Another month of March - page 5. | Bitcointalksearch.org

Asuspawer09

sr. member

Activity: 1820

Merit: 436

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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 Will still hold my bitcoin for long-term investment, and the market was just so volatile with just a single good article or news about bitcoin it could easily pump and go to the moon.

Things could easily change their course and I don't want to be the buyers of bitcoin when the market price was too high in the market or when the giant companies are already invested in bitcoin or maybe accept bitcoin payments as well.

When the price drops to around 30k$ for sure I will buy bitcoin again, the drop is surely going to be a good thing for us who want to invest.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: androyster on February 28, 2021, 02:44:56 PM

Quote from: BrewMaster on February 28, 2021, 11:38:16 AM

traders love to have superstitions when trading! mainly because they have a hard time "predicting the future" so they need some sort of magic to help them.
when the market is bitcoin market and it is very volatile, the superstitions increase a lot more. that is why we keep seeing stuff like what OP is saying. there is nothing special about March and there is no logical reason why price should fall in next month just because it is "March"! besides we already had the drops in both January and February, both of them big drops too. so how do you explain that?

The chart shows GREEN for Jan and Feb. What drops are you referring to?

Probably @BrewMaster is referring to the -26% drop in January and then -23% this month, give and take, although we have recovered from those drop and established new all time high. Probably it's just coincidence that we have seen March as the start of the bearish trend or at least the price seems to go down during this month. In any case though, take this opportunity to buy bitcoin at a cheap price. But I'm still optimistic that it won't significantly drop.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: ?? on ??

The truth is weak hand will rush into dumping the cryptocurrency to dollars due to the steady down trend of the entire market. The month of March holds a lot in stock and how it will end is undecided it may be downtown or upward in price let keep watching.

^ Because they triggered by the whales and the weak hand feeds those whales who manipulate the market price. And then, the downtrend was continued and it will be long last if there are too many weak hands do panic selling. This month of March will probably consider as a bear market and at the end of the month when whales invested again to accumulate a large amount at the cheaper price, that will possibly happen next but it does not mean, it is accurate, that remains prediction of mine and nothing who will know the future outcome of the market.

Wawa2013

sr. member

Activity: 1666

Merit: 268

I still believe what is happening now is a healthy correction, so my prediction for March Bitcoin will be bullish. Since I feel that the current price of
Bitcoin at $ 44k is very low, it is possible that some institutions will buy Bitcoin again. And the price is slowly rising, as some investors who managed
to take profit at $ 58k will buy Bitcoin again in March. And in March Bitcoin should be able to go back up to a price of $ 50k.

totebot

newbie

Activity: 1

Merit: 0

March is bad for Stocks, or CRypto or so many things. in general, is a bear month.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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?

You are oversimplifying things, it is true that the market went down during March of 2020 but we need to ask ourselves what happened then that caused such crash? And the answer is simple, there was a huge crash in the stock market that was caused because people finally realized the new virus that was discovered was not going to be contained and it was expanding all over the world.

So the circumstances are not the same, even if it is true the virus is mutating things are not going to be the same, now we have a lot awareness about the virus, there are a lot of therapies to treat the virus, we have vaccines and if they prove to be ineffective against the new variants then new vaccines will be created even faster than before, so I do not expect to see a crash in March, it is true the correction has been significant but at least to me that is all what it is.

XCANA

full member

Activity: 1470

Merit: 148

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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?

There will be more dip probably in this new month becasue history has it that every march there will always be a dip. With today bitcoin price i will boldly say that the market won't encourage at this time, so anyone who tend to hold on their portfolio should do so with care. This month of march will be like a falling knife and we must be careful.

androyster

member

Activity: 138

Merit: 10

Quote from: BrewMaster on February 28, 2021, 11:38:16 AM

traders love to have superstitions when trading! mainly because they have a hard time "predicting the future" so they need some sort of magic to help them.
when the market is bitcoin market and it is very volatile, the superstitions increase a lot more. that is why we keep seeing stuff like what OP is saying. there is nothing special about March and there is no logical reason why price should fall in next month just because it is "March"! besides we already had the drops in both January and February, both of them big drops too. so how do you explain that?

The chart shows GREEN for Jan and Feb. What drops are you referring to?

Ryker1

sr. member

Activity: 1932

Merit: 442

Eloncoin.org - Mars, here we come!

Well, we know that the market price is unpredictable and there is no way to have a correct forecast on each price, --you will have to do is just wait to a perfect time of selling your bitcoin. In fact, not everyone here is sad to see that bitcoin was down or have a quick price rollback. Holders are quite sad if they saw the market was down and the investors that planning to invest and wait the perfect time to enter the market, they are happy to see that weak hands do panic while them giving a chance to full their bag again. So, in which situation you belong? ^{[A holder or a future investor?]}

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: androyster on February 28, 2021, 11:46:13 AM

March may be bad, but look at April after buying LOW in March...

