Price guess for March

[Adbitco]

One that thing that baffles me mostly is bitcoin price predictions it doesn't go as you attached feelings on it rather it goes beyond what you think, well it's not arguably that the price most at times are being driven by forces or news, besides could likely be affected by traders.
But one thing I sense here is that bitcoin may likely remains at the range of 25k before March came to an end and wouldn't trade above 24k to $32k before this ends.

[DOH!]

I think there will be real difficulties in March for bitcoin.  Past data has largely not supported bitcoin's strong upside move but there were exceptional years like March (2021) and March (2022) when bitcoin had an impressive green wick.  so maybe bitcoin will hold this scenario.  March 14 (US CPI announcement) and March 23 (Fed announced interest rate adjustment) are events that can be of great interest and are likely to affect the likely scenarios.

[Sir Legend]

Since March 1, the market has seen it difficult to go up and has even fallen by more than 4%, we will wait at least until March 15 whether the price can go up to the level of $ 24k or drop below $ 20k, if the market can touch $ 24k again then there is hope for March can rise like last January.

[doomloop]

Until now, $25,000 is still strong. Attempts at it are still rejected. If there were successful moments, those are also very quick. The price can't seem to grab of it for a long while. Now it seems even $24,000 is also turning into a resistant. For the past week, the price could only get near it but can't penetrate it.

But March has just entered. Anything can still happen. There are good news and bad news around, although the negative sentiment of having possible stricter regulations following the collapse of FTX and the possible release of Mt. Gox funds could cause some damage.

A few hours back, Bitcoin dropped straight from $23,400+ to $21,900+, a big red candle right on our face after opening the chart. Though it has covered a little bit already, is at $23,300 by the time of writing this post, but I believe this isn't really a good sign and this is exactly what I expected.

I heard that this was due to the liquidation of Bitcoin long positions worth about $1.2b, I'm not sure if that's true or just a rumor though. And I think it's not done yet. We will definitely see a lower price than this and this will happen soon before it goes toward $25k.

[_BlackStar]

Since March 1, the market has seen it difficult to go up and has even fallen by more than 4%, we will wait at least until March 15 whether the price can go up to the level of $ 24k or drop below $ 20k, if the market can touch $ 24k again then there is hope for March can rise like last January.

Unsure of what would happen next, the market was filled with indecision after bitcoin was unable to hold on to $25K. It's possible that the price will go lower and test the new support, but I don't know because I can't say anything for sure at the moment either.

If during February the $23k support is expected to be very strong, then during March $21K is expected to hold. Some say that March isn't the best month to expect prices to rise, but March tends to seem like a month for dips.

[|MINER|]

In March, is Bitcoin going above $25000, going back to or going below $20000?

I think we have to observe this first week of March to know the whole month of March or its status. Specially, I think that after being under 17k for a long time, Bitcoin is going to take a little break in the first week of March, just like the second week of February after a continuous pump since last January. Still, some things should be taken into account that Between 21k to 23K should have a strong resistance. Then let's see what happens in March, I'm optimistic about March, I don't think it will be that bad again.

[RealMalatesta]

I think it wouldn't be really as much as people make it out to be. First of all we are going to see most of them want to get back in, because why not make a good return of your investment with something that both gives you a staking reward but also goes up itself?

I mean the savings account in a bank gives you a return too, maybe even more in some cases, but doesn't go up itself at the same time, in this case ETH goes up AND gives you more ETH at the same time, it is an investment that is amazing, so many will want to go back in. Secondly, even if there were, we are talking about hundreds of millions of dollars worth of bitcoin mined every single day, and it can still go up, so should ETH as well.

I agree with you, I do not think that this would really be big enough to actually change the price. It will be fine, and there will of course be some people who will sell, and that's not a good thing for the market obviously and it would hamper the increase in price. I am not against any of that, but that alone itself is not big enough to actually crash the market, not even by a mile.

I think the best thing to do right now would be to make sure that it is going to end up with a good return eventually and that should be more than enough, give people their money back and let them sell if they want to and we will be fine afterwards when the day comes.

[erep]

I think we have to observe this first week of March to know the whole month of March or its status. Specially, I think that after being under 17k for a long time, Bitcoin is going to take a little break in the first week of March, just like the second week of February after a continuous pump since last January. Still, some things should be taken into account that Between 21k to 23K should have a strong resistance. Then let's see what happens in March, I'm optimistic about March, I don't think it will be that bad again.

The price review for March cannot be used as a benchmark for the first week, even though there was a high correction at the beginning of March but there is a possibility of price recovery at the end of March, but the price resistance of 22k is no longer expected and will soon touch 21k after recovering from the previous high, I hope never to see prices below 20k again and hope Q2 will see a recovery higher.

