Price guess for March

[indah rezqi]

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.

Most traders tend to panic about the outstanding FUD issues including the Binance and Mt. Gox. I'm not really worried about it, that's the honest thing I want to say. But it cannot be changed, the market is always influenced by supply and demand and FUD often causes corrections over time. As a result, March took my portfolio and that of most others down, but of course it's not the end.

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.

Consider DCA if you want to invest during these market conditions, I think it should be a good choice instead of a lump sum.
But you can also watch how it moves, but try to ignore the correction and hold with it through March. I believe the market will do better in the next month, there is some optimism about that.

[michellee]

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.

Most traders tend to panic about the outstanding FUD issues including the Binance and Mt. Gox. I'm not really worried about it, that's the honest thing I want to say. But it cannot be changed, the market is always influenced by supply and demand and FUD often causes corrections over time. As a result, March took my portfolio and that of most others down, but of course it's not the end.

They really need to reduce their panic so they can adapt to the situation that is about to occur. If not, how can they take advantage of the opportunity to buy at a low price if the price drops deeper? I'm sure you're not the only ones who have experienced a decline in their portfolios. However many people, including myself, have also experienced it, but I'm still fine and can still handle panic or be calm in dealing with it.

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.

Consider DCA if you want to invest during these market conditions, I think it should be a good choice instead of a lump sum.
But you can also watch how it moves, but try to ignore the correction and hold with it through March. I believe the market will do better in the next month, there is some optimism about that.

I've been doing DCA since the price was $16k yesterday and still doing it. For this March, I'm still optimistic even though I realize that the market hasn't changed much but we hope to see it increase in April, where Q1 has ended and been replaced by Q2. And the market also still has many opportunities to make a reversal and as long as the reversal has not occurred, we must use it to our advantage. That can provide a big advantage for us later.

[STT]

BTC still keeping the same gradient of decline roughly since mid Feb, not breaking that trend or especially motivated downwards or able to break upwards.   Its a pullback but hardly an excessively negative move overall.


March 3rd was a Friday and with that large trade down, we have largely gone sideways and a decline with the trend is still not significant enough to note.  Lots of dojis, this is really not my favorite kind of move for BTC but its not too uncommon for a drift or skid sideways to happen and I count it negatively till we arrest the lack of direction.

[Macadonian]

I think we will break $25,000 and be around $26,000 at the end of March which should help us make the push for $38,500 next month. If we can get past $38,500 I think we could go a run and I have hopeful because the halving will start appearing in the news and that should increase the hype and fomo.

[wxa7115]

I think we will break $25,000 and be around $26,000 at the end of March which should help us make the push for $38,500 next month. If we can get past $38,500 I think we could go a run and I have hopeful because the halving will start appearing in the news and that should increase the hype and fomo.

While I do not believe we may see 25000 by the end of March, this is a prediction that could still happen, but 38500 at the end of April? That is surely impossible, the hype for the halving is nowhere near high enough to come anywhere close to that price.

And if you make some movements thinking this is a price it could be reached then most likely you will lose your money, so I would recommend that you think more deeply about your prediction as those numbers really seem unreachable to me.

[Captain Corporate]

This type of little drops definitely makes people question the future, specially short term future. Which means that March could be a "bad" month if it keeps going like this and I am pretty sure that its not going to happen anytime soon neither. I know that March may end up not being a good month if we see this type of results, but I am pretty sure that we are not going to end up with just full on bad month, I think we are going to recover when the time comes, we still have three whole weeks for that and it should be growing very soon, I think next week a good increase will start that sees us above 24k again.

[bitzizzix]

I think we will break $25,000 and be around $26,000 at the end of March which should help us make the push for $38,500 next month. If we can get past $38,500 I think we could go a run and I have hopeful because the halving will start appearing in the news and that should increase the hype and fomo.

Hopefully what you mentioned will come true even though there are doubts for me, but we must remain positive and optimistic about what is happening to the movement of bitcoin.
It seems that March is not a good month for crypto markets including bitcoin, and what happens sometimes is not what is expected because changes can occur due to several factors that we do not know before.
and the fall of the crypto market including bitcoin was caused by a number of things that made many new investors feel doubtful and worried about some of the things that were going on and also some taking profits because of panic and several other factors.
and I expect the market to remain sideways around 21k to 25k in price by the end of March, and for smart investors this dip is an opportunity to accumulate it and hold it for the long haul.

