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Poll
Question: Is Bitcoin bound for a reversal this month?
Yes - 11 (37.9%)
No - 18 (62.1%)
Total Voters: 29

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Author Topic: BTC Sentiment Poll for March  (Read 1177 times)
Yaunfitda
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March 27, 2024, 02:10:19 AM
 #101

the march is near to end bu looks like we are not going to see a reversal instead what I can see here is that  the opportunity to break ATH again before halving is there .
we have seen so much this march but the bitcoin action is not stopping here as it is continuously showing changes from here and there and from the whole market with altcoins as well.
I also think that Bitcoin can still penetrate ATH again before the halving occurs because currently Bitcoin is starting to return to a price of more than $70K. So this could provide a new opportunity for Bitcoin to make ATH again this month and it would also be an extraordinary history for Bitcoin because in one year it could make twice the ATH before the halving. But if that doesn't happen to Bitcoin, I think the current price is also good enough to have an important effect on all other cryptocurrencies in the market because now altcoins have also risen again.
In any case if we didn't broke $73k, I think we are still good going into the halving. The price is now $70k, and perhaps if the bulls has enough push here, we could get to $71k. But if now, I think as I have said, the bulls have push the price to much this March. Just a couple of days before the end of this month, would love to see the price hitting at least or in the borderline $70k. So halving is approaching and hopefully, everyone is ready for the bull run. It might not be an immediate jump to 6 digits as we expect. But the next quarter and at the end of the year will be very exciting for us.

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March 27, 2024, 03:55:09 AM
 #102

To be honest by looking at your chart on monthly candles kind of makes me nervous hahaha why it is because there is no single correction for a 6 month strike  Shocked Tho I still like it when Bitcoin reaches its new all-time high but my heart is now at fast-paced hahaha maybe at the moment the best things is to sell some of profit but not all and make those profit to buy more when there is a correction after it.

After almost 2 year hit by the bear market now the bull is trying to fight for its legacy. Long Live Bitcoin  Cheesy

Yeah the monthly chart tends to look that way.  But it isn't true that BTC isn't having any corrections tho.  Switch to weekly and you'll see some and there's a lot more at the daily chart.  We're having one correction right now come to think about it.  Lol.  But I get what you're saying, it does look scary. 

We prolly see our fears happen on April before the halving then up only?  What do you guys think?  I feel like it has to go down before it could go back up.

Oh yeah, I see a correction on the weekly candle but still in the monthly is all green Cheesy compared to in the year of 2021-2022.

Halving is a less than a month and I believe there will be a major correction and the worst-case scenario is to touch the 56K level but I doubt this happen after the halving. altseason is gonna happen soon despite almost all altcoin is saw huge jump but they not touch their previous ATH yet.

So in my opinion when bitcoin had a correction it is the best time to go all in for ALtcoin and maybe buy some of bitcoin too

I would guess that looking back at 2020, which was the year for last halving, and if you look at from January to may levels, you will see that it started with an up, then went down, then went only bit of up not a lot, and stayed there for months, before ending the year with a new ATH.

I think we could "expect" a sideways market right away for months and months, before start going back up again at October to November period, and break ATH and just keep going up more and more until it peaks. That seems like the previous one, but remember, it didn't break ATH until December last time, it broke ATH during March this time, so there is a big difference between last time and this time.

Grin always want to see bitcoin reach 90-100K this year I dont have a lot of crypto right now but I want to see the bitcoin reach those level in this end of the year or Q1 of next year

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March 27, 2024, 04:44:54 AM
 #103

Quote from: dezoel
I mean April seems to be a better month to expect a huge rise. It is clear that March isn't half bad in some years, but has some bad years too but April usually had good years, doesn't mean it never had bad years but it mostly didn't, it was mostly good time to invest.

So I am guessing, even though we may see a correction in march, it could also recover and go beyond at April as well. So many years when price went lower at March and yet recovered and went so much higher during April. I am not saying do this, but expecting the price to fall this month, then buy, and hold all through April, and if possible maybe even May, could make you some profit. I could also be wrong and maybe you will make a loss, there is no guarantee at all.

