BTC Sentiment Poll for March

[tokeweed]

As these monthly polls are mostly just a form of sentiment checkers in the forum, I'll limit the choices to just yes or no again.  And it would help if you post your thoughts itt.  

Check this chart out.  Lolol really?  That's like one of the best runs I've seen of Bitcoin from an optics pov.  Is it really going to an all time high this month?  Can't believe it's happening tbh.  Sorry if I sound dumb rn.  I'm at a loss for words...

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[AprilioMP]

$61,298 was Bitcoin's initial price in March. Now Bitcoin is at $62.5K and is still going up and down.
My speculation is that in March it could reach $68K and I don't dare say more than that number because of several obstacles that will occur which could change the situation like the Coinbase incident in the midst of a price spike like now.

For this month of March, I am also at a loss for words because Bitcoin in the last week of February surprised many people with an unexpected price spike because the halving calculations had not yet arrived.
My few words to Bitcoin holders, quickly check your medical history so that when the price of Bitcoin reaches $69K or $70K you could have a stroke or get heart disease.

[AbuBhakar]

For me it’s a crucial month for Bitcoin price. It can possibly break ATH and reach new ATH but there’s always a chance that this momentum will stop on the previous ATH which around 67K to 70K in case institutional traders and ETF owners started to take profit.

But I’m still positive that we will reach new ATH since halving is still far away while the price is already near the previous ATH level. For me, I will put my holdings at 50-50% when the price already playing near 70k level just to secure profit and at the same time still ride the BTC train pump.

[Aanuoluwatofunmi]

Provided that April is likely goin to be the month for the halving to happen, we can say of this present moment that we may experience a little more dip along the month in other to have an opportunity for the market performance after the halving, though we cannot be accurate about when this is going to begin, but we are going to see more of these after the halving that the market becomes more volatile and pumping than before.

[uneng]

Hard to say what to expect from this month of March... Bitcoin price just increased too much in a very short time interval to 62,000$. When price fluctuates like this, we are likely to see corrections right after which push the market downside. So far we are bouncing between 61,000$ and 62,000$, with 63,000$ as the next resistance level. The worst is that I'm living a dilemma because I don't know if I should buy now or if I should wait to see what the next trend of the market is, that is, to wait for a potential correction in price.

I fear that whales might be waiting to dump prices after the recent increasements. It looks surrealist to see Bitcoin getting close to its previous ATH, without even having crossed the halving event yet. I was expecting to see what is happening right now only in the end of this year. Bitcoin market is heavily precocious these days.

[Solosanz]

I voted yes.

Bitcoin could break it's previous ATH, but I'm sure we will see reversal sooner or later because there's no exact reason why the price can surge so that high. The price will increase again during near halving event, then suddenly declines again because people thought it's over.

But we will see the new ATH in the upcoming year...

[Upgrade00]

I expect a reversal before the halving and then a real push above the last ATH a couple of months after.

This is not based on any technical analysis, just my speculations following events of previous halvings. We usually will have a heavy dip, followed by a period of sideways movements and then some price spikes.

[ShowOff]

I expect a reversal before the halving and then a real push above the last ATH a couple of months after.

This is not based on any technical analysis, just my speculations following events of previous halvings. We usually will have a heavy dip, followed by a period of sideways movements and then some price spikes.

True, I've seen history that way too, but there's a chance this time will be different. I am still not sure about the ATH before the halving and tend to believe in the new ATH after the halving, but considering the recent increase my doubts have faded a bit as the price is getting closer to the previous ATH. The positive sentiment is still very strong and I think we will get price testing its old ATH resistance before the halving.

About correction and sideway, it is very possible if that resistance fails to be broken. Institutional investors and ETFs will likely be the difference in this halving cycle, but all of the scenarios I think about may not be true if price movements follow past history.

[Upgrade00]

True, I've seen history that way too, but there's a chance this time will be different. I am still not sure about the ATH before the halving and tend to believe in the new ATH after the halving, but considering the recent increase my doubts have faded a bit as the price is getting closer to the previous ATH.

This is worth considering too; past events do not determine future outcomes, we can only use it as a guide but can't rely on it. The last bull run was significantly different from the one before it in 2017 and that was slightly different from the one before. These goes to show that as the market grows and matures it reacts differently to similar situations, and we have to adapt accordingly.

[Kemarit]

It's just the start of the month and after a minor dip, here comes the bulls again with all his might and pushing the price again above $62,000 and 22% in the last 7 days. It's scary to see this numbers, but what can we say? It's a win win for us, whether it will go on a higher ups again and see a new all time high, or there will be a huge drop or reversal. There were even some TA that says a 20%-30% dip is possible.

But I voted for a reversal, not to burst the bubble, but it seems it's hard to maintain this phase as we are not yet in the halving. It looks like FOMO for the outside. But let's see and hope that I'm wrong here.

