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Topic: Another month of March - page 3. (Read 796 times)

sr. member
Activity: 1162
Merit: 268
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March 03, 2021, 01:39:24 AM
#74
I'm sure this march will be neutral in terms of bitcoin's performance on its price, This year 2021  now is the most successful years for bitcoin because of all the good news that's happening like big companies investing in BTC, Many people are adapting into cryptocurrency, So right now I'm not even worried if it will go to bullish or bearish,
sr. member
Activity: 2506
Merit: 368
March 02, 2021, 07:38:19 PM
#73
The month of March this year shows a good sign for the crypto, it is still in a bullish state. Bitcoin is starting to rise from correction and seems sideways,
yes its natural because bitcoin continues to be at a height for that long. This is just a correction to go bullish next. So I'm not worried that in March 2021,
bitcoin has become massive, it will definitely differ from March 2018.I think it's like that.
How do you say so? even if the price do able to withheld but doesnt mean that it wont potentially be having a crash specially now that it is really moving sideways.
Its really hard to predict on what would be the next move,We might see some another pump if we do able to see some adoption or integration news came from
big companies just like on what happen with Tesla and Paypal but if not then we would really be having a hard time on rising up this market on that certain
range or certain extent.
This March might be the reddish month of the year or it's just keep going up and down that's there's no sign of breaking a new ATH.
Bitcoin is just having a price correction plus hodlers making profit and a little weak hands dumping, thinking this would be the end of bull run.
But this makes it the unstable month for Bitcoin, although it already touched $43k as the lowest support for this month and now it's starting to move up.

Signs of new large institutional investors might show slowly as time flies and we don't have to worry about the end of bull market, this is just the typical days after a massive growth over a month.
legendary
Activity: 2436
Merit: 1232
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March 02, 2021, 07:26:26 PM
#72
We must not always think about that history repeats itself for quite sometime that this thing happens every time of this month or this could happen into the time of another month and so on and so forth for our fears into something do always makes up pulling out investments that may get into regrets because of that thinking. Although there can be a potential or possibility that it would happen, but better just keep it in ourselves so that new people in crypto will not get into panic. Just prepare standard measure you customize on yourself on how to deal at times like this and you can be able to survive if ever same thing happen once again.
sr. member
Activity: 2226
Merit: 347
March 02, 2021, 05:18:28 PM
#71
The month of March this year shows a good sign for the crypto, it is still in a bullish state. Bitcoin is starting to rise from correction and seems sideways,
yes its natural because bitcoin continues to be at a height for that long. This is just a correction to go bullish next. So I'm not worried that in March 2021,
bitcoin has become massive, it will definitely differ from March 2018.I think it's like that.
How do you say so? even if the price do able to withheld but doesnt mean that it wont potentially be having a crash specially now that it is really moving sideways.
Its really hard to predict on what would be the next move,We might see some another pump if we do able to see some adoption or integration news came from
big companies just like on what happen with Tesla and Paypal but if not then we would really be having a hard time on rising up this market on that certain
range or certain extent.
sr. member
Activity: 1638
Merit: 255
March 02, 2021, 05:07:15 PM
#70
The month of March this year shows a good sign for the crypto, it is still in a bullish state. Bitcoin is starting to rise from correction and seems sideways,
yes its natural because bitcoin continues to be at a height for that long. This is just a correction to go bullish next. So I'm not worried that in March 2021,
bitcoin has become massive, it will definitely differ from March 2018.I think it's like that.
sr. member
Activity: 1750
Merit: 267
March 02, 2021, 11:50:26 AM
#69
We can only guess at cryptocurrency but it is not possible for anyone to make a correct prediction.  What happened in March last year will not happen in March this year.  Prices started falling last year but may rise this year.  In cryptocurrency, there is not much time difference between price going up and down.
full member
Activity: 1708
Merit: 105
March 02, 2021, 10:40:18 AM
#68
-snip-
Yes historically March has been the bearish month for crypto but this year it is going to be different. A lot of things have changed post covid.
BTC and alts are back jn green from the beginning of new month and it is a good sign
in fact, it should have been seen from the beginning of the year that if there was going to be a correction, it would have already been made. In fact, there has been an increase, ATH can even be formed in 4 consecutive days, this clearly indicates that there will be no decline. if it happens he is only temporary and will come back again and it seems like it continues.

