still occurring this March and maybe will tend to be bearish because there is still a lot of negative sentiment going on in the market, right now I think we still need to be vigilant and really patient in waiting for the right time to buy, right now the price is already $22K or down about 5% from the previous price in the range of $ 23K, this shows that if indeed the bullish that happened some time ago was not able to break through price resistance and the possibility for the price to bounce down could still occur if indeed the market conditions it doesn't get better soon, to be honest I personally hope my prediction is wrong, but it looks like bitcoin will return again to support at $21K in the near time.

Historically, March is a very bad year for us, I still remember it was the start of a bear market in 2018, all the price really going down hard in that year. Nevertheless, the price is where it should be prior to the FTX collapse that really affected us.

So still very good to be just above $22k, the price level that is neither good or bad. So we can lived with it even if we are still very much positive in the month of January-February, we are still looking for the price to really break $25k barrier, and that should be our target.

[justdimin]

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.

I am sensing that it could finally go above 25k, that's the biggest target right now. I am not saying we "will", all I am saying is that we could, and maybe that will be the expectation for march to many people. I know that it's not going to be easy, but it could finally happen and when that happens I am not expecting it to go down under 25k anytime soon neither.

If we could achieve that, then the price will go up without anyone holding for a while, might go as high as 30k, which will make it a good thing. I can't really say how much time it will require, like maybe in a week, maybe last days of the month, but I sense that it's going to probably happen this month.

[goaldigger]

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?

Recession is true and it can still happen considering the crisis in other countries, my expectation for this Month is more about corrections and we might see the bottom for Bitcoin if worst cases started to dominate the market again. You have to consider a lot of things here, Bitcoins seems to drop more on its price this Month and the whole market probably will be affected by this. Bitcoin should hold on to the price of $20k above, or else expect a big fud in the market again, don’t catch the fallen knife, its too risky for now.

[STT]

Guess March doesn't have the best track record, maybe I amalgamated it with Feb and those gains accumulating some.   A pullback is normal occurrence not entirely the negative it could be taken when viewing only in seclusion.
  Anyhow right now we have a failed breakout, we were descending then appearing to beat that.  We did not confirm the breakout but instead had reversed harshly and I see us in a lower range now, down to 21.4k as a possible support area which is about Feb 10th lows and early Jan highs.

[capedbaldy]

Historically, March is a very bad year for us, I still remember it was the start of a bear market in 2018, all the price really going down hard in that year. Nevertheless, the price is where it should be prior to the FTX collapse that really affected us.

So still very good to be just above $22k, the price level that is neither good or bad. So we can lived with it even if we are still very much positive in the month of January-February, we are still looking for the price to really break $25k barrier, and that should be our target.

Although a few years ago in March there was often a correction but there is no certainty for this year, despite the bad start of March but we have many days to recover from the market correction, so remain optimistic that we will see a high recovery soon even though it will take a few months going forward, so let's not focus on march but we have another month to hit the bull market.

[Ngewex Yuk]

As investors, of course, we hope that March will be the beginning of an awakening, if the market continues to be red, then we will wait longer and maybe many will be impatient, so they will sell at low prices, sometimes the movement of bitcoin is very wild, and hopefully this March can repeat the increase in last January.

[Smack That Ace]

As investors, of course, we hope that March will be the beginning of an awakening, if the market continues to be red, then we will wait longer and maybe many will be impatient, so they will sell at low prices, sometimes the movement of bitcoin is very wild, and hopefully this March can repeat the increase in last January.

We all know bitcoin movement is wild, so once you are an investor, always have a strategy in place for both market scenarios. I still expect bitcoin this March to continue to rise, but if things don't go as I predicted and bitcoin falls again, I'm ready. I always have a fiat reserve in case of bitcoin drops again, that would be my chance to collect more bitcoins at a low price. I firmly believe that in the future, bitcoin will definitely recover and reach a new ATH, so whether bitcoin will recover or will continue to fall, I don't worry.

[Rasa nanas]

my hope this month can only see bitcoin price stay above $25k.
talking about a recession I don't know much about what a recession is, what is certain is that a recession can have a bad impact on the world economy. I read the news that the economic situation in my country is still under control and the inflation rate is relatively low when compared to many countries. I believe in recession but I haven't felt it and don't want to feel it.

[kotajikikox]

still a roller coaster mate , expectation in march is not different from February because the market keeps being stagnant at 20k level though it breaks 25k couple of times but still falling to 22k now.

maybe this is the same at last month , 1st quarter will remain like this lol.

[|MINER|]

still a roller coaster mate , expectation in march is not different from February because the market keeps being stagnant at 20k level though it breaks 25k couple of times but still falling to 22k now.

maybe this is the same at last month , 1st quarter will remain like this lol.

