Price guess for March

[Oshosondy]

Bitcoin increased very significantly in January which we all expected, but the much increase from $16500 to $24000 made some people to think that February is going to be less volatile but which might still be a little bit bullish, surprisingly that that was what happened in February as bitcoin increase further but not getting further than $25,250. People expected $25000 to be a strong resistant price because it was when bitcoin falled below it since last year in August.

So what next in March?
In March, is Bitcoin going above $25000, going back to or going below $20000?
In the last 4 cycle bull bear period, bitcoin later still fall below an unexpected price again which was significantly low. Bitcoin may still increase further, but after the increment, can it later fall below $17000 again?


Also we have 2023 price guess and it continues: Bitcoin price guess, 2023

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[Davian144]

So what next in March?
In March, is Bitcoin going above $25000, going back to or going below $20000?
In the last 4 cycle bull bear period, bitcoin later still fall below an unexpected price again which was significantly low. Bitcoin may still increase further, but after the increment, can it later fall below $17000 again?

Today Bitcoin had touched the price of $24K even if only briefly and I think that in this month it is still very possible for Bitcoin to pass $25K again even though there is always a correction after an increase occurs. Because as long as bad news no longer affects many people and many Bitcoin holders, it will be easier for Bitcoin price recovery to occur, although not in a short time.

Because upgrading slowly but having stronger resilience will always be better than upgrading in an instant but not having long endurance in Bitcoin. Well, in this month I have more faith in an increase in the price of Bitcoin than a decrease in the price to the bottom area although it is still possible to happen.

[Eternad]

The monthly candle for February turns into a huge indecision candle when you view the price chart in monthly time frame. This kind of candle show a strong trend reversal  against the current rally since buyers is losing confidence to buy more above 25K.

I believe the price will be below 20K or above 26K since this month will be decision time for the next price direction for Bitcoin. I highly believe that price will dump this March and the strong opening of the monthly candle is a clear sign that there will be a sell off soon.

[hugeblack]

You can participate in this challenge to guess the price ----> https://bitcointalk.org/index.php?topic=5441704.0
The strange thing is that the last month's guess was made yesterday, and a large percentage of the guesses were closer to the real price (the difference between more than 10 responses was 500 dollars from the real price), which means that we have reached the bear market, where the price behavior can be easily predicted.

Therefore, the closing of next week and the middle of the month will determine the price, although I do not expect large increases

[skarais]

Therefore, the closing of next week and the middle of the month will determine the price, although I do not expect large increases

I wouldn't be surprised if bitcoin price didn't break $25k in March, but of course people are hoping it will increases.
Right now I am tend to believe that over the course of March the bitcoin price corrected, but that won't allow that $20k support to be broken. March is a month that is not expected to be quite supportive of price increases, but nevertheless we never know how the trend changes and it shouldn't always be the same.

I don't really care about the odds up or down, but if they are not long term investor then they should consider setting cut losses to not lose out.

[salad daging]

I think that estimates are Bitcoin to rise to $25,000 because the price is still quite surviving below now but about any surprise can occur in Bitcoin and can even be lower than that maybe some will assume it is impossible to fall to the bottom of $17,000 but for me anything can happen But in this period it might be able to penetrate the above resistance where many people want Bitcoin to be much better than the month before it.

I do not know whether this will be reversed in the direction of the redemption or look at the cycle in the previous year, remaining on my estimation Bitcoin can be more than $25,000 in March, the more will be a correction and Bitcoin goes back down after reaching high prices this month.

[Falconer]

Even though most people can expect bitcoin price to increase during March, but please don't ignore this one.

I read the news that The Block posted a while ago, and may soon change some perspective on the potential March price. Only I don't expect it to be FUD, but of course the market will be affected by it.

Here's the news: Mt. Gox creditors may finally start seeing their bitcoins this month

Mt. Gox creditors may start seeing their first bitcoin payments this month as the window for repayments is set to open.

Creditors are expected to receive early repayments from March 10 onward, while the deadline for such payments to be completed is September 30, according to a January statement. This is for the first tranche of repayments — including early lump sum payments and intermediate payments — with further amounts set to come later.

