Price guess for March - page 2. | Bitcointalksearch.org

dragonvslinux

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Quote from: BITCOIN4X on March 25, 2023, 01:50:14 PM

Quote from: KingsDen on March 25, 2023, 08:30:44 AM

There were a lot of price guesses and projection this month and many of such speculation did not hold water while a few who believed that bitcoin will climb above 25000 dollars and would likely get to 30,000 dollars this month are the ones that got the correct speculation.

Obviously there is a lot of resistance at 28,000 dollars then I'm not sure that bitcoin will be able to break the 28,000 dollars this month, rather it could drop down to the range of 25000 dollars as it is in the range of 27000 Dollars presently.

Many speculators hoped that $30k in March would happen, but it hasn't. Well I'm not blaming the speculators for how they made their analysis, but it just seems obvious that $30k is a tough resistance to break this month. Also $28k is still hard to hold this month but there seems high hopes for another $30k in the remainder of March.

To be fair though, price reached $28.9K, which wasn't far off! I think as well many anticipated the $30K old support 'level' to be tested as new resistance which is more likely around $28.5K to $30.5K (given the large volume gap between $25K and $30K), rather than reaching precisely $30K. Also it's worth noting that since end of February price has gone from $23K to $28K, so not exactly bad speculation that price could reach $30K by March. Also to note there's still a few days to go, so unless price is to head towards $25K old resistance in order to turn it into support, there's still a good chance we'll see $30K this month...

Jating

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Quote from: StreakW on March 25, 2023, 01:08:04 PM

Since the beginning of March bitcoin has experienced a significant increase in price where the price of bitcoin traded in the range of $27k- $28k. But right now the bitcoin price is still having a hard time breaking through the $30k area. However, while it is still difficult to climb into the $30k area, I don't think bitcoin price is likely to drop below $20k again.

Price had settled to $27k, so most likely this will be the price at the end of the year. Resistance is at $28k for now, sooner or later we are going to break that, but not this March. Of course if has been reached already many times, but it's not sustainable. So it's not like we break it and then we are ok with that. No, it should be a sustainable run, and in this case, it's aren't.

So for now it's could be another test for the bulls on how they are going to smash that barrier again.

Maybe the herds are just gathering for another run in March for $28k-$30k.

BITCOIN4X

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Quote from: KingsDen on March 25, 2023, 08:30:44 AM

There were a lot of price guesses and projection this month and many of such speculation did not hold water while a few who believed that bitcoin will climb above 25000 dollars and would likely get to 30,000 dollars this month are the ones that got the correct speculation.

Obviously there is a lot of resistance at 28,000 dollars then I'm not sure that bitcoin will be able to break the 28,000 dollars this month, rather it could drop down to the range of 25000 dollars as it is in the range of 27000 Dollars presently.

Many speculators hoped that $30k in March would happen, but it hasn't. Well I'm not blaming the speculators for how they made their analysis, but it just seems obvious that $30k is a tough resistance to break this month. Also $28k is still hard to hold this month but there seems high hopes for another $30k in the remainder of March.

Quote from: bestcoins1 on March 25, 2023, 01:41:25 PM

so I would not say that the $30K area would be difficult for Bitcoin to achieve.

Not difficult, but definitely a bit difficult in the short term. $30k failed to break through in a few moves a few days ago, even $29k is still hard to come by. While the price is still sideway between $27k to $28k, there are a few days in March to look forward to a hike.

bestcoins1

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Quote from: StreakW on March 25, 2023, 01:08:04 PM

Since the beginning of March bitcoin has experienced a significant increase in price where the price of bitcoin traded in the range of $27k- $28k. But right now the bitcoin price is still having a hard time breaking through the $30k area. However, while it is still difficult to climb into the $30k area, I don't think bitcoin price is likely to drop below $20k again.

It's not difficult actually, but only hindered by a sudden correction so that Bitcoin is still in the $27k-$28k area. And if in the near future there is another increase in size of a few percent in Bitcoin, I believe the $30K area will be reached by Bitcoin. I believe in this because Bitcoin is an asset that has been targeted by many people to be owned and traded regularly by many parties, so I would not say that the $30K area would be difficult for Bitcoin to achieve.

