Topic: BTC Sentiment Poll for March - page 3. (Read 458 times)

We might see some corrections for this Month and I think its already happening, if we are able to hold on the price of $20k then we might survive the first quarter on a better price level.

I’m still bullish and see that candles as a good one for Bitcoin, we might not see any bottom price anymore probably we are just waiting for this correction to stop before pumping again.

I don't think it's necessary to compare prices with the last few years, but the start of the new year has given indications of a high price recovery, this year the $25k area has broken and currently the market is correcting due to the previous increase, so the $28-30k barrier will be reached on the next recovery high and price will cross $25k within this month, I believe in that prediction.

I assume $20k is the lowest support area and hopefully don't reach it, if price range doesn't drop below $23k during correction phase then most likely price will increase significantly in next few days market signal will be waiting for bull market and forecast Q1 for this year we will see prices above $30k.

I thought that breaking the barrier at 28K would be the hardest, as it has been a bottom for a long time since the barrier of 19K was broken for the first time several years ago.
In general, if this happens during the next few months, the price has not lost much if we measure it within a year.
I tend to keep the current price as it will be between 23k-24k.

That's the hope now, $100k on the way.
Negative sentiment about the current market is also starting to set in so some worries are emerging among traders and holder. I don't have the best idea other than hold and hold and ignore the negative sentiment, however it is good to stay optimistic about the future. Although we can't say for sure how much it will cost in the next 1 to 2 years, but we are already prepared for the possibility.

I would agree with those saying that Bitcoin will likely rise from here.  I think this is probably the last dip to buy into before the price rises above $25K and makes a run at $30K.  Still just the beginning of this bull run which I believe probably has 2 years to run from here, but if you're a catch the bottom kind of guy you already missed it at $16K and you're about to miss your last chance to buy in below $25K.  Sure, there may be a few dips here and there but make no mistake about it, this market is headed to over $100K in the next 2 years and it's not about how cheap you can buy in, it's about how much you can buy before it happens.

The monthly candle looks very optimistic, bouncing back from support. I don't know if the market will be positive in March, but technically it all looks good to me. I hope the crypto world won't have any more big scams and we will have a smooth uptrend to halving followed by a bullish run. But I'm looking at this March positively.

Above but I think it might hover around $25000-27000 for the remainder of the month. $30000 will be the next hurdle we need to jump and I expect a few months of resistance before going on a small bull run leading into the new year. I think that is a realistic expectation but who knows positive news or negative news might propel us in another direction.

For anyone interested in that end of Feb analysis based on the monthly candle, aside from the neutral outlook and bearish/bullish factors:


To me the candle resembles more 2012 than 2017, as price was still down -85% from ATH after bouncing from the lows (-93%), as opposed to 2017 just below ATH. What followed was a +1% monthly candle lol.


Based on February close, I'm relatively neutral again now with bears & bulls failing to move prices higher or lower by the end of the month, until there is further confirmation with a price move in either direction.

There is strong bearish divergence on Daily chart that's difficult to ignore, as well as continued rejection from bearish trending 50 Week MA currently at $24K (third consecutive week now), so I do think if $23K support will break then the next level of support is around the 200 Day MA at $19.8K. But otherwise if bulls can reclaim $24K in the coming days/weeks, then breaking $25K towards $30K seems much more likely.

So while that is pretty vague, I do however think that if price can break $25K then we could easily have another +40% move to $32K, as it would confirm February candle as a consolidation/continuation doji, as opposed to a trend reversal / bullish exhaustion candle. The irony being it's too early to tell until there is confirmation in either direction imo, even if bears might have the upper hand in the short-term.

Above. I'm short term bullish (next 2-3 months). The recovery we already had is nothing compared to amount of pain we have had before. We did not even hit a 0.236 fib lvl yet (long term from top to the bottom). There is a lot to space to go up even if its not the beginning of new bull run and we are about to see a new lower low few months after.

^  Been doing these threads since last year and I would like to continue doing them.  Thanks.

Before you post, especially about bitcoin monthly speculation, it is good to check if anyone else has posted about it, this topic is just 4 topics always from yours

Price guess for March

Dragonvslinux made a good post in the Feb sentiment thread about how BTC ended up mostly neutral with the smallest monthly gain...  But he also said that there were a couple of spots when it closed the month the same way and went on to go up the next month.

So what do you guys think?  Up above 25k USD by end of March or still below it?

Here's how monthly chart ended for Feb.