BTC Sentiment Poll for March

[Husires]

It is difficult to predict what will happen in the coming period, but we definitely will not see levels higher than 35k and less than 19k at least, according to current data. Accordingly, the price will move in this range during the next three months, rising above 30K with a visit of 20K for several times before To continue above 30K for a while.

I estimate we'll be $22,100

[AverageGlabella]

I am not confident like I was a few days ago a lot of members on the WO topic are predicting $20000. I thought once we broke the $25000 resistance we were going to increase from there as I thought $25000 would have been a good mental block for the bears to over come but I guess I was proven wrong. I predictions do not mean much because I am always wrong but I hope we can stay around 23000/24000 at the end of the month and hopefully push the 25000 resistance again in April.

[Lida93]

The market price in the month of march wouldn't make a significant difference from that of February as I don't expect it to go above 25k, based on support turning to resistance at around 32k above, I don't see it breaking above that resistance level this march. In other words we would be seeing some candlesticks fake outs or retesting around that 32k-36k zone then with a drop back to 24 or 23k within this month of march as the case may be. Except all things been equal a global economic situations occurs that stimulates the market.

[tokeweed]

So overall, I take any resistance between $30K and $40K with a pinch of salt, because compared to 2019 $6K to $8K resistance level, it looks barely significant (volume wise at least).

Thank you for giving a technical view and giving a technical analysis of what you are trying to predict. I would be surprised if we went back to 30,000 levels during the year, but anything is possible.

Your welcome! I guess for me 2019 took me by surprise, I wasn't expecting Bitcoin to get back to $6K levels let alone reach $14K, so trying to mentally prepare for that possibility this time around. First a foremost price needs to get above $25K, without that, I don't see any breaking of $30K to $40K towards $50K. As maybe price instead just stays between $15K and $25K for rest of the year due to MtGox coins getting released.

With all the negative stuff going on, it'd be a huge win for BTC and I'd imagine the rest of crypto if BTC trends up to 50k USD.  Lots of alts could go up 3x or more against BTC.  

Anyway just dropped by cos I noticed something weird...  The US session at NYSE started on a high note with lots of stocks gapping up and in the green rn.  Usually crypto follows huge moves like these but this time it didn't.  After the recent sell down, crypto is mostly stagnant.  So weird.  I feel like some shenanigans is gonna to happen this weekend.

[Woodie]

Looking at this chart suggests some bullish intentions to come from bitcoin heading towards the most probable target of 44,000 of which a reaction will happen to mitigate any sell orders and after that price should break that barrier as the will be nothing to stop it.

But bare in mind this is the monthly chart and results could take a long time to be realized, otherwise spot on OP .

It would be nice to have the weekly side by side with this chart for any short term buys..

[NeuroticFish]

I think that Q1, most of Q2 and maybe some of Q4 of this year are supposed to be bullish. But it's more a hunch than something based on hard facts.
Also the latest FUD attempts here and there looked more desperate than ever.
So yes, I think that March will end up positive. There's plenty of time to see the price rising again.

[bounceback]

It is difficult to predict what will happen in the coming period, but we definitely will not see levels higher than 35k and less than 19k at least, according to current data. Accordingly, the price will move in this range during the next three months, rising above 30K with a visit of 20K for several times before To continue above 30K for a while.

I estimate we'll be $22,100

$35k might be a bit tough area for bitcoin to break into over the next few months because if we look at this year bitcoin was only able to reach $25,239 as a February high and only briefly held there indicating that there wasn't enough impetus for bitcoin to rise past the highs in in february, entering march bitcoin has decreased by about 10% more than its peak price and currently the bitcoin price is in the $22k area so if with the current correction bitcoin is unable to maintain the price at $22k then there is a possibility we will see action simultaneous sale on the market.

[LogitechMouse]

Without the Silvergate drama, Bitcoin would've breach and surpass that $25,000 price resistance already.
I mean it already tried I think twice or thrice to go above that price, and it's on its way to go above $25,000 if not only because of the news.

So what do you guys think?  Up above 25k USD by end of March or still below it?

The previous price movement of Bitcoin during the last 2 months made me change my sentiment towards Bitcoin. I expect that it will go sideways, but will not go above $25,000, but it seems like the bulls are starting to gain momentum right now. Even though we've seen Bitcoin plunged towards the $22,000 price level, I still expect Bitcoin to go above $25,000. We still have many days left for the month of March so... yeah it might still happen because after all, it already did try.