[Joshapat]

Unfortunately the price has been hard to go up since February, this week the price drop is around 8% and the chance to fall again is below $20k, with this fact it seems hard to see the price will recover in 2023, in fact I have set a target of a highest price of only $35k , and this March it looks like the price will be the same as the last week of February which is in the range of $ 21k - $ 24k.

[posi]

Unfortunately the price has been hard to go up since February, this week the price drop is around 8% and the chance to fall again is below $20k, with this fact it seems hard to see the price will recover in 2023, in fact I have set a target of a highest price of only $35k , and this March it looks like the price will be the same as the last week of February which is in the range of $ 21k - $ 24k.

I see it as lucky for us, if bitcoin continues to rise, then I will have no problem as I have accumulated quite a bit of bitcoin in 2022 but if bitcoin drops to $20k again, that's another chance for me to keep accumulating more bitcoins.

To be honest, with the world economic situation still not making progress and we are more than a year away from halving, it is too early to expect bitcoin to recover and increase in price this year. Instead, we should be realistic that this year is still a bear year, and it is more suitable for accumulation.

[Pejoh Asu]

I think we will break $25,000 and be around $26,000 at the end of March which should help us make the push for $38,500 next month. If we can get past $38,500 I think we could go a run and I have hopeful because the halving will start appearing in the news and that should increase the hype and fomo.

We hope so, investors just need proof that bitcoin can pass $25k and then continue to rise, they will panic buy because they believe a bull run is imminent, for us of course this is a good opportunity to continue buying before it gets more expensive, don't let time pass and cheap prices are not used to buy.

[_act_]

We hope so, investors just need proof that bitcoin can pass $25k and then continue to rise, they will panic buy because they believe a bull run is imminent, for us of course this is a good opportunity to continue buying before it gets more expensive, don't let time pass and cheap prices are not used to buy.

If we can remember when bitcoin dropped in many months ago from over $30000 below $25000, bitcoin has not increased above $25000 to 26000 after that time, only what we know was that bitcoin decreased more. Bitcoin has a resistance at $25000 and if not gone above to like $26200, the price may not increase above $30000. This month of march has started already, some people may be expecting increase in bitcoin price, but only decrease is what we saw, bitcoin even got below $20000 today and now still below $20000.

[KingsDen]

We hope so, investors just need proof that bitcoin can pass $25k and then continue to rise, they will panic buy because they believe a bull run is imminent, for us of course this is a good opportunity to continue buying before it gets more expensive, don't let time pass and cheap prices are not used to buy.

If we can remember when bitcoin dropped in many months ago from over $30000 below $25000, bitcoin has not increased above $25000 to 26000 after that time, only what we know was that bitcoin decreased more. Bitcoin has a resistance at $25000 and if not gone above to like $26200, the price may not increase above $30000. This month of march has started already, some people may be expecting increase in bitcoin price, but only decrease is what we saw, bitcoin even got below $20000 today and now still below $20000.

I have no option than to believe you when you say that bitcoin has formed a resistance at 25000 dollars.
When this topic was newly created many people we are guessing that bitcoin will make 30000 dollars and above in the month of March because the month started very well with signs of green but today bitcoin is back to below 20000 dollars.

All we should understand is that we are still in the buy circle. Inflation and many other economic downturn is affecting bitcoin market. And it may continue like this till the next bitcoin halving.

[fadhilz123]

I think we will break $25,000 and be around $26,000 at the end of March which should help us make the push for $38,500 next month. If we can get past $38,500 I think we could go a run and I have hopeful because the halving will start appearing in the news and that should increase the hype and fomo.

Now the price is also very close to $ 25K again and that could be reached today if the increase can continue. I'm a little surprised to see the increase in the price of Bitcoin that happened today because in just one day Bitcoin can increase more than 18%, and that is really very extraordinary because the increase today is a win for those who bought Bitcoin at $ 20 K in the past few days.

We hope so, investors just need proof that bitcoin can pass $25k and then continue to rise, they will panic buy because they believe a bull run is imminent, for us of course this is a good opportunity to continue buying before it gets more expensive, don't let time pass and cheap prices are not used to buy.