[Johnyz]

Since March 1, the market has seen it difficult to go up and has even fallen by more than 4%, we will wait at least until March 15 whether the price can go up to the level of $ 24k or drop below $ 20k, if the market can touch $ 24k again then there is hope for March can rise like last January.

There’s a lot of uncertainty with the Bitcoin price right now though it holds a strong support at the level of $22k, the price can still drop but let’s hope that the support are stronger now or else we might end this first quarter of 2023 at a price lower than $20k which is another threat for the possible bull market this year, let’s stay positive for this Month and see how the market is going and where it is heading.

[capedbaldy]

There’s a lot of uncertainty with the Bitcoin price right now though it holds a strong support at the level of $22k, the price can still drop but let’s hope that the support are stronger now or else we might end this first quarter of 2023 at a price lower than $20k which is another threat for the possible bull market this year, let’s stay positive for this Month and see how the market is going and where it is heading.

I believe the market price will rise again at the end of the first quarter, we don't need to worry too much about market resistance because any increase there will inevitably be resistance because some sellers sell short term profits, but they don't realize that buyers are currently thinking about profits for several years going forward, the halving is the hope for a big increase soon in this year or early next year, hopefully we will see a significant increase later in the year.

[fuguebtc]

I think there will be real difficulties in March for bitcoin.  Past data has largely not supported bitcoin's strong upside move but there were exceptional years like March (2021) and March (2022) when bitcoin had an impressive green wick.  so maybe bitcoin will hold this scenario.  March 14 (US CPI announcement) and March 23 (Fed announced interest rate adjustment) are events that can be of great interest and are likely to affect the likely scenarios.

Many predict the Fed will raise interest rates by 0.5% instead of 0.25% as previously predicted because the recent indicators have not been as expected and showed that inflation is returning. But I believe interest rates won't affect bitcoin too much anymore, I remember the last Fed rate hike in 2002 also didn't cause bitcoin price movement. But this is not good for the global economy and will make it difficult for bitcoin to do well this year. I don't know if this news will affect bitcoin but I still believe bitcoin will hit $25k this month.

[Odusko]

One that thing that baffles me mostly is bitcoin price predictions it doesn't go as you attached feelings on it rather it goes beyond what you think, well it's not arguably that the price most at times are being driven by forces or news, besides could likely be affected by traders.
But one thing I sense here is that bitcoin may likely remain in the range of 25k before March came to an end and wouldn't trade above 24k to $32k before this ends.

$22,000 to 23,000 have become the strongest resistant price for Bitcoin in the season and just like what happened in February where Bitcoin did not make any significant price movement to rolling around the price benchmark of January which was around this same price range, it may become speculatively right but not proven that Bitcoin may not touxh the $25k price range in this March.
Whatever price breakout in an uptrend direction we may expect will start from April-June, within this period a lot of price movement is expected but as of now, Bitcoin will continue to stabilize around the 20k-23k+ region

[Joshapat]

Of course, we hope that March can be like last 2021 because it increased significantly, my prediction that February will touch $ 25k turned out to be wrong, instead the market looks declining and is currently in a position of $ 22k, but I'm sure that in March the price will be able to touch at least $ 28k Or so, many experts believe a big surprise is imminent in March now.

[kotajikikox]

25k has been broken before the month ends but suddenly did not manage to stay that high instead it remains under in which 23k till now.
I am ready to what will happen .

If the price drops below 20k again? then I will buy more as i have standby amount for this occasion .

If the price grows above 25k? then i will wait till 30-35k then I'll consider selling .

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

sad to see it maintaining 22k when there are lots of things in positive deeds now.

[bbc.reporter]

I think there will be real difficulties in March for bitcoin.  Past data has largely not supported bitcoin's strong upside move but there were exceptional years like March (2021) and March (2022) when bitcoin had an impressive green wick.  so maybe bitcoin will hold this scenario.  March 14 (US CPI announcement) and March 23 (Fed announced interest rate adjustment) are events that can be of great interest and are likely to affect the likely scenarios.

Many predict the Fed will raise interest rates by 0.5% instead of 0.25% as previously predicted because the recent indicators have not been as expected and showed that inflation is returning. But I believe interest rates won't affect bitcoin too much anymore, I remember the last Fed rate hike in 2002 also didn't cause bitcoin price movement. But this is not good for the global economy and will make it difficult for bitcoin to do well this year. I don't know if this news will affect bitcoin but I still believe bitcoin will hit $25k this month.