This year it is likely that the halving will still affect bitcoin. while altcoins will also be affected by seeing that many have also increased beyond expectations from the old and new ones, not to mention those who reach their ATH. so this year will run simultaneously for improvement and the time is quite long.
newbie
Activity: 36
Merit: 0
March 02, 2021, 08:47:24 AM
#67
Id say that Bitcoin will be back on its bullish momentum, as you can see the price is slowly gaining and recovering once again...
copper member
Activity: 238
Merit: 1
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March 02, 2021, 07:58:03 AM
#66
I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
I think it is just a bearish cycle that Bitcoin is in it. It was the same at the end of January too. It can be a weird correlation but it seems that people buy more in the middle of months and begin to sell at the end of months, and it takes 10 days to recover from dip till the middle of next month. Of course, this drop is not the final of the Bullish run. Markets react to how people think about the future. There is much positive news on social media that will affect the rice. Yesterday Bitcoin hit $50k again but retraced shortly. Buy and hodl, Bitcoin will take care the rest.
member
Activity: 616
Merit: 12
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March 02, 2021, 05:18:51 AM
#65
I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
No doubt historical records have shown that the month of March has never been favorable for bitcoin price, but currently the bull run we are experiencing is also something no one has ever seen, yesterday was the first of March and bitcoin moved from $44k to $48k it tried retesting the $50k level, I think this March might be different from the rest, even though it's still early to judge by yesterday's rise, it's best you remove that short before you get liquidated.
hero member
Activity: 938
Merit: 502
March 02, 2021, 05:18:25 AM
#64
While this may sound like a cause for caution, in the long run it can be a bullish sign. According to Glassnode, the Spent Output Profit Ratio (SOPR) has undergone a "complete reset," meaning that profits may have declined and long-term investors will seek to hold on.

Decentrader co-founder Philip Swift also noted that the decline in SOPR deserves to be seen as an indicator of future market health. He believes this is perhaps a bullish moment in the crypto market, especially in light of last week's funding rates, which have historically been followed by a jump in prices.
hero member
Activity: 2604
Merit: 816
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March 02, 2021, 05:05:22 AM
#63
On the first day of March, we see the bitcoin price gets a good movement and back to $47,500, and hopefully, the price can still increase and back to $50k this month. If that can happen, the chance to back to the next high price, such as $53k-$55k, will wide open, and that will be only a matter of time for bitcoin to back on every high price that already touched before. This year can bring a good year for bitcoin because the big companies' adoption helps bitcoin grow.
It's around $48k-$49k, saw yesterday that it is attempting to break $50k barrier but it wasn't enough to push the price though. But we are just barely this March, anything is possible, and just like the first two months of the year, it went on correction, but we have bounce back and then put up a good all time high. So I'm still expecting that it will be the same this month, breaking $50k again and even goes to $60k.
I am sure bitcoin will have more power to push the price to break the $50k barrier. We are still on the second day in March, and we have more days to see bitcoin price will start another rally this month. The correction can come before the rally, so we need to be careful of that and prepare for anything. I would love to wait for the $60k as that is my next target price to sell. Meanwhile, I am still trying to make a profit from the up and down of the price.
hero member
Activity: 854
Merit: 506
March 02, 2021, 05:01:34 AM
#62
I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
Yes historically March has been the bearish month for crypto but this year it is going to be different. A lot of things have changed post covid.
BTC and alts are back jn green from the beginning of new month and it is a good sign
sr. member
Activity: 1428
Merit: 275
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March 02, 2021, 04:05:52 AM
#61
What you think this coming month (March) will bring?

