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[ammu40]

Bitcoin ended February up by 0.9%, at $23,200, and has started March with a rise to $23.7K. Despite March being an historically weak month for the cryptocurrency, with an average decline of 15%, the strong growth in January and February suggests bullish sentiment. A weekly consolidation above $25K could confirm this outlook. According to Bernstein, weakening correlations with the US stock market and macro events are a positive sign.

 

[BusyCat]

Yes, 30K$ and even over 50K$ in the time of one year, maybe I am confident and I could believe in it. But please, NOT Millionaire illusions on this milestone cryptocurrency, because in my opinion these remain only dreams!

Yeah , it's just good to only say bitcoin can reach millions which is not possible except in dreams. Even bitcoin reaching $100k is not far from a dream. It all depends on how well the countries adopt new technologies like bitcoin.

 

[Gamer01]

Not even $100k but it can reach a million as year but in the year 3000 in which the earth and us will not be alive to actually see it or take any benefit from the situation so we should not worry about it and do our work instead

 

[gammarays]

According to analysis from history, Bitcoin usually faces difficult situations or loss in value during the month of March. The same scenario played out this year but it still rose in value towards the end of March. It's currently above 30k now.

 

[ammu40]

According to analysis from history, Bitcoin usually faces difficult situations or loss in value during the month of March. The same scenario played out this year but it still rose in value towards the end of March. It's currently above 30k now.

Yeah, it's unbelievable. From last 30 days it increases over 23%! It even showing good growth in March-April months. To inform, one month ago the price was a bit above than $24K.

 

[highspeed]

Yeah , it's just good to only say bitcoin can reach millions which is not possible except in dreams. Even bitcoin reaching $100k is not far from a dream. It all depends on how well the countries adopt new technologies like bitcoin.

Indeed, as for now the countries of El Salvador and the Republic of Central Africa are doing. Although initially this new perspective of the double currency was creating confusion in the population, I believe that like everything, over time it will become habitual.

 

[gammarays]

Yeah, it's unbelievable. From last 30 days it increases over 23%! It even showing good growth in March-April months. To inform, one month ago the price was a bit above than $24K.

Yes it's making signs of a great move up. With the recent issue affecting USD, it'll benefit immensely when people move their funds to crypto. That's what everyone is expecting. At least it's getting to 50% of it's all time high of 64k USD.

 

[highspeed]

After a decidedly negative 2022 for Bitcoin, that I consider the milestone of every cryptocurrency, we can observe since the beginning of this new year an unexpected increase in its value of over 80%. So in my opinion, the prospects of Bitcoin for this current year 2023 are good.
Do you agree with my opinion?

 

[Gen Evie]

They predicted that Bitcoin could fall to $5,000 levels in 2023. Experts believe that the rising interest rates and tighter monetary policy will not allow Bitcoin to rebound sharply in the near future. As in this kind of uncertain market, investors will not prefer to invest or buy risky assets such as Bitcoin

 

[Riberet19]

They predicted that Bitcoin could fall to $5,000 levels in 2023. Experts believe that the rising interest rates and tighter monetary policy will not allow Bitcoin to rebound sharply in the near future. As in this kind of uncertain market, investors will not prefer to invest or buy risky assets such as Bitcoin

You are right, I do not think it can fall to $ 5000 but if maybe $ 10,000 or something below, interest rates have begun to impact, we are not in an economic situation like previous cycles ie expansive we are in a restrictive and contractionary economy, but there are people who do not realize, and still sees Bitcoin in the next year at 100k, I really don't know what happens to those people.

 

[PassiveEarner05]

Bitcoin ended February up by 0.9%, at $23,200, and has started March with a rise to $23.7K. Despite March being an historically weak month for the cryptocurrency, with an average decline of 15%, the strong growth in January and February suggests bullish sentiment. A weekly consolidation above $25K could confirm this outlook. According to Bernstein, weakening correlations with the US stock market and macro events are a positive sign.

I'm just gonna say it I have legit zero interest in what happens with Bitcoin, but if people profit off of it and use their money for good causes, then that by itself is good. I'm not that actively into it these days, but that's just what I know.

 

[Riberet19]

I'm just gonna say it I have legit zero interest in what happens with Bitcoin, but if people profit off of it and use their money for good causes, then that by itself is good. I'm not that actively into it these days, but that's just what I know.

Well then I guess it's because you don't invest in it, there are many people who have faith in its future development and in its being an alternative to the rotten banking system we have today, we can see all the bankruptcies and takeovers of other bigger banks that seem to have been agreed, everything is upside down and Bitcoin will probably not be saved from the catastrophe, but at least it has a clear purpose even if it is also quite manipulated.

 

[Wisdom01]

The declines in Bitcoin would actually not spend much time , because have already encountered series of decline , but it have always had that comeback , that's exactly what I noticed Thereabout in the coin

 

[Gamer01]

Most of the time bitcoin has an repeating history and sometimes it follows the trends as well so that is why you need to make sure that you adhere properly to trends end you might lose up money on bitcoin you have to time the markets perfectly to have any chances of winning actually indeed .

 

[GoldenLady]

March in the coming year 2024 is the month before the expected Bitcoin halving and it would be exciting to see what effects that would have on price.

Currently, we are in the prevailing rally with so much euphoria, but this is usually followed by a dump no matter what we want. I'm actually waiting for that time to buy lower.

 

[Gamer01]

We can never say anything at the moment possibly actually because the history says so but it is not necessary that such things repeat there are good % of chances that it can change history and can keep climbing this year and can make a new record pattern anything is possible actually indeed to be honest .

 

[Wisdom01]

Many taught that the price would obviously fall , but I guess the last months and this month the price have been building , it's good to see that the price is actually on a prospect of increasing hopes it continues better

 

[IB DD]

There are two factors that I think on combination are always responsible for the decline of bitcoin most March of most years. It could be because the fiscal year if most countries end around march. People would try to sell their bitcoins and offset due taxes.

Another reason I think is that after making profits with bitcoin early in the year between January and February, most people would like to lock in profits to close the first quarter of the year.