Few days to the end of march, the price of Bitcoin has bounce back to $70,000 few hours ago which is a sign that next month will likely be a better month than this month of march, because if the green light continue displaying till next month, it will make the price to hit $80,000 or $90,000 before the bearish season will appear.  I think, holders have saw some changes few days ago in the market when the price decrease back to $65,000 before it started increasing to this current price that is giving holders confident to continue holding until their expectations come to pass. Now that the price has increased higher in the market, it will not be favourable for Investors to purchase right now than to wait for the price to decrease back to $50,000 before they can manage to purchase and hold for long.

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March 27, 2024, 06:57:56 AM
 #104

the march is near to end bu looks like we are not going to see a reversal instead what I can see here is that  the opportunity to break ATH again before halving is there .
we have seen so much this march but the bitcoin action is not stopping here as it is continuously showing changes from here and there and from the whole market with altcoins as well.
I also think that Bitcoin can still penetrate ATH again before the halving occurs because currently Bitcoin is starting to return to a price of more than $70K. So this could provide a new opportunity for Bitcoin to make ATH again this month and it would also be an extraordinary history for Bitcoin because in one year it could make twice the ATH before the halving. But if that doesn't happen to Bitcoin, I think the current price is also good enough to have an important effect on all other cryptocurrencies in the market because now altcoins have also risen again.

and besides there is nothing we can lose if we will believe of bitcoin either hitting ATH again or not because staying in 65k and above is more than enough to show how strong this currency is.

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

If we are going to sell this time? its ok because we are in the high position and if we wanted to wait again its good because this market now has a crazy movement.

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March 27, 2024, 11:59:35 PM
 #105

Sideways is the name of the game for March, its done that and kept a range pretty much the whole time.  No need to think differently right now, sideways is not a negative and I take it as a positive further out as it brings volume to all these prices which will help give a foothold in future attempts to move higher.

We could have lost this pricing around the middle of the month and it didnt happen so vs that negative breakout or breakdown in the range I find we have acted positively despite only holding in this area.   Gaining alot and just hanging is far better then the reversal that can easily happen especially with fast gains like this year surely must be classed as.

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March 28, 2024, 03:53:55 AM
 #106

At the beginning of March, we only heard positive news about Bitcoin, but by the end of March, we were between a bearish and pumping. Bitcoin has broken all its records and set a new record this March with maximum benefit possible. Another step is if the price of Bitcoin goes for improvement this March, breaking the $73k record and touching $74k to $75k is very likely.

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March 28, 2024, 08:52:28 AM
 #107

So far bitcoin performance this month is high, the market is still bullish we expect bitcoin to rally to $72k before next month. Bitcoin is gaining more strength, investors are buying and accumulating more Bitcoin and I would like to see Bitcoin  break the $73k ATH before halving.

After halving then we expect price to dump before massive bullishness.
This is the time we just get prepared for what is to come, rather securing profits which is way too early now.


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March 28, 2024, 10:34:26 PM
 #108

So far bitcoin performance this month is high, the market is still bullish we expect bitcoin to rally to $72k before next month. Bitcoin is gaining more strength, investors are buying and accumulating more Bitcoin and I would like to see Bitcoin  break the $73k ATH before halving.

After halving then we expect price to dump before massive bullishness.
This is the time we just get prepared for what is to come, rather securing profits which is way too early now.

So far for this month alone, we are up 15%++, but the strongest month so far is February, with a huge increased of 43%++. And yet we haven't seen the halving, the catalyst for a bull run, but the price is going strong even setting a new all time high already.

Yes, that is to be expected, halving is the trigger for a massive bull run, and next month we will finally see it and then that's where the fun begins. But in any case, at the end of March above $70,000 is already great price and we have to thank the bulls for that for pushing the price.

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March 28, 2024, 10:41:47 PM
 #109

So far bitcoin performance this month is high, the market is still bullish we expect bitcoin to rally to $72k before next month. Bitcoin is gaining more strength, investors are buying and accumulating more Bitcoin and I would like to see Bitcoin  break the $73k ATH before halving.