[fuguebtc]

Without the Silvergate drama, Bitcoin would've breach and surpass that $25,000 price resistance already.
I mean it already tried I think twice or thrice to go above that price, and it's on its way to go above $25,000 if not only because of the news.

So what do you guys think?  Up above 25k USD by end of March or still below it?

The previous price movement of Bitcoin during the last 2 months made me change my sentiment towards Bitcoin. I expect that it will go sideways, but will not go above $25,000, but it seems like the bulls are starting to gain momentum right now. Even though we've seen Bitcoin plunged towards the $22,000 price level, I still expect Bitcoin to go above $25,000. We still have many days left for the month of March so... yeah it might still happen because after all, it already did try.

The market is always like that, there will always be Fuds. Despite some Fuds about Silvergate or Signature bank or news of Mt.gox releasing bitcoin on March 10th, I still believe bitcoin can still surpass $25k this March. As far as I'm concerned, this market is still manipulated, the news is just being used to legitimize a few things, so I'm really not bothered about it.
My prediction, bitcoin will continue to pump to make people believe that bitcoin has recovered and is about to enter the bull season. When everyone makes a big Fomo, that's when bitcoin will correct. This year is still bear, so don't expect too much.

[michellee]

It is difficult to predict what will happen in the coming period, but we definitely will not see levels higher than 35k and less than 19k at least, according to current data. Accordingly, the price will move in this range during the next three months, rising above 30K with a visit of 20K for several times before To continue above 30K for a while.

I estimate we'll be $22,100

$35k might be a bit tough area for bitcoin to break into over the next few months because if we look at this year bitcoin was only able to reach $25,239 as a February high and only briefly held there indicating that there wasn't enough impetus for bitcoin to rise past the highs in in february, entering march bitcoin has decreased by about 10% more than its peak price and currently the bitcoin price is in the $22k area so if with the current correction bitcoin is unable to maintain the price at $22k then there is a possibility we will see action simultaneous sale on the market.

I just hope the price doesn't go down any further and can stay at the current price. And it seems that the price is currently experiencing a slight reversal; hopefully, the price will increase again next week. Also, we are still at the beginning of March and there is still plenty of time for bitcoin to see another price increase. But we have to be prepared because there will be a lot of corrections to come in bitcoin and it is the right time to buy bitcoin again.

[bbc.reporter]

I am voting for no for this month because there is a rumor that the SEC has sent wells notices on many projects' founders telling them that they will be charged for selling and distributing illegal securities. I am not certain what projects, however, according to Bankless podcasts much of the Defi projects founded under American jurisdiction might have received wells notices.

This rumor if it becomes news, this might cause a dump on the whole cryptospace including bitcoin. I am quite aware that bitcoin cannot be charged of anything but the actions of the SEC will create fear on markets of the cryptospace.

[GreatArkansas]

The first week of March is extremely bloody for Bitcoin right now. But I am still positive that Bitcoin will recover from the recent dump because just like what happened in February last month first to the second week, we saw also huge dumps but after that, it followed a correction and pump upward.
So for me, as long as we are staying above $20,000, I am positive and have no worries at all.

[SirLancelot]

I'm one of those who voted No,

- market seems to be losing it's bullishness, we had like 4-5% slump in the last 24 hours.
- I want to be bullish, but seems to be that maybe the buyers are really pressure right now

But let's see, hope I'm wrong, (although majority of my predictions are wrong anyway  ). 

I feel bullish in the first and second days of march but on this 3rd day, I think that bullishness have declined a little when I read your comment because after it I also check the price and see that it was now under $23k. This is not good even though the decline isn't too much as this may still signal that we are losing the momentum that we are recently building. How many times you have made your predictions?

Maybe you only did like 2 and 3 of them but if you did it a lot of times, I am sure that some of those are correct or close to being accurate but it was great that you did not stop even if you fail before. You will soon be good at it.

[FanEagle]

To be fair most of us said the same thing for last month as well and unfortunately we were wrong, I am saying yes to this one as well, and eventually we will be right, it can't stay under 25k for far too long, it will eventually get better one day or another.

