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Author Topic: Bitcoin can do 30k$ this month?  (Read 1220 times)
EdenHazard
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March 17, 2023, 11:45:19 PM
 #41

Bitcoin was in a downtrend for long, which means that the current price levels are not representing a fair price anymore. We will see if downtrend is reversed and we can return to normal levels 30-40k

Bitcoin has gong up breaking its long bearish trend. Right now it's on 26k and speculations are that it may go to 30k from here on. TBH I have seen bitcoin going up and down in past and based on my analysis there is no way we can predict future price of bitcoin. Its best to buy bitcoin when it's down and then wait for bullish season. Just stop following news that bitcoin is going to moon next week.
The resistance broken few days ago and pretty standard for everyone to straight expecting this monentum to get through the next line at $30k before we are attempting for the new ath next year after the galving occured , i just warn everybody as well as the free fall could happened though after this.

Beware just beware , i knew it ... the freefall awaits ahead at the end of the day.

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March 17, 2023, 11:54:07 PM
 #42

Bitcoin can pump 30k or down again 20K
Either.
You'll always get that answer for asking if bitcoin is going to be up or down by the end of the month. Volatility is gonna give the idea that it's always like that.
We don't have accurate answers for it but by looking at the charts now, it's very positive that we might see close or exact $30k by the end of this month.
 But just to be safe with our expectations, always think of the possibility that it may go down again as it always does.

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March 17, 2023, 11:59:19 PM
 #43

Bitcoin can pump 30k or down again 20K
Either.
You'll always get that answer for asking if bitcoin is going to be up or down by the end of the month. Volatility is gonna give the idea that it's always like that.
We don't have accurate answers for it but by looking at the charts now, it's very positive that we might see close or exact $30k by the end of this month.
 But just to be safe with our expectations, always think of the possibility that it may go down again as it always does.
The market is very positive and could reach $30k at the earliest. The price have crossed $27k and close to $28k. This looks like the market to fluctuate within the limits for some time period and moves forward or downwards further.

Market expectations are for bullish move, but we can't be sure about the changes happening around. Based on the halving scheduled for the upcoming year we can't expect big growth to happen now. What we experience seems to be the regular growth with fluctuation.

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March 18, 2023, 01:56:36 AM
 #44

Last night, the price of Bitcoin is at around $26,000. By the time I woke up, the price of it already reached $27,500.
A huge spike in just a few hours.

RSI currently is on the overbought territory already. It's only one indicator, but I guess we will see a bit of a correction in the next few days after this massive pump. I guess it's always a positive sign for the cryptocurrency market whenever the FED is printing money right? Cheesy They just printed money because of what happened to SVB, and now we are seeing Bitcoin pumping.

As for Bitcoin reaching $30,000 this month, we are at the mid of the month and still have at least 2 weeks before the month ends. Maybe it will, but for that to happen, there must be some catalyst/s that will make the price of Bitcoin pump (maybe the FED Press Conference). I don't know what it is, but Bitcoin will not reach $30,000 if there are no reasons at all.

 
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March 18, 2023, 02:43:18 AM
 #45

Last night, the price of Bitcoin is at around $26,000. By the time I woke up, the price of it already reached $27,500.
A huge spike in just a few hours.

RSI currently is on the overbought territory already. It's only one indicator, but I guess we will see a bit of a correction in the next few days after this massive pump. I guess it's always a positive sign for the cryptocurrency market whenever the FED is printing money right? Cheesy They just printed money because of what happened to SVB, and now we are seeing Bitcoin pumping.

As for Bitcoin reaching $30,000 this month, we are at the mid of the month and still have at least 2 weeks before the month ends. Maybe it will, but for that to happen, there must be some catalyst/s that will make the price of Bitcoin pump (maybe the FED Press Conference). I don't know what it is, but Bitcoin will not reach $30,000 if there are no reasons at all.

Anything can happen even for no reason. Recall what happened earlier this year when bitcoin suddenly surged from $19k to $23k for no reason, and then it continued to move around this area for a while before breaking through past 27 thousand dollars today.
Regarding the Fed, I see many economists making optimistic predictions that they will only raise rates by 25 points, and if that happens will be the catalyst for bitcoin to conquer the $ 30k mark. Bitcoin is like that, unpredictable and can be pumped at any time.

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March 18, 2023, 03:30:20 AM
 #46

Bitcoin can pump 30k or down again 20K
Either.
You'll always get that answer for asking if bitcoin is going to be up or down by the end of the month. Volatility is gonna give the idea that it's always like that.
We don't have accurate answers for it but by looking at the charts now, it's very positive that we might see close or exact $30k by the end of this month.
 But just to be safe with our expectations, always think of the possibility that it may go down again as it always does.
Predicting the price of bitcoin has always been a challenge but lately this has become even more difficult, we had a difficult start and then when it seemed things could become extremely bearish the market sentiment changed again and now it is extremely bullish, and now we are close to break through the 28k resistance level, and if that happens then the chances of surpassing 30k seem high enough for me, taking into account how much time we have left before the month of March ends.
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March 18, 2023, 08:05:02 AM
 #47



It is not unusual for Bitcoin to hit 30k in March. Bitcoin Price We are just nearing a bull market and Bitcoin price could be dumping from here. It totally depends on the investors that the more the investment, the higher the price of Bitcoin will increase. Bitcoin price is very unlikely to go down now.