“Well, for myself, I had pretty much written off the Bitcoin I still had on Mt. Gox in 2014 as a loss, so philosophically anything I get back now is a bonus to cold store,” said Blockstream CEO Adam Back, who is a Mt. Gox creditor, via Telegram.

“It has stretched on for many more years than anyone expected, and so it will be welcome I am sure by any creditors to finally get paid,” he added.

[Nrcewker]

March will be really crucial for the Bitcoin’s future for the coming year. If Bitcoins anyhow manages to touch 30k usd, then definitely we will see a new all time high price. Moreover this year it is predicted that Bitcoins will touch the ATH. Bitcoins follow the 4 year pattern graph and this year it has to go up. So like February, if March also start with green candles, then it will be a celebration for the Bitcoin holders. Bitcoins just need to break the resistance and come out of this 25k usd price segment. Let’s not become more greedy and hope for the best.

[o48o]

I haven't made up my mind yet, this feels like start of the bull, but at the same time i feel it needs more time for people to accumulate before the fomo and parabolic move kicks in. Like maybe 4-5 months until charts get really heated. And i am totally going with feeling based analysis. At this moment it's as reliable as most of the TA in charts i've seen.

[Dickiy]

Bitcoin increased very significantly in January which we all expected, but the much increase from $16500 to $24000 made some people to think that February is going to be less volatile but which might still be a little bit bullish, surprisingly that that was what happened in February as bitcoin increase further but not getting further than $25,250. People expected $25000 to be a strong resistant price because it was when bitcoin falled below it since last year in August.

So what next in March?
In March, is Bitcoin going above $25000, going back to or going below $20000?
In the last 4 cycle bull bear period, bitcoin later still fall below an unexpected price again which was significantly low. Bitcoin may still increase further, but after the increment, can it later fall below $17000 again?

We might be able to achieve that in March with the strength that was brought from January and February and then the previous CPI report also didn't really affect bitcoin so far, but right now there's a lot of SEC action rocking the crypto world from the regulatory speculation they're bringing, so maybe there are still many investors who are postponing their money and looking for a down opportunity when something happens to the crypto market, I think if all these problems are over and running quietly maybe bitcoin will grow faster in price like at the beginning of the year.
But if it drops back below $20k I'm not sure because so far $22k has been a pretty strong downside wall.

[Baofeng]

I think we are closer to hit $25k this month as oppose to getting to $20k. I mean we are still very much in the bullish state, and when the price goes down below $23k, we immediately see a lot of buyers pushing it back to $24k and above.

Not just enough push to $25k though, but I'm still very positive that we can reach this barrier again and then we see how it goes. Whether we can maintain it and even pushes more to $26k. Or speculators selling at this price point again.

[KennyR]

Based on the positive things happening around the market we've got more chances of price reaching $25k. Last month too the price crossed $25k, but it wasn't able to stay over it for long. $25k seems to be a price barrier that needs to be crossed to reach next levels of price.

There is not much of momentum to push the price of bitcoin. For this reason the price is moving between $23k and $25k. Maybe this can continue through the month with bitcoin crossing $25k at times and falling back.

[Yaunfitda]

Yeah, I do agree with the majority, I mean we did touch $25k several times if I'm not mistaken, it's that it quickly evaporated as everyone is making a profit and selling at the price. But in any case, it's a barrier that we are going to break again and again and maybe we got lucky this March that once we breach it, we can have a sustain rally up to $28k. So my guess for this March is $25k or higher, and it might be achievable in the last 2-3 weeks of this month.

[rodskee]

still struggling to stay above 25k because after getting to that yet it goes down again and now staying at 23k https://coinmarketcap.com/currencies/bitcoin/ so Maybe I will stay looking for at least 25k this march and if lucky then we can have at least 30k and that would be enough for me to sell out for a while.

[Xcode7]

Based on the positive things happening around the market we've got more chances of price reaching $25k. Last month too the price crossed $25k, but it wasn't able to stay over it for long. $25k seems to be a price barrier that needs to be crossed to reach next levels of price.