It is true that the symptoms of March are very similar to those of February.  However, observing the first week in March shows that this phenomenon was observed in the second week of February. Because of these changes, I am still undecided on how the end of March is going to play out for Bitcoin. Anyway I think only after observing the second week of March will understand how the result of March is going to be.

[BobK71]

still a roller coaster mate , expectation in march is not different from February because the market keeps being stagnant at 20k level though it breaks 25k couple of times but still falling to 22k now.

maybe this is the same at last month , 1st quarter will remain like this lol.

Basically BTC is now looking towards the US where bond yields are likely to rise. Borrowing becomes more expensive if bond yields rise. As a result, any business or stock business will naturally decline. It is not possible to say in advance how much the upward movement of BTC will be possible in March. We need to wait some more time. BTC may turn bullish again if there is positive news. But I don't see anything good in March.

[ScamViruS]

still a roller coaster mate , expectation in march is not different from February because the market keeps being stagnant at 20k level though it breaks 25k couple of times but still falling to 22k now.

maybe this is the same at last month , 1st quarter will remain like this lol.

Bitcoin started the year with a healthy uptrend and relieved crypto investors. But since the end of February till now it is again a depressing and slow market condition for crypto investors.

I think the market will remain like this until next April, maybe we can see a healthy uptrend again in April. Crypto investors will take their next decision based on market conditions.

[uneng]

It has been a negative moment for bitcoin since March has started. Bitcoin is losing price since then, hiting the 22,000$ support level already, in a very sharp momentaneous crash. Although there was a recovery after that, it still looks a pretty bearish moment, which can continue pushing btc price down to lower and lower support levels. The tendency indicates pessimism among  crypto investors for now.

[Franctoshi]

Despite Fed's Jerome Powell speech today that the ultimate level of interest is likely to be higher than previously predicted, Gold reacted and dropped in price But Bitcoin had a slightly drop to $21,950 and later absorb the news, and has still not break the daily support level at $21k, this shows sign of strength and also shows that Buyers are still active in the market. It likely that the month of march Bitcoin will likely do more of consolidation.

[Yaunfitda]

Despite Fed's Jerome Powell speech today that the ultimate level of interest is likely to be higher than previously predicted, Gold reacted and dropped in price But Bitcoin had a slightly drop to $21,950 and later absorb the news, and has still not break the daily support level at $21k, this shows sign of strength and also shows that Buyers are still active in the market. It likely that the month of march Bitcoin will likely do more of consolidation.

Ok, thanks for this news, so it's most likely the cause of the sudden drop, fortunately, it is still above $22k now, so it bounce back. As we all know, every statement coming from the Fed is really going to affect any market, including gold.

Hopefully we can go back to $22,500 because that is the price prior to the announcement from Feds.

It's just a couple of hundreds of dollars and most likely we can get it thru this week.

[pooya87]

It has been a negative moment for bitcoin since March has started. Bitcoin is losing price since then, hiting the 22,000$ support level already, in a very sharp momentaneous crash. Although there was a recovery after that, it still looks a pretty bearish moment, which can continue pushing btc price down to lower and lower support levels. The tendency indicates pessimism among  crypto investors for now.

That is mostly because price failed to break $25k resistance. Usually the day traders panic sell when something like that doesn't happen, hence create this kind of drop. We are still far above the resistance so I wouldn't start talking about pessimism yet.
The other reason is of course the terrible economic situation that is going on everywhere with inflation and recession.

[Oilacris]

It has been a negative moment for bitcoin since March has started. Bitcoin is losing price since then, hiting the 22,000$ support level already, in a very sharp momentaneous crash. Although there was a recovery after that, it still looks a pretty bearish moment, which can continue pushing btc price down to lower and lower support levels. The tendency indicates pessimism among  crypto investors for now.

That is mostly because price failed to break $25k resistance. Usually the day traders panic sell when something like that doesn't happen, hence create this kind of drop. We are still far above the resistance so I wouldn't start talking about pessimism yet.
The other reason is of course the terrible economic situation that is going on everywhere with inflation and recession.

Yeah it failed and there's really a strong resistance on that level of 25k which the price had rose up for how many times and trying out to have some breakout but it did failed and eventually bumped down and goes back into lower levels but not really that much since we are still that -3000 on the current price that we do have now.Speaking about expecations for this month of March then when we do look around about fundamentals then i would say that it would really be that bearish but we know that crypto market could neither be affected or not with those things but its not bad for us to be that
prepared for whatever things that might happen because this is how this market do acts out which you should really be that versatile.