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March 18, 2023, 08:32:37 AM
 #48

Bitcoin can pump 30k or down again 20K
Either.
You'll always get that answer for asking if bitcoin is going to be up or down by the end of the month. Volatility is gonna give the idea that it's always like that.
We don't have accurate answers for it but by looking at the charts now, it's very positive that we might see close or exact $30k by the end of this month.
 But just to be safe with our expectations, always think of the possibility that it may go down again as it always does.
Predicting the price of bitcoin has always been a challenge but lately this has become even more difficult, we had a difficult start and then when it seemed things could become extremely bearish the market sentiment changed again and now it is extremely bullish, and now we are close to break through the 28k resistance level, and if that happens then the chances of surpassing 30k seem high enough for me, taking into account how much time we have left before the month of March ends.

The market is bullish, and of course, everyone expects bitcoin to hit $30k this month, but honestly, no one knows what will happen. What we can do is prepare 2 plans for 2 scenarios, if bitcoin continues to rise, what should we do, and if not, what should we do when bitcoin drops?

I am a long term investor, and I invest 100% with my idle money, so I don't expect bitcoin to go up fast, I like bitcoin to keep falling because I want to accumulate bitcoin at low price. But if bitcoin doesn't drop, I'm still DCA, as long as the price isn't too high above my sell target.

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March 18, 2023, 08:42:04 AM
 #49

As quickly as I saw the recent highs, I became aware that once we touch any resistance level, breaking it is only a matter of time, no matter how far away that level is.
Therefore, all options are now open, especially since if we reach levels of 30,000 to 40,000 during this year, 100,000 are confirmed during the coming years (the next price cycle)

Just to see how the central platforms fare, which seem to have a lot of eyes now on them.

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March 18, 2023, 08:44:44 AM
 #50

$30K sounds good, I think it's possible if Binance will really buy $1 billion BTC as they promised. Or people will massively start buying it and avoiding banks. To be honest, I thought about $30k to, but by April or May, Don't really know about March, we have only 2 weeks now anyway.
March looks positive for cryptocurrencies. There was a provability this week that BTC would cross the $30k level very soon. At present several institutions including Binance have announced their purchases, increasing investor confidence in BTC. Although it hasn't happened yet, it is very likely to happen. The current market is slightly above $27k. It may cross $30k within this month.

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March 18, 2023, 09:01:00 AM
 #51

Hopefully, bitcoin can pump up to $30k and get a little correction, then continue pumping up to $35k Grin

For now, I see that there is a possibility that the price will continue to increase towards the $30k price, but I don't think it can be achieved soon because somehow the bitcoin price has to pass the $27k-$30k price, and that will also take time. But it looks like we have reached $27k at the moment. Even though the price may not increase fast but in the future, it will reach $30k. So take your time to withdraw profits, and if you still want to wait for a higher price, you can hold on to your bitcoins.
With the current Bitcoin phenomenon, $30K this month is an obvious one. Even when it crosses the $20K line and then wakes up we see a renaissance. Is it possible to reach the end of the month touching $30K? obviously, for Bitcoin it will be very easy. The price as I write is around $26,500 so if at the end of the month, it jumps over $30K then for April Fools it might be a bit of a shock.
Finally, bitcoin broke through $27k and still seems to be able to pass $28k. We'll see if it gets past $28k or stays where it is now, as it looks like bitcoin needs to take a break after getting a pump. Maybe this month, bitcoin really can penetrate $ 30k or even higher than the current price.

And the people who have bought bitcoin for under $27k are already starting to see how much they are making. And it's up to them when to take the profits because some people are still holding their bitcoins because their target selling price has not been reached.

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March 18, 2023, 10:26:29 AM
 #52

Big increases keep happening and makes us optimistic that $30k will be easy to achieve, many people thought if the price of $25k has been reached then it will continue to rise and now it is true, the current price is around $27k and I believe in 3 or 4 days the price can reach $30k, of course this is a strong indication that the 2023 market will rise and reach new ATH.


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Bitcoin2009
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March 18, 2023, 02:04:48 PM
 #53

Currently the price is around $27400 and this week it has increased more than 37%, I believe the price of $30k will be easy to achieve, if earlier I set a target for March the price could reach $30k but now I have no doubts to set a target price of $35k, system decentralization and strong global community support keep bitcoin's performance shining.
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March 18, 2023, 03:00:20 PM
 #54

Currently the price is around $27400 and this week it has increased more than 37%, I believe the price of $30k will be easy to achieve, if earlier I set a target for March the price could reach $30k but now I have no doubts to set a target price of $35k, system decentralization and strong global community support keep bitcoin's performance shining.