I know it is not a good thing to just focus on this, but we need to figure out a way to make a profitable approach eventually which means it will require us to be above 25k. I think this month is as likely as any other month before, and we got pretty close so far, I am sensing that it should be getting a bit closer eventually, and then surpass that level too, it shouldn't be this much of a trouble.

[Yatsan]

The first week of March is extremely bloody for Bitcoin right now. But I am still positive that Bitcoin will recover from the recent dump because just like what happened in February last month first to the second week, we saw also huge dumps but after that, it followed a correction and pump upward.
So for me, as long as we are staying above $20,000, I am positive and have no worries at all.

Its market value is more likely to roam around $22k to $25k especially if there will be no strong reason for a trend either up or downtrend. Just like the recent uprise wherein a correction suddenly increase. On my end, we may see a bullrun next year, months before the anticipated Bitcoin fork. Right now, there could be no other reason for such thing to occur. There could be factors to alter this such as legality of Bitcoin in US which is somewhat making a noise on the past few days. As we all know, there are many factors affecting the demand towarda this industry in general which makes crypto prices unpredictable. So if you can endure market dumps, investing at this point would be a good idea but if not, atleast wait for a better trend line to appear in the market before engaging into it.

[EarnOnVictor]

No one could 100% ascertain what Bitcoin would do in March, but it's still bearish in its short-term disposition on some timeframes. However, the barrier level of $25k is crucial to the coin at this moment and it would be gambling in nature if anyone says such would be broken or not in March. My speculation on it on this subject is neutral.

Though I still believe that if the coin maintains a bearish tone till mid-March, it would be highly unlikely for it to break the level this month.

[ivankoh]

I am still bullish on the possibility of bitcoin surpassing $25k in March. Although market history has not supported the inflow of money into bitcoin in March, bitcoin has always produced surprises. Volatility and restraining pressure from highly leveraged market makers may make bitcoin weaker but by no means lose momentum. Bitcoin has been flat for the past week and holds between $22k - 22k4$, maybe we need more observations to determine the direction bitcoin is going but Yes - I have a surprise vote in March from bitcoin.

[fzkto]

I am still bullish on the possibility of bitcoin surpassing $25k in March. Although market history has not supported the inflow of money into bitcoin in March, bitcoin has always produced surprises. Volatility and restraining pressure from highly leveraged market makers may make bitcoin weaker but by no means lose momentum. Bitcoin has been flat for the past week and holds between $22k - 22k4$, maybe we need more observations to determine the direction bitcoin is going but Yes - I have a surprise vote in March from bitcoin.

In March, the story of the payment of stolen bitcoins from the Mt Gox exchange will begin. The amount is not very big, but it's not small either - about 144k bitcoins. I think this will play a role in the fact that bitcoin might be in sideways movement in March. But if investors don't sell these coins, then I think we should see a green light. Although it's been almost a third of March and nothing good has happened.

[DOH!]

Personally I think there are many events that may or may not reverse the bullish trend for bitcoin to break through the major resistance at $25k, seemingly waiting for a response of
1. Silvergate
2. Mtgox
3. CPI  US February
4. FED adjusts interest rates.  
Therefore, volatility will be fast but I guess the up/down won't be much.  Therefore, I think bitcoin is likely to cross $25k for the third time this year but it will close at 23k5 in march.  Probably not

[Baofeng]

Personally I think there are many events that may or may not reverse the bullish trend for bitcoin to break through the major resistance at $25k, seemingly waiting for a response of
1. Silvergate
2. Mtgox
3. CPI  US February
4. FED adjusts interest rates.  
Therefore, volatility will be fast but I guess the up/down won't be much.  Therefore, I think bitcoin is likely to cross $25k for the third time this year but it will close at 23k5 in march.  Probably not

It could be, but if I may add:

1. Silvergate - I think the issue or the effect of this news has subsided already, yes it did put a dent, but not that much, we are still above $20k, $22,500 as of this writing.
2. Mt. Gox - I'm still on the fence if this will really be a big factor for this month or even for the next 6 months as it supposedly be paying out
3. CPI - For March, we will have to see, and just like the other CPI, if there is a pivot then it will be good for us, if the numbers goes up, maybe we can go down again, but it's not going to be like for a month, maybe a week and that's it, buyers be like buying again
4. FED - same with with I mentioned above, it's all about the numbers

$25k will still be the our biggest barrier that we need to break, but with the current might, it might be difficult again. So I expect some kind of sideway pattern until we have a break out run.