After halving then we expect price to dump before massive bullishness.
This is the time we just get prepared for what is to come, rather securing profits which is way too early now.


There were few things which going to have impact on bitcoin price and things are surely going to be stayed at the positive level for the long time currently we are in $70K and few predictions are clearly suggesting we are going to have $100K in coming days which is surely going to be historic landmark for this bitcoin March is having great impact with success even we have few bearish days but now again its back on positive side and things are taking good changes which are good with halving is also coming so if we have big been jumping this could be life changing for the many specially those were waiting for this from years.
Now just securing profit is not good just wait for this figure and then go ahead for the big amount this is surely happening, and we need to be prepared for this because this is important and most wanted time.

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March 28, 2024, 11:36:34 PM
 #110





There were few things which going to have impact on bitcoin price and things are surely going to be stayed at the positive level for the long time currently we are in $70K and few predictions are clearly suggesting we are going to have $100K in coming days

True, but I don't think this predictions will happen. I don't think bitcoin
 test $100k before halving, I expect to see that only after halving. But can be in   a range of $70k - $80k creating a new ATH before halving.

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March 29, 2024, 12:00:10 PM
 #111





There were few things which going to have impact on bitcoin price and things are surely going to be stayed at the positive level for the long time currently we are in $70K and few predictions are clearly suggesting we are going to have $100K in coming days

True, but I don't think this predictions will happen. I don't think bitcoin
 test $100k before halving, I expect to see that only after halving. But can be in   a range of $70k - $80k creating a new ATH before halving.
We are already near halving and there are no signs about positive sentiments or fundamentals on which it would really be causing up such potential price rally to $100k or even touching up $80k but well we do know
that Bitcoin does really love on surprises on which we dont know on when would be the next big movement or this one would really be continuing until having with this current sideways movement.
Now that we are fast approaching on halving event and the movement isnt really that too much. It is really that hard to guess or predict on what would be its next move if something like this.
We cant really be able to see some sentiment around on which we could really be able to based up. This is why it would really be just that depending on you on what are the actions you would really be taking.
Some might really be having that kind of hesitation on making up some positioning because even myself having those doubts that there would be some dumps.

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March 29, 2024, 02:23:02 PM
 #112





There were few things which going to have impact on bitcoin price and things are surely going to be stayed at the positive level for the long time currently we are in $70K and few predictions are clearly suggesting we are going to have $100K in coming days

True, but I don't think this predictions will happen. I don't think bitcoin
 test $100k before halving, I expect to see that only after halving. But can be in   a range of $70k - $80k creating a new ATH before halving.
We are already near halving and there are no signs about positive sentiments or fundamentals on which it would really be causing up such potential price rally to $100k or even touching up $80k but well we do know
that Bitcoin does really love on surprises on which we dont know on when would be the next big movement or this one would really be continuing until having with this current sideways movement.
Now that we are fast approaching on halving event and the movement isnt really that too much. It is really that hard to guess or predict on what would be its next move if something like this.
We cant really be able to see some sentiment around on which we could really be able to based up. This is why it would really be just that depending on you on what are the actions you would really be taking.
Some might really be having that kind of hesitation on making up some positioning because even myself having those doubts that there would be some dumps.

Bitcoin has been going sideways for the past few days and it is making some people feel discouraged and impatient.  But as you also admit that bitcoin likes to create surprises and the $80k target is not too far away so I still think it can still get there before the halving happens .  100k$ is actually a pretty lofty target but 80k$ is actually possible before the halving . Personally, I remain optimistic from now until the halving takes place, and after halving there will be an adjustment, not a crazy price increase .

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March 31, 2024, 11:54:21 AM
 #113

So far bitcoin performance this month is high, the market is still bullish we expect bitcoin to rally to $72k before next month. Bitcoin is gaining more strength, investors are buying and accumulating more Bitcoin and I would like to see Bitcoin  break the $73k ATH before halving.

After halving then we expect price to dump before massive bullishness.
This is the time we just get prepared for what is to come, rather securing profits which is way too early now.

So far for this month alone, we are up 15%++, but the strongest month so far is February, with a huge increased of 43%++. And yet we haven't seen the halving, the catalyst for a bull run, but the price is going strong even setting a new all time high already.