If this kind of FUD exist only in March then I think people will start to panic soon.

I wonder if how much people will do be able to hold that long as we see the price started to decline more and more from $58k high to $43k down or even more. But isn't it a blessing in disguise too that the price started to decline a bit more so that we could actually accumulate and ready for the mew ATH that might have to happen in April.

This time is a good chance to cleanse all of the weak hands and buy their Bitcoin because they were in a panic not knowing what is actually waiting on the other side.

fiulpro

hero member

Activity: 1890

Merit: 831

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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?

Honestly most of the times we are generally done with festivals like : Christmas, New Hear etc.. now people are eventually looking to invest and use at the same time we are also in the middle of the pandemic and therefore if the value falls due to people encashing then I do think this would be the most common phenomenon at the end of the day it is an investment and right now is the perfect time.
At the same time I have see that the price starts to increase near october and spreads till February/March. But right now what has happened to BTC is very different. This month is immensely unexpected, I do believe that now Bitcoins is out of our hands because the Whales have the major Investments here and many have lost in the ETH too so they will try and regain all of that through Bitcoins.

At the same time one should be careful about the market Manipulation right now and as soon as the price will fall people would for sure give up their money to earn some because we all know that this year Bitcoins told us their boundaries...

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Sterbens on February 28, 2021, 11:37:44 AM

So, when FUD was implemented, didn't you feel like someone was going to take a risk? So let's see if March actually turned into a bearish month or it turned out to be an unexpected month. because the growing market often takes advantage of the news, so those who are well prepared can take over first. and we were trapped by FUD.

Crypto market is full of surprises so best to deal with it, anticipate and make sure to have your sets of plan
as there's always good and bad that may take place.

If you are well prepared both bear and bull still provide good profits to your hands, March can be treated as
another month for this market.

androyster

member

Activity: 138

Merit: 10

March may be bad, but look at April after buying LOW in March...

Jet Cash

legendary

Activity: 2814

Merit: 2472

https://JetCash.com

I hope the price halves, that wil shake out some of the weak hands, and give me a chance to buy some more.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

traders love to have superstitions when trading! mainly because they have a hard time "predicting the future" so they need some sort of magic to help them.
when the market is bitcoin market and it is very volatile, the superstitions increase a lot more. that is why we keep seeing stuff like what OP is saying. there is nothing special about March and there is no logical reason why price should fall in next month just because it is "March"! besides we already had the drops in both January and February, both of them big drops too. so how do you explain that?

Sterbens

sr. member

Activity: 1848

Merit: 341

Duelbits.com

So, when FUD was implemented, didn't you feel like someone was going to take a risk? So let's see if March actually turned into a bearish month or it turned out to be an unexpected month. because the growing market often takes advantage of the news, so those who are well prepared can take over first. and we were trapped by FUD.

Becky666

full member

Activity: 756

Merit: 231

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

What you think this coming month (March) will bring?

No one could be specific about the next month in bitcoin movement but one thing is certain that the bitcoin market can go sideways like the existing Marches. There are much analysis on this thread that support this sideways movement, so, either way the market go we should be more confident on holding unto our portfolios. In my little comprehension, the market won't recover until some coming months becasue of the current chat and it possible support.

ukw

sr. member

Activity: 616

Merit: 250

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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 don't think anyone can predict what the market will bring us in March, but I still think that the bear market may last a few more weeks. It remains to be hoped that it is not too long.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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 don't think March has anything to do with it. It is not March's fault for bitcoin to drop in price. It was all expected!
Since bitcoin was having a bull run it also had to face a correction and it was the right time for bitcoin to undergo correction.
Now since the price is decreasing, buyers have a good option to buy back at dips. Once the correction is over and bitcoin is read for the next ATH it will definitely cross $60k.

just_Alice

hero member

Activity: 1274

Merit: 622

Quote from: Oshosondy on February 28, 2021, 05:21:33 AM

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 there's no need to link Bitcoin's price to seasons, months without any other cause. March is just another month, that's all. Yes, in the history of Bitcoin the market did go bearish several times in Feb-Mar, but it was just a coincidence.

For instance, in the year 2019 in Mar-Apr we've seen quite the opposite: the price went up. IMO it's always better to perform, when possible, deep analysis, compile real facts in your head and look for possible explanations why there were certain changes in price, rather than stick to rumors with no underlying rationale.

Topic: Another month of March - page 5. (Read 830 times)