There is not much of momentum to push the price of bitcoin. For this reason the price is moving between $23k and $25k. Maybe this can continue through the month with bitcoin crossing $25k at times and falling back.

it seems so, if you look at the price movements that have occurred since the beginning of the year there have been no significant price changes that have occurred, everything has happened slowly, but at the beginning of March the Bitcoin price experienced a positive spike even though it was only misguided and then a correction that was not too deep.
I think Bitcoin price in March is still at $23k - $24k
past $25k is very possible but I don't think it will last long, and to get below $20k I don't think it will and I really hope for price stability to wait for a big spike.

[yhiaali3]

It is clear that 25,000$ is a very strong resistance that Bitcoin could not overcome during the last period except with difficulty and for a short period. Now it appears that the sellers are still stronger so far, so we may need a purchase amount of about a billion to breach 25,500$.

There was a lot of improvement and optimism at the end of January and the beginning of February, but it seems that it is difficult for Bitcoin to surpass the 25k$ number in the month of March. But despite all that, I will maintain my optimism, perhaps we will exceed this number.

[crwth]

We have stayed for so long in this range that it has somewhat of an "eerie" feeling that it will increase in price in the long run. Since I'm biased, it has come to this that it will go up because that's how I want it to go, but that is generally feeling.

Generally, it will stay in the same range,$22k - $24k, and will go up in the coming months.

[Reatim]

Based on the positive things happening around the market we've got more chances of price reaching $25k. Last month too the price crossed $25k, but it wasn't able to stay over it for long. $25k seems to be a price barrier that needs to be crossed to reach next levels of price.

maybe we will take it now? the chance of not staying at 25k above will be taken this March?
somehow it is only a time and trust that we need before earning what we deserve.

There is not much of momentum to push the price of bitcoin. For this reason the price is moving between $23k and $25k. Maybe this can continue through the month with bitcoin crossing $25k at times and falling back.

Momentum is always there , what bitcoin needs is our complete support , we knew that all of us are aware of this is a way of supply and demand but the problem is that we are not following the trend instead we are selling once the price starts to grow.

[bbc.reporter]

Even though most people can expect bitcoin price to increase during March, but please don't ignore this one.

I read the news that The Block posted a while ago, and may soon change some perspective on the potential March price. Only I don't expect it to be FUD, but of course the market will be affected by it.

Here's the news: Mt. Gox creditors may finally start seeing their bitcoins this month

Mt. Gox creditors may start seeing their first bitcoin payments this month as the window for repayments is set to open.

Creditors are expected to receive early repayments from March 10 onward, while the deadline for such payments to be completed is September 30, according to a January statement. This is for the first tranche of repayments — including early lump sum payments and intermediate payments — with further amounts set to come later.

“Well, for myself, I had pretty much written off the Bitcoin I still had on Mt. Gox in 2014 as a loss, so philosophically anything I get back now is a bonus to cold store,” said Blockstream CEO Adam Back, who is a Mt. Gox creditor, via Telegram.

“It has stretched on for many more years than anyone expected, and so it will be welcome I am sure by any creditors to finally get paid,” he added.

If the news is not FUD, the skeptical me is also thinking that because of the timing of MtGox repayments, there might be people who want the market to dump. This is also not the only bad timing. Ethereum's Shanghai update will be on March also. It would be head shaking if they will be scheduled only 1 week apart hehehe.



Ether’s (ETH) price action is expected to be “cautious” until the Ethereum blockchain’s Shanghai upgrade, due later this month, as the market is concerned about a supply overhang, Bernstein said in a research report Wednesday.

The Shanghai fork will allow ether that has been staked and is now locked to be withdrawn for the first time.

Source https://www.coindesk.com/markets/2023/03/01/ether-supply-impact-from-the-shanghai-upgrade-is-limited-bernstein/

[ethereumhunter]

Finally, bitcoin returned to the $23k level after increasing to $24k. I can't guess or analyze how bitcoin will move this March because I feel it will still go up and down as it is now. And it could be that the movement will be more sideways in March without any significant increase or decrease. But that could all change after mid-March or at the end of March and hopefully after this, the movement will pick up even higher.

We still expect bitcoin to reach $25k but we must wait and be patient. And it's better for us just to be prepared for whatever happens this month while continuing to accumulate bitcoins.