Yes, that is to be expected, halving is the trigger for a massive bull run, and next month we will finally see it and then that's where the fun begins. But in any case, at the end of March above $70,000 is already great price and we have to thank the bulls for that for pushing the price.

Yup it's funny.  The halving hasn't happened yet and we're up more than 100% from the lows.  Who would've thought..?  :/  And the more hilarious part is the people who don't think this time is gonna be different will this time be wrong because this time it could totally be different.  The equation might be changing and it's prolly a good time for everybody to notice it.

Stay safe out there everybody!  And Happy Easter for all you guys who celebrate it.

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March 31, 2024, 03:39:29 PM
 #114

Yup it's funny.  The halving hasn't happened yet and we're up more than 100% from the lows.  Who would've thought..?  :/  And the more hilarious part is the people who don't think this time is gonna be different will this time be wrong because this time it could totally be different.  The equation might be changing and it's prolly a good time for everybody to notice it.
Every time is unique and at the same time the same Smiley
The similar part is that we always have a rise before halving. The size of that rise is always going to be different because it depends on the market situation. For example over the past year, bitcoin has been significantly undervalued (in a reverse bubble) so we should expect a lot more rises happening due to the "catalyst" known as halving.

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March 31, 2024, 06:33:43 PM
 #115

the march is near to end bu looks like we are not going to see a reversal instead what I can see here is that  the opportunity to break ATH again before halving is there .
we have seen so much this march but the bitcoin action is not stopping here as it is continuously showing changes from here and there and from the whole market with altcoins as well.
I also think that Bitcoin can still penetrate ATH again before the halving occurs because currently Bitcoin is starting to return to a price of more than $70K. So this could provide a new opportunity for Bitcoin to make ATH again this month and it would also be an extraordinary history for Bitcoin because in one year it could make twice the ATH before the halving. But if that doesn't happen to Bitcoin, I think the current price is also good enough to have an important effect on all other cryptocurrencies in the market because now altcoins have also risen again.
Making a new ATH is definitely something we can see in the near future, there is no doubt that people will be hyped about it again and that should be the most important part of it. I understand that it is not going to be easy to accept it, because people will fear that it may go down again so investing into it is not that easy, but if we give it enough time then it will do just fine.

I hope that we could see it grow bigger and better, which should be the case in most situations, but as long as we have something like that working then we will definitely make it work. Not going down for a while is the most important thing, that will make people believe that the dip is done and we are just going up from here on out.

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March 31, 2024, 08:49:23 PM
 #116

Quote from: dezoel
I mean April seems to be a better month to expect a huge rise. It is clear that March isn't half bad in some years, but has some bad years too but April usually had good years, doesn't mean it never had bad years but it mostly didn't, it was mostly good time to invest.

So I am guessing, even though we may see a correction in march, it could also recover and go beyond at April as well. So many years when price went lower at March and yet recovered and went so much higher during April. I am not saying do this, but expecting the price to fall this month, then buy, and hold all through April, and if possible maybe even May, could make you some profit. I could also be wrong and maybe you will make a loss, there is no guarantee at all.

Few days to the end of march, the price of Bitcoin has bounce back to $70,000 few hours ago which is a sign that next month will likely be a better month than this month of march, because if the green light continue displaying till next month, it will make the price to hit $80,000 or $90,000 before the bearish season will appear.  I think, holders have saw some changes few days ago in the market when the price decrease back to $65,000 before it started increasing to this current price that is giving holders confident to continue holding until their expectations come to pass. Now that the price has increased higher in the market, it will not be favourable for Investors to purchase right now than to wait for the price to decrease back to $50,000 before they can manage to purchase and hold for long.
How sure are you about the price tracing back to $50k? There will certainly be a short bearish run but I doubt if the price will drastically drop that low till $50k, I mean from the speculation and talks on the crypto market, one would agree that the price hasn't even reached it peak yet although the previous ATH has been breached but there is still a high tendency for the price to actually hit $100k this year so buying now wouldn't be a bad idea.

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