Go easy with the optimism, we first have to cross $30k before we think about $35k as you're predicting for the month of march. It's quite surprising that March has been this bullish since past history has an ugly record as the month has always been negative. I'm as bullish as everyone else but don't think we can reach $35k before the months ends.

We have a very strong resistance at $30k, everybody is looking to take profits at that price. Those that bought at the previous dips are looking to take profits and so are the daily traders. Bitcoin has to retest the $30k price multiple times before it'll be able to break that resistance and turn it to support in the months to come.

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March 18, 2023, 03:05:58 PM
 #55

I think in March the price will pass $30k, the signal is very strong because the price continues to rise and has not stopped since the fantastic increase on the 12th of March, we still have 12 days and the increase in March has reached more than 35%, of course the best thing is keep buying.
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March 18, 2023, 06:09:45 PM
 #56

Finally, bitcoin broke through $27k and still seems to be able to pass $28k. We'll see if it gets past $28k or stays where it is now, as it looks like bitcoin needs to take a break after getting a pump. Maybe this month, bitcoin really can penetrate $ 30k or even higher than the current price.

And the people who have bought bitcoin for under $27k are already starting to see how much they are making. And it's up to them when to take the profits because some people are still holding their bitcoins because their target selling price has not been reached.
Well, we have seen an increase as high as 27k+ nearly 28k, and that means that we are pretty close to 30k right now and there are still 10+ days left in the month. It means that if we have increased 30-40% in a week, why not have another huge increase coming up as well? It would definitely increase to a point where it will make sense and it will go up, but I just do not think that it would be anytime today.

Plus, if the price stays the way it is, which would be better for the long term, then I guess short term could be around here, and not even more, but if it goes up even more then long term is unknown because it could become a bit volatile.

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March 18, 2023, 06:34:02 PM
 #57

Every pullback seems to hit higher and higher lows. It seems pretty inevitable that the bitcoin price will hit 30K and very soon. I don’t think this rally is done. There are going to be little pauses for profit-taking along the way, but it seems as though this bull run still has legs. A good time to adjust your holdings to make sure you don’t miss out on the next two years of gains.

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March 18, 2023, 07:08:16 PM
 #58

I see that such analyzes follow the price, meaning that the price has risen. You will notice positive analyzes and vice versa. Therefore, as a trader, you should not try to follow them because they will increase your greed or fear, and both feelings are disastrous for your investment decisions.

Can the price reach 30K this month? We have a strong resistance point at $26,000 but do not forget that the Fed may not raise interest rates during the March meeting in the coming days, which means we may witness a 3-5% recovery, which may lead to breaking the top of $26,000.

If this happens, 30,000 are confirmed before the end of the month.
At the moment BTC has gained more stability around the $27k+ price and with the current market resistance and bull attempts, the possibility to achieve a $30k price in the coming week is high, even though there is the possibility of market pullback also, but if all things go according to the way it went this week the coming week will witnesses a high increase in demand for bitcoin that will throw us above that price.

-let's keep our fingers crossed to see what happens next with Bitcoin price since speculation is sometimes useless because Bitcoin price will act the way it wants and unexpectedly just like the current market trend.

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March 18, 2023, 07:12:05 PM
 #59

Anything can happen even for no reason. Recall what happened earlier this year when bitcoin suddenly surged from $19k to $23k for no reason, and then it continued to move around this area for a while before breaking through past 27 thousand dollars today.
How could the price move up and down for no reason, it's a bit strange to come to a conclusion.
Every bitcoin should experience an increase in price, so there should be things that influence it, such as positive news that causes market demand to increase. Likewise, when the price goes down, there must be some reason why the demand is low and the supply is increasing.

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March 18, 2023, 07:29:52 PM
 #60

Anything can happen even for no reason. Recall what happened earlier this year when bitcoin suddenly surged from $19k to $23k for no reason, and then it continued to move around this area for a while before breaking through past 27 thousand dollars today.
How could the price move up and down for no reason, it's a bit strange to come to a conclusion.
Every bitcoin should experience an increase in price, so there should be things that influence it, such as positive news that causes market demand to increase. Likewise, when the price goes down, there must be some reason why the demand is low and the supply is increasing.
Every time the market price goes up and down there must be an influencing issue to support the pattern of movement between the two factors, like last week the price movement had dropped significantly below $ 20k so of course there was a big influence that made investors also follow the pattern of decline, but in the following week bitcoin has recovered and indicates that the influence of issues that dropped market prices before has been responded by investors or experienced traders from market potential analysis.

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