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

[Falconer]

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

While I'm also happy for this pump, at least stock investing is very bullish right now. I had buying opportunities on the dips, apparently only twice during price swings between $22K to $19.5K. Of course this is a strategy I have considered for a long time, but I am not in the mood to sell on the bulls today because ultimately I believe strongly in the longer term projection.

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

[salad daging]

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

While I'm also happy for this pump, at least stock investing is very bullish right now. I had buying opportunities on the dips, apparently only twice during price swings between $22K to $19.5K. Of course this is a strategy I have considered for a long time, but I am not in the mood to sell on the bulls today because ultimately I believe strongly in the longer term projection.

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

At the same time, I took the opportunity to buy bitcoin at a price of $21,000, then when it fell below $20,000 I bought it again to make the next entry and the results were quite satisfactory, indeed the price of bitcoin recovered at $24,000 after a lot of rumors about FUD, now it is estimated that it can survive likely to touch $25,000 in March.

For traders, maybe this is a very fast profit in bitcoin because in a short time bitcoin is able to go up again, well, whoever has taken this profit, they are quite sure of bitcoin, but like me, I can only try to keep holding it until the price is really high in the next year, or much longer to accumulate.

[STT]

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper.  Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

[samcrypto]

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper.  Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

We drop during the first week of March but then after this, we are now trading at the price of $24k instantly, so its really hard to see the whole trend this Month but if we are able to break $25k, then we might see the price of $27k at the end of the Month which I totally believe is possible to happen considering its volume right now, its pretty solid.

[serjent05]

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

While I'm also happy for this pump, at least stock investing is very bullish right now. I had buying opportunities on the dips, apparently only twice during price swings between $22K to $19.5K. Of course this is a strategy I have considered for a long time, but I am not in the mood to sell on the bulls today because ultimately I believe strongly in the longer term projection.

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

At the same time, I took the opportunity to buy bitcoin at a price of $21,000, then when it fell below $20,000 I bought it again to make the next entry and the results were quite satisfactory, indeed the price of bitcoin recovered at $24,000 after a lot of rumors about FUD, now it is estimated that it can survive likely to touch $25,000 in March.

I also think that the price of Bitcoin will likely to touch $25k this March.  I believe that the negative effect that made Bitcoin to plummet to sub $20k recently had already pass and now Bitcoin is about to recover and this recovery may bring a bullish sentiment to the market that can help BTC price to touch $25k.

For traders, maybe this is a very fast profit in bitcoin because in a short time bitcoin is able to go up again, well, whoever has taken this profit, they are quite sure of bitcoin, but like me, I can only try to keep holding it until the price is really high in the next year, or much longer to accumulate.

Yeah for those who are able to buy when bitcoin price goes down to $19k+  a fast profit indeed since Bitcoin is now trading in $24k+ that is a 38%+ profit in just a matter of a few days.

[Baofeng]

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper.  Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

We drop during the first week of March but then after this, we are now trading at the price of $24k instantly, so its really hard to see the whole trend this Month but if we are able to break $25k, then we might see the price of $27k at the end of the Month which I totally believe is possible to happen considering its volume right now, its pretty solid.

We have to wait, (crossing our fingers), waking out to see the price again on the verge of breaking $25k. But after a few hours, it's on the lows of $24k, still though plenty of time for us for this March. And when we thought that this could be another bad March month, turns out to be some good rally and again, who knows, maybe we can finally go at $25k and be that support line. Of course, when we had 2 digits rally point, there could be some good news. And it was about the US Reserves says that they are going to inject liquidity to the US market. And this is going to be a relieved as it will have a domino effect and we have seen it already as traditional financial markets had good rally today as well.

And here is the official statement from the US agencies: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm

[STT]

Good break of a downtrend, justifies the size of the move some but also we move to close the daily bar under resistance today.   So it needs to deal with this level now and positively to be convincing in being able to surpass our previous action in this area.   We could just repeat to put it simply:


Last week closing bar was also a hammer candle which is usually considered very bullish, so alignment on multiple fronts.   The capstone to all aspirations currently is the iceberg overhead 25.5k roughly, if it trades past their consistently buy it for its strength to do so.  Some inversely will now want to sell with that idea as a backstop.