[Yaunfitda]

I voted for No, this is already March, next month we will see the halving activity already. So I'm not seeing the bulls giving up their position. It's kinda late in my opinion. And I think we have seen the reversal happening around January when the news of the Spot Bitcoin ETF approval went out and when we are expecting the price to rally it reverses. But now both retail and institutional investors have one goal before the halving, and that is to see a new all time high. We are very close more than $62k already and still going on. I'm not TA experts, but this is what I'm seeing, As for the sentiments,



https://www.cointree.com/learn/crypto-fear-and-greed-index/

[kentrolla]

This would be one of the most crucial month because Bitcoin is hardly 10% pump away from breaking the previous ATH and set a new ATH if it happens this month then most of the people will pour in more money as this would be considered as bull market because last time when Bitcoin broke previous ATH it's new ATH was 300% more than the previous so people wouldn't want to miss this opportunity and this will increase the demand and thus surge the value of Bitcoin even further. If Bitcoin doesn't break ATH but still if it manages to trend above $50k or $55k that would still be a good number.

[goaldigger]

A big challenge for Bitcoin to sustain its momentum until the halving and as expected by many, reversal/correction are more likely to happen. Bitcoin has to stabilize for now because it pumps that much already. The halving is about to happen, and the usual cycle is that the price dumps before the halving so this might happen and we might see it this Month of March. This will be crucial for the crypto market but looking at the current trend, we are still heading to the big bull.

[tokeweed]

I expect a reversal before the halving and then a real push above the last ATH a couple of months after.

This is not based on any technical analysis, just my speculations following events of previous halvings. We usually will have a heavy dip, followed by a period of sideways movements and then some price spikes.

Oof man...  Flush late longs out then let it go super nova then break out above all time high and leave most of them behind.  Would hate to be in that spot.  Lolol.  This time around I'll just hold spot and not fool around leverage.  I'd rather trade memecoins than trade with lev.

[Husires]

bitcoin halving has been priced, the peak this time is $65,000, and unless there is more speculation that might push the price higher, in March we will witness the first correction in the price of Bitcoin after several green months.
Speculators are selling Bitcoin against stable currencies, which means that some of them are starting to lose the price momentum in the coming days. Therefore, it is normal to see that the price touches the support level several times. If it is broken, we will return to $52,000 quickly.

[YUriy1991]

I think the polls are good, I vote still up. There are several reasons that may be relevant in my opinion where BTC has not yet reached its ATH a little more and I am sure that over time it will be reached in March where the global crypto market capitalization has now only reached $2.33T, only increasing 0.33%. If you look at it on a weekly basis, it is true that the increase in CMC data has reached 20%, but the opportunity for BTC is still quite big to catch up, especially if the resistance breaks the 62K range and prepares for 70K for sure .

[Popkon6]

Bitcoin price is likely to rise again in March 2024. Because the price of Bitcoin is seeing an upward trend of Bitcoin from January 2024.  Therefore, the price of Bitcoin touched a maximum of $64,000 in February. It is still around 62 thousand dollars. If the price of Bitcoin starts to rise at this stage, I think it will definitely touch $69,000 in 2021.

[Aanuoluwatofunmi]

I think the polls are good, I vote still up. There are several reasons that may be relevant in my opinion where BTC has not yet reached its ATH a little more and I am sure that over time it will be reached in March where the global crypto market capitalization has now only reached $2.33T, only increasing 0.33%. If you look at it on a weekly basis, it is true that the increase in CMC data has reached 20%, but the opportunity for BTC is still quite big to catch up, especially if the resistance breaks the 62K range and prepares for 70K for sure .

Though I've been hearing about contrary opinions as some already believed we could have a new all time high right from this month henceforth before the halving begins while some were already saying that we are going to have more dip but in a little experience, because the market already have been on the bull and we needed a bear to sustain the probability of us having more bull when the halving approaches than we now having the bear market after all hopes is already on the bull market.

[philipma1957]

Hard to say what to expect from this month of March... Bitcoin price just increased too much in a very short time interval to 62,000$. When price fluctuates like this, we are likely to see corrections right after which push the market downside. So far we are bouncing between 61,000$ and 62,000$, with 63,000$ as the next resistance level. The worst is that I'm living a dilemma because I don't know if I should buy now or if I should wait to see what the next trend of the market is, that is, to wait for a potential correction in price.

I fear that whales might be waiting to dump prices after the recent increasements. It looks surrealist to see Bitcoin getting close to its previous ATH, without even having crossed the halving event yet. I was expecting to see what is happening right now only in the end of this year. Bitcoin market is heavily precocious these days.

there is no such thing as too much increase in price.

In fact we need to be at about 80-88k by the ½ ing this would mean no miner struggles which would really mean this time it is different.

I suspect that we breach 80k before may. I also suspect we do not retreat much at all once we get there.

I suspect well over 100k by Dec 1,  And the 2025 numbers to truly be good.

[bangjoe]

I want to say that we will not experience a reversal, looking at the flow and market sentiment is quite interesting the last few days and weeks in February showed a significant increase, and I think we will break the ATH, and may pass up to $70k, and print a new ATH at this halving moment.

Even if Us does not sell the confiscated bitcoin now, because the amount seized is quite a lot and will affect the bitcoin trend, but I'm pretty sure if that's the goal of selling, they will sell during the halving or a few days after the bitcoin halving, if the goal is to sell to the market.