StreakW

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Since the beginning of March bitcoin has experienced a significant increase in price where the price of bitcoin traded in the range of $27k- $28k. But right now the bitcoin price is still having a hard time breaking through the $30k area. However, while it is still difficult to climb into the $30k area, I don't think bitcoin price is likely to drop below $20k again.

KingsDen

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Quote from: CoinEraser on March 24, 2023, 12:40:23 PM

Quote from: Paul Pogba on March 24, 2023, 11:27:48 AM

It has been more than a week that the price has been at the $28k level, hopefully tomorrow or at the end of this month the price will reach $30k soon, if the price can touch $30k then it is certain that it will make many people panic buy because they hope the price will continue to rise, and this is indeed a fact which had often happened before.

There is currently a lot of resistance at $28k and the price seems to be settling in this area at the moment. Either way, I also hope that the current limit will be broken and that we'll get to $30k this month. That would certainly be a positive signal. However, let's not forget that the price has been going up for the past few days and for a long time it looked like the price wouldn't go above $25k. So even if we don't hit $30k this month, we should be happy with the current price of $28k. Wink

There were a lot of price guesses and projection this month and many of such speculation did not hold water while a few who believed that bitcoin will climb above 25000 dollars and would likely get to 30,000 dollars this month are the ones that got the correct speculation.

Obviously there is a lot of resistance at 28,000 dollars then I'm not sure that bitcoin will be able to break the 28,000 dollars this month, rather it could drop down to the range of 25000 dollars as it is in the range of 27000 Dollars presently.

Dave1

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Quote from: CoinEraser on March 24, 2023, 12:40:23 PM

Quote from: Paul Pogba on March 24, 2023, 11:27:48 AM

It has been more than a week that the price has been at the $28k level, hopefully tomorrow or at the end of this month the price will reach $30k soon, if the price can touch $30k then it is certain that it will make many people panic buy because they hope the price will continue to rise, and this is indeed a fact which had often happened before.

There is currently a lot of resistance at $28k and the price seems to be settling in this area at the moment. Either way, I also hope that the current limit will be broken and that we'll get to $30k this month. That would certainly be a positive signal. However, let's not forget that the price has been going up for the past few days and for a long time it looked like the price wouldn't go above $25k. So even if we don't hit $30k this month, we should be happy with the current price of $28k. Wink

Yes, it's the resistance level, similar to when was $26k was the biggest barrier, we have like 3-4 times to attempt to break that price. But once we got to it, smooth sailing as we go as high as $28k and almost touching $29k.

So that might be the case again at $28k, it's the biggest resistance and it might take as much attempt as $26k.

Nevertheless, there is no resistance that is too big for bitcoin to break. For March, I say $27k will be the right price.

CoinEraser

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Quote from: Paul Pogba on March 24, 2023, 11:27:48 AM

It has been more than a week that the price has been at the $28k level, hopefully tomorrow or at the end of this month the price will reach $30k soon, if the price can touch $30k then it is certain that it will make many people panic buy because they hope the price will continue to rise, and this is indeed a fact which had often happened before.

There is currently a lot of resistance at $28k and the price seems to be settling in this area at the moment. Either way, I also hope that the current limit will be broken and that we'll get to $30k this month. That would certainly be a positive signal. However, let's not forget that the price has been going up for the past few days and for a long time it looked like the price wouldn't go above $25k. So even if we don't hit $30k this month, we should be happy with the current price of $28k. Wink

Paul Pogba

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It has been more than a week that the price has been at the $28k level, hopefully tomorrow or at the end of this month the price will reach $30k soon, if the price can touch $30k then it is certain that it will make many people panic buy because they hope the price will continue to rise, and this is indeed a fact which had often happened before.

Wong Gendheng

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In March there are about kicking again, and in my opinion there are still many surprises that can occur, the current price is around $ 27400 and in my opinion it will be easy to increase up to $ 30k because it only needs an increase of 10%, as we know that 2 weeks ago the price has risen more than 20 % in a day and not difficult to rise 10% a day so that it can touch $ 30K.

btc_angela

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^ Then Coinbase should stand their ground. Nevertheless we have seen SEC now flexing their muscles or any US government against crypto relates personalities and services.