Most of the time, we were expecting something to be happened into this market, but the opposite things were happened previously in the history of crypto market. Maybe, same thing will be going to be happened as more users are expecting to have a bearish market in this month. Just look into past three years, everyone was expecting to see a pump to back into ATH of bitcoin in 2018, but that didn't happen and everyone was expecting to see a dump in March ,2019 after getting such a bullish rally in February, 2019 which also wasn't done. On the other hand, everyone was so much bullish on bitcoin back in 2020 as halving was going to be happened and like previous history, it wasn't bullish in March, 2020. So, it might become a bullish month as everyone's expecting to get a bearish month, IMO.
legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
March 02, 2021, 03:50:18 AM
#60
I don't believe in calendaristic nonsense unless there is a real, rational reason for people to cash out from crypto on March because of some kind of event, but there is NONE. The data we have from previous years is not statistically representative IMO and even if it were it is just a statistic. The context is different now than in any other year. This is just FUD for retail if you ask me.

If you wish to decrease your Bitcoin exposure do it because you have made a sound analysis of the market and your financial situation, not because we've entered the first month of spring. lol
copper member
Activity: 2968
Merit: 575
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March 02, 2021, 03:43:11 AM
#59
I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside? I do fair the month of March because bitcoin and generally all cryptocurrencies do suffer in price declination during this time.

What you think this coming month (March) will bring?
If  you are talking about last year, then there was a reason why the price started to tank so badly. When the lockdowns were implemented and covid was spreading, people were panicking. They started to sell everything and get cash. If you remember, even the stocks plummeted badly. The whole economy was affected negatively. The same happened with bitcoin and other crypto currencies. People started to sell off their coins and others followed. The good thing was, the price started to recover real quick while the stocks and the economy still suffered. I am almost sure, the same thing won't repeat this time.
hero member
Activity: 1078
Merit: 504
March 02, 2021, 03:06:15 AM
#58
Frankly speaking, am a little worried but not as much as I was in the last bull run time. That March month was really horrific. But this time, entities like Microstrategy have invested in Bitcoin when the price was 52k USD that too of 1 Billion Dollars. So it's a little relief for a small trader like me, but uncertainty is the mother of crypto so we just have to keep our hopes up and wait.
hero member
Activity: 1344
Merit: 540
March 02, 2021, 02:27:52 AM
#57
On the first day of March, we see the bitcoin price gets a good movement and back to $47,500, and hopefully, the price can still increase and back to $50k this month. If that can happen, the chance to back to the next high price, such as $53k-$55k, will wide open, and that will be only a matter of time for bitcoin to back on every high price that already touched before. This year can bring a good year for bitcoin because the big companies' adoption helps bitcoin grow.
It's around $48k-$49k, saw yesterday that it is attempting to break $50k barrier but it wasn't enough to push the price though. But we are just barely this March, anything is possible, and just like the first two months of the year, it went on correction, but we have bounce back and then put up a good all time high. So I'm still expecting that it will be the same this month, breaking $50k again and even goes to $60k.
hero member
Activity: 2968
Merit: 913
March 02, 2021, 02:09:31 AM
#56

What you think this coming month (March) will bring?
I will remain optimistic that March will still be good or favour bitcoin.

(1) the market remains bullish, the recent downtrend is somewhat like a 'norm', as every month we have to see some healthy correction;
(2) Institutional investors are still buying in the dip that might push the price again next month;
(3) I'm not expecting anymore FUD, or least the market will not be affected by it in a negative way;
(4) for average joe, if March turns out bad, then it will be a good buying opportunity for us as well.


1.We still don't know if the market will remain bullish.There's not enough data for such prediction.
2.I don't see institutional investors buying the dip.Perhaps you have some insider information. Grin
3.The FUD against BTC will continue forever.The problem is that people pay more attention to FUD,when the markets are going down.
4.I agree with that.March is usually bad,but everything will be alright in the end of 2021.(I hope so Grin)
full member
Activity: 2044
Merit: 165
March 01, 2021, 11:42:08 AM
#55
Quote
I will keep this short, we all know how month of March do not favour bitcoin at all, bear market started ending of February and today is the last day of February, hope the market will not still go downside?
No, even though the market what to down in this month of March, it will be the dump of preparation  of  bitcoin price to hit higher. Despite the price decreased yesterday does not mean the price of bitcoin will still repeat itself again in this month of March like the way it happened last year March when the price was decreasing from the beginning of the month.
The price of bitcoin will not decreased more than $40k before it will move to it normal position $50k before the end of this week. This month of March will be the best month to all bitcoin users who always believed in the spirit of holding.
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