I speculate that this Binance fud will be the cause of bitcoin's difficulty of pumping to more than $25k. It presently has the attention of American senators from both the Republican and the Democratic party. This might imply the summoning of Binance employees in America for questioning and there might be a crackdown on binance.us.

There is also a rumor that the SEC has sent wells notices to many founders and development teams of altcoin and Defi projects.



US Senators representing both Democrats and Republicans are demanding that Binance and Binance.US provide a detailed accounting of their finances and efforts to maintain regulatory compliance, according to a letter signed by Senators Elizabeth Warren, Chris Van Hollen and Roger Marshall.

The senators’ letter cited “investigations into criminal sanctions evasion, money laundering conspiracy, unlicensed money transmission, questions about its financial health, and increased scrutiny over its intentionally ‘opaque corporate structure.'"

Source https://www.bloomberg.com/news/articles/2023-03-02/binance-accused-of-illegal-activity-by-us-senators-warren-van-hollen-marshall

[irhact]

I think there will be real difficulties in March for bitcoin.  Past data has largely not supported bitcoin's strong upside move but there were exceptional years like March (2021) and March (2022) when bitcoin had an impressive green wick.  so maybe bitcoin will hold this scenario.  March 14 (US CPI announcement) and March 23 (Fed announced interest rate adjustment) are events that can be of great interest and are likely to affect the likely scenarios.

Since March 2021 and 2022 were positively good for the price of Bitcoin, don't you think this trend will continue and 2023 will be positive as well. I don't see any negative news in the air of recent so there's nothing that can push the price down which means any moment now the price could jump to $25k and form there the bullish momentum kicks in and take the price above $30k.

Regards of the short term movement of the market, I'm still bullish for the year since we'll be having the halving occasion in just few months time and people are looking to accumulate much Bitcoin as possible so they'll be among the beneficial of the price gain of Bitcoin during and after the block halving.

[Hallroom]

The price of Bitcoin has fallen significantly in March.  Meanwhile looking at January February March we see that 25k was touched. But as March approached, Bitcoin took a step lower. Many believe that the price of Bitcoin may fall a little more. And from June - July the price of Bitcoin will start increasing. Once the market goes down, it takes a long time to recover.

[19Nov16]

The price of Bitcoin has fallen significantly in March.  Meanwhile looking at January February March we see that 25k was touched. But as March approached, Bitcoin took a step lower. Many believe that the price of Bitcoin may fall a little more. And from June - July the price of Bitcoin will start increasing. Once the market goes down, it takes a long time to recover.

This month is a measure of whether this year the market will rise or red again, many analysts draw conclusions in the first 3 months, and most of their predictions are true, as I have seen in 2018 to 2022, the important thing is vigilant and never lag behind the latest information Because many things can happen.

[michellee]

The price of Bitcoin has fallen significantly in March.  Meanwhile looking at January February March we see that 25k was touched. But as March approached, Bitcoin took a step lower. Many believe that the price of Bitcoin may fall a little more. And from June - July the price of Bitcoin will start increasing. Once the market goes down, it takes a long time to recover.

This month is a measure of whether this year the market will rise or red again, many analysts draw conclusions in the first 3 months, and most of their predictions are true, as I have seen in 2018 to 2022, the important thing is vigilant and never lag behind the latest information Because many things can happen.

And we are already in the first 3 months where the bitcoin price has not been able to penetrate higher. But yesterday, we saw the price increase to $24k and almost touched $25k. And now, bitcoin is back down to $22k and still trying to hold on not to fall any further. We can hope that this month bitcoin will still be stable at that figure but we can also hope that there will be a price reversal that can make bitcoin return to $23k-$24k and even pass $25k.

If that happens, maybe in the following months, there will be even more rapid price movement and maybe there will also be a pump and dump going on. And it's true that we must stay alert to everything that could happen so we can use the moment to our advantage.

[SquallLeonhart]

I speculate that this Binance fud will be the cause of bitcoin's difficulty of pumping to more than $25k. It presently has the attention of American senators from both the Republican and the Democratic party. This might imply the summoning of Binance employees in America for questioning and there might be a crackdown on binance.us.

There is also a rumor that the SEC has sent wells notices to many founders and development teams of altcoin and Defi projects.

They can do whatever they want to Binance, and in the end they do not have any power over CRYPTO itself, they could do anything to Binance they want, that's just one company and the worst ever thing they could do would be to binance.us, and not the real binance neither. They have coinbase to work with and Kraken as well so Americans will keep on using exchanges and will keep on investing into bitcoin, and us government can't stop that right now.

I like the defi part though, they need to crack down on some projects who aim at only making the dev richer, and do not care about the investors, that could be something very well for everyone involved.