Justin Sun is next and so are other celebrities: https://www.cnbc.com/2023/03/22/sec-hits-jake-paul-lindsey-lohan-justin-sun-with-crypto-violations.html

Quote

The Securities and Exchange Commission has unveiled fraud and unregistered securities charges against crypto founder and Grenadian diplomat Justin Sun, alongside separate violations against the celebrity backers of his Tronix and BitTorrent crypto assets, which included Jake Paul, Lindsay Lohan and Soulja Boy.

And the timing of this hostility towards crypto though, when we have been generating interest from those who have to put their wealth on bitcoin as Store of Value, and hedge their wealth, now comes this news.

bbc.reporter

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Quote from: bbc.reporter on March 05, 2023, 11:29:00 PM

There is also a rumor that the SEC has sent wells notices to many founders and development teams of altcoin and Defi projects.

Coinbase received a wells notice hehe. It appears that this can be considered as proof that the rumor about wells notices being sent to different founders and development teams of altcoin and Defi projects might be true.

In any case, a wells notice is a letter from the SEC that tells the receiver that they will enforce the rules and regulations on them. This might be difficult for Coinbase.

We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead.

Today, the SEC gave Coinbase a “Wells notice” regarding an undefined portion of our listed digital assets, our staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet after a cursory investigation. We are prepared for this disappointing development.

Read in full https://www.coinbase.com/blog/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal

wxa7115

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Quote from: samcrypto on March 13, 2023, 06:08:53 PM

Quote from: STT on March 13, 2023, 05:35:33 PM

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper. Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

We drop during the first week of March but then after this, we are now trading at the price of $24k instantly, so its really hard to see the whole trend this Month but if we are able to break $25k, then we might see the price of $27k at the end of the Month which I totally believe is possible to happen considering its volume right now, its pretty solid.

This month has been all over the place, just a few days ago there was a very intense FUD and then the market recovered almost immediately and the price even surpassed 25k for a time, so it is very difficult to try to predict what it may happen when the volatility is so extreme.

However this is the kind of market conditions traders must figure out, but for the long term holders there is not much to do, except having enough cash on hand to buy the dip.

fadhilz123

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Quote from: Falconer on March 13, 2023, 01:26:16 PM

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

I am indeed a trader in the market, but I do not trade the Bitcoins that I have bought at a low price even though I am currently profitable because I have more faith in Bitcoin for the long term. I only trade with altcoins and any profits I collect to buy Bitcoins even though it gets tiring sometimes but for now I'm starting to enjoy it so I don't complain when I'm tired.

Quote from: salad daging on March 13, 2023, 04:21:26 PM

For traders, maybe this is a very fast profit in bitcoin because in a short time bitcoin is able to go up again, well, whoever has taken this profit, they are quite sure of bitcoin, but like me, I can only try to keep holding it until the price is really high in the next year, or much longer to accumulate.

I'm also still holding Bitcoin very well for the long term and haven't taken any profits at this point even though it's in plain sight. Because I only take profits on the altcoin trades that I have been running and sometimes I also use the profit from the altcoins to buy Bitcoin when a correction occurs because I don't have more dollars to buy Bitcoin directly at any time.

STT

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Good break of a downtrend, justifies the size of the move some but also we move to close the daily bar under resistance today. So it needs to deal with this level now and positively to be convincing in being able to surpass our previous action in this area. We could just repeat to put it simply:

Last week closing bar was also a hammer candle which is usually considered very bullish, so alignment on multiple fronts. The capstone to all aspirations currently is the iceberg overhead 25.5k roughly, if it trades past their consistently buy it for its strength to do so. Some inversely will now want to sell with that idea as a backstop.

Baofeng

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Quote from: samcrypto on March 13, 2023, 06:08:53 PM

Quote from: STT on March 13, 2023, 05:35:33 PM

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper. Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

We drop during the first week of March but then after this, we are now trading at the price of $24k instantly, so its really hard to see the whole trend this Month but if we are able to break $25k, then we might see the price of $27k at the end of the Month which I totally believe is possible to happen considering its volume right now, its pretty solid.

