Topic: BTC Sentiment Poll for March - page 5. (Read 1251 times)
The longer it goes up, the more like it to correct, that's the rule. Reaching the peak of the cycle will never be a single upstreak, there will be major corrections. Halvening is typically a sellf-the-news event, so if by then there will be no correction I expect it to happen during or after it. But I think that already in March a correction is very likely, if it would happen now it would bring the price to around $45K. Also, the ATH will be a major psychological barrier at which some investors will take profits.
So as I write this post Bitcoin passes $67k ↓ doesnt that weekly chart look impressive?
This influences my sentiment for March! I think we are just going to keep going up,
there will be a few breathers and some long and short liquidations but overall its
going to be a super bull run.
Its still over a month to go before the halving and breaking the ATH this week
is a reality. Something which has never happened before.
This influences my sentiment for March! I think we are just going to keep going up,
there will be a few breathers and some long and short liquidations but overall its
going to be a super bull run.
Its still over a month to go before the halving and breaking the ATH this week
is a reality. Something which has never happened before.
Considering the way price is rising rapidly every day setting a new record after a long period of tiny rises, we can already say we are in a bull market with a very nice momentum that I don't think is going to slow down that easily.
Ser, if someone told you that at least one government entity, that's not El Salvador, has started purchasing Bitcoin to HODL in their vaults, what would be your opinion? Would you believe it?
Because Bitcoin, as a financial asset, has become more Gold-like than Cash-like, government entities might be starting to bid. Plus Bitcoin might have changed from the way Satoshi wanted the network to be, but that's because of the whole design, from the incentive structure to the transaction throughput.
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.
It’s seriously the safest way out of this, leveraging at this period will require a very tight stop loss to me. Look at the liquidation heat map you will see how much has been liquidate due to leverage.
For the price speculation, I will be speculating a new all time high before bitcoin halving. It could be this month because the hype is still massive at this period of time and with halving coming up soon many will want to bag more, while newbies will FOMO. I had expected a huge price correction at $60k mark but with that resistance and that of $65k broken. Before the end of March I see us hitting $70k and then a big corrections will take place
The price of bitcoin has been pumping rapidly for a while now with little correction and you can see quite the resistance to break out of the 62k range, I'm quite expecting a major correction before or after this month cause in past times bitcoin price normally dumps before the halving temporary, but I'm not quite sure when this would happen, it's also possible that bitcoin would dive into 70k before this dump happens or even higher and I think the dump should last for up to a month before or in the halving, it's just my speculation no real facts to back up the hunch.
Considering the way price is rising rapidly every day setting a new record after a long period of tiny rises, we can already say we are in a bull market with a very nice momentum that I don't think is going to slow down that easily.
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...
With the way Bitcoin has started to rise, an all-time high is not far off. Currently, the market is in the $62,000 range. Two days ago we also saw the market standing at $64,000. If it stays at $64,000, then the price will not have to rise much further to touch the all-time high. If it doesn't reach all-time highs right now, I think Bitcoin will definitely reach all-time highs in the upcoming bull market, but it is estimated that Bitcoin can go from $150k to $170k in the bull market. My point is that market analysis alone will not be enough for us, we must invest along with market analysis. If we can go ahead with the investment, our predictions will come true. 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...
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.
So in my opinion the current small correction marked by a bearish pattern such as a double top or head and shoulders can be considered a dip signal, however conditions like this are temporary and can be considered as a market balancer for further bullish growth as you also mean and that also makes sense in my mind.
Referring to temporary polling data and differences of opinion in terms of predictions for the BTC Sentiment Poll for March above where the results of the dominant poll conducted by the OP showed 62.5% said that at this time no, in my opinion it is also temporary because it refers to what has happened before, once Again I am very confident that BTC for March will be able to achieve this and we will see Monday how the market reacts again
Bitcoin price will surely rise by the beginning of March and the possibility of touching 70 is very high. And once it touches 70, Bitcoin price will be dumping because the halving time has arrived. This halving time will create an opportunity for investors to marry, this is the opportunity for all investors to invest their money as the peak bull market of 2025 awaits. So I think the price of Bitcoin will definitely increase early in March.
