What are your thoughts on "BITCOIN PRICE - MARCH"?
As far as I can see, most people bet on the "$8,501 - $9,000" range, but more valuable bets were placed on the "$7,501 - $8,000" range, and that's why we have lower outcome odds for this range.
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I personally think that since we are approaching the Halving(around 70 days is left), $10k+ is what we should expect in the end of March.
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~ Wich would be a new Bottom on in hard times? ...i think.. if the price can t cross above of 9500, he , the price, will take a sell-off for to 7K.. 6500.. but its a big mystery.. ~
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.~...and he said that the new bottom is $7,700 currently. We'll see if he was right. At least bettors on freebitco.in, seems think the same, because there are few bets on the ranges below $7,500. There
are some, actually, but most people are betting on $8,000+ ranges.
>>>First of all, thank you for helping us to have a clean price prediction, so that we can make a more accurate bet for the end of March.
see 1Day chart img>>
https://i.ibb.co/8KKKmzd/image.png.
>>>
after analyzing the daily chart and realizing that the volume is falling, but the price has been holding above 8500, it shows us that there is still an intention of the Bulls to try to return with the price above 9300. I think they can even try, and if they succeed there is a small probability that the price will actually close above 10K, even more that the interest rate was cut 0.5% today ... these probabilities increase, but, unfortunately the proportion that the new virus has been taking, we see that the news, that vaccines they are ready,
they liven up the market well ... unfortunately it really interferes.
... but regardless of all that, I still have my "" Guess. that the price may try to form a consistent fund in the 8K region, being it from 7500 ~ 8500 "", and note if in the bets, which are the ones with more guesses .. but that does not mean that the price will be that ..
we're just trying to make a good guess to test our sense of prediction of the future ...
and not lose so many satoshis in wrong bets ..
thanks again to help us building a good analise of btc price.
and by the end of the year I believe it will close above 11500.