We have to wait, (crossing our fingers), waking out to see the price again on the verge of breaking $25k. But after a few hours, it's on the lows of $24k, still though plenty of time for us for this March. And when we thought that this could be another bad March month, turns out to be some good rally and again, who knows, maybe we can finally go at $25k and be that support line. Of course, when we had 2 digits rally point, there could be some good news. And it was about the US Reserves says that they are going to inject liquidity to the US market. And this is going to be a relieved as it will have a domino effect and we have seen it already as traditional financial markets had good rally today as well.

And here is the official statement from the US agencies: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm

serjent05

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Quote from: salad daging on March 13, 2023, 04:21:26 PM

Quote from: Falconer on March 13, 2023, 01:26:16 PM

Quote from: fadhilz123 on March 13, 2023, 11:19:32 AM

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

While I'm also happy for this pump, at least stock investing is very bullish right now. I had buying opportunities on the dips, apparently only twice during price swings between $22K to $19.5K. Of course this is a strategy I have considered for a long time, but I am not in the mood to sell on the bulls today because ultimately I believe strongly in the longer term projection.

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

At the same time, I took the opportunity to buy bitcoin at a price of $21,000, then when it fell below $20,000 I bought it again to make the next entry and the results were quite satisfactory, indeed the price of bitcoin recovered at $24,000 after a lot of rumors about FUD, now it is estimated that it can survive likely to touch $25,000 in March.

I also think that the price of Bitcoin will likely to touch $25k this March. I believe that the negative effect that made Bitcoin to plummet to sub $20k recently had already pass and now Bitcoin is about to recover and this recovery may bring a bullish sentiment to the market that can help BTC price to touch $25k.

Quote from: salad daging on March 13, 2023, 04:21:26 PM

For traders, maybe this is a very fast profit in bitcoin because in a short time bitcoin is able to go up again, well, whoever has taken this profit, they are quite sure of bitcoin, but like me, I can only try to keep holding it until the price is really high in the next year, or much longer to accumulate.

Yeah for those who are able to buy when bitcoin price goes down to $19k+ a fast profit indeed since Bitcoin is now trading in $24k+ that is a 38%+ profit in just a matter of a few days.

samcrypto

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Quote from: STT on March 13, 2023, 05:35:33 PM

Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper. Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

We drop during the first week of March but then after this, we are now trading at the price of $24k instantly, so its really hard to see the whole trend this Month but if we are able to break $25k, then we might see the price of $27k at the end of the Month which I totally believe is possible to happen considering its volume right now, its pretty solid.

STT

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Very hard to guess price when its so erratic like this, we struck the 200 day average and bounced high enough to clear a skyscraper. Thats beyond normal, I presume news of bailout and various other actions perhaps helped power that some plus it just doesnt make too much sense to force BTC lower after we have already traded this area for months.

salad daging

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Quote from: Falconer on March 13, 2023, 01:26:16 PM

Quote from: fadhilz123 on March 13, 2023, 11:19:32 AM

Those who took the opportunity to buy at $ 20K a few days ago were of course very happy when they saw the price of Bitcoin today because it has increased by almost 20% and that is what Bitcoin investors and traders are really looking forward to. Because the profit will be very good if in these two days Bitcoin is able to pass the price level of $ 25K again.

While I'm also happy for this pump, at least stock investing is very bullish right now. I had buying opportunities on the dips, apparently only twice during price swings between $22K to $19.5K. Of course this is a strategy I have considered for a long time, but I am not in the mood to sell on the bulls today because ultimately I believe strongly in the longer term projection.

But if you love to trade, then this is the time for you to take profits instead of being too wait for higher profits. The price could still go down even though today it has hit some resistance, but this is a natural dynamic in bitcoin.

At the same time, I took the opportunity to buy bitcoin at a price of $21,000, then when it fell below $20,000 I bought it again to make the next entry and the results were quite satisfactory, indeed the price of bitcoin recovered at $24,000 after a lot of rumors about FUD, now it is estimated that it can survive likely to touch $25,000 in March.

For traders, maybe this is a very fast profit in bitcoin because in a short time bitcoin is able to go up again, well, whoever has taken this profit, they are quite sure of bitcoin, but like me, I can only try to keep holding it until the price is really high in the next year, or much longer to accumulate.

Topic: Price guess for March - page 2. (Read 792 times)