Consolidation of range back to 58k and upto ATH I think is a reasonable boundary of movement. Presently theres a flag formation indicating further possible movement upto the ATH but I think we do level off with some selling at that point in time.
Its been going sideways so much its got many moving averages running in its path. When we get the weekly moving average catchup that might promote more movement then now, its a period when usually traders close out any position not earning for them even if its not losing either because all trades cost in leveraged interest and capital requirements so time is money. That would be 58k but 50 day average if we were wanting to touch that base first is all the way at 50k and will take more then a week or so to arrive at current price action so that might be the best guide for March now.
Its been going sideways so much its got many moving averages running in its path. When we get the weekly moving average catchup that might promote more movement then now, its a period when usually traders close out any position not earning for them even if its not losing either because all trades cost in leveraged interest and capital requirements so time is money. That would be 58k but 50 day average if we were wanting to touch that base first is all the way at 50k and will take more then a week or so to arrive at current price action so that might be the best guide for March now.
Goodness me, that Bitcoin price chart certainly resembles a rocket ship preparing for blastoff! This impressive upward price action seems rather extraordinary based on recent market activity. Perhaps we are on the cusp of witnessing fresh all-time highs before month's end? If so, should we fasten our seatbelts?
I shall refrain from making further market predictions (they're usually wrong anyway)!
I shall refrain from making further market predictions (they're usually wrong anyway)!
Bitcoin price has increased in the past such as the highest Bitcoin price increase since the beginning of 2024. So there is a possibility to get bound in March, another 1 step Bitcoin growth and possibility. If this step increases the price of Bitcoin, it will surely touch $69k
Bitcoin price is bullish as the highest price has been touched for halving, an early sign of the current bitcoin price increase is that the future bitcoin price has reached an improvement level. $150k to $170k was much more likely, as the price was certainly more likely to touch $69k in the current month prior to this bitcoin hiving in March.
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.
This March, I suspect, is still closely related to the situation at the end of February. Yesterday the price should have reached $64K but was unable to break through and returned to $60K, even though now as I write this the price still feels reluctant to go above $63K.If the situation at the beginning of March or in the first week of March is still like the current situation, my estimate is that March will not be the same as what happened at the end of February.
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.
]
As we can see bitcoin is breaking grounds this month of March. As we see from the chart just this two days in match from 61k it took a move to $64k and then a reversal interplayed that the price dropped to between $59k and $60 where it seems like a support point to me with a current consolidation price at $61 am not sure any reversal is reoccurring anymore then next is going to ba above the previous ATH thereby creating a new ATH upwards. ]
Goodness me, that Bitcoin price chart certainly resembles a rocket ship preparing for blastoff! This impressive upward price action seems rather extraordinary based on recent market activity. Perhaps we are on the cusp of witnessing fresh all-time highs before month's end? If so, should we fasten our seatbelts?
I shall refrain from making further market predictions (they're usually wrong anyway)!
I shall refrain from making further market predictions (they're usually wrong anyway)!
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.
I really hope so that all your suspicions will materialize because I already advanced booked a vacation to prestigious island resort to my country on upcoming December using my current profit that I take on some of my holdings.
I’m expecting this mega bull run too on next year. This is the reason why I still hold the majority of my Bitcoin holdings that I purchased since 25K and DCA until 40K. There’s still part of me that an unexpected major correction will come before we hit this kind of bull run tho because many of this trader from ETF might possibly a weak hands because they should be buying real Bitcoin and hold hit to non-custodial wallet if they really want to invest on Bitcoin genuinely.
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 $70k, and print a new ATH at this halving moment.
Even if Us does not sell the confiscated bitcoin now, because the amount seized is quite a lot and will affect the bitcoin trend, but I'm pretty sure if that's the goal of selling, they will sell during the halving or a few days after the bitcoin halving, if the goal is to sell to the market.
Even if Us does not sell the confiscated bitcoin now, because the amount seized is quite a lot and will affect the bitcoin trend, but I'm pretty sure if that's the goal of selling, they will sell during the halving or a few days after the bitcoin halving, if the goal is to sell to the market.
Hard to say what to expect from this month of March... Bitcoin price just increased too much in a very short time interval to 62,000$. 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.
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.
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.
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.
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