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❕NEWS Will Bitcoin Face March Challenge with a History of Declines! 🤔

A

ammu40

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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 had no idea there were specific times when Bitcoin usually rises and falls in price. But we can't make conclusions based on that because we know how it usually surprises us in ways we do not expect. I would not bank on this fact.
 
The price of bitcoin has exploded after some news such as Chanpeng zhao's acquisition of 1trillion dollars in bitcoin ethereum and BNB, this seems to have triggered FOMO in the crypto ecosystem while yesterday the traditional markets for the most part were a mess and known as a Black Monday
 
In fact, after a 2022 decidedly to be forgotten for Bitcoin, the new year has started decidedly in the name of optimism for what at least I consider the best Cryptocurrency. In fact, in just one month its value increased from 16.6 to $23.15K$.
 
The March curse is already in motion. Crypto is facing a blood bath with Bitcoin and altcoins taking a hit. It's said according to analysis that crypto will continue going down ward. Maybe the Hong Kong news will save the day.
What is Hong Kong news all about? Seriously, people need to halt on investing in Bitcoin. The highest they should do is to be trading on the coin. The way the coins is going downwards, there may be more to experience.
 
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. ........ stock market and macro events are a positive sign.
I have not checked in the recent times. Yet Bitcoin was in a Bullish phase since January and probably in February.
I hope it continues that phase.
 
Bitcoin has been slowly climbing back towards the bullish direction. As at today, btc is valued at 28k dollars whereas it was 23k dollars a month ago. I believe it will further decline next month before going on an extended bullish run.
 
Above $27k and counting so bitcoin has proved that it is acting against the history this time out of the equation and may has also been the month that has been similar for bitcoin in the past let's hope what happens next in may indeed
 
Bitcoin takes rise in this month which break the history records that it does not rise in the month of March. We are already in the last day of the month. Let's watch out for the outcome and next morning.
 
Anything can happen, the uncertainty is so great right now in the market and the price has been stopped for a few weeks without making almost any movements, and when this happens is that the price is about to make a move, since every week that passes without movement the price compresses more and more.
 
No,I do not think so.The market capitalisation of bitcoin has decreased by more than half since its peak and the daily traded volumes have decreased and are still decreasing.There are more investors liquidating their bitcoin on exchanges than they are those buying it.Investors prefer holding their capital or cash in safer investments like stablecoins USDT and USDC which caused a large increase in their market caps in the past year.So the bitcoin market lacks buyers than can take it to 30k.More buyers are needed in the market and there is need for investors to hold their capital long term and prevent frequent withdrawals for bitcoin to rise.
 
i really have fears on the way the price of Bitcoin is going to be boosting in coming days , investors should be Ready , it might either go up or down , I think the last time I checked the price was trading at $28k
 
i really have fears on the way the price of Bitcoin is going to be boosting in coming days , investors should be Ready , it might either go up or down , I think the last time I checked the price was trading at $28k
We probably have a rise towards levels of 31 or 32k but there could have a reversal since there is an important gamma wall, I think there is more chance that we go up to that area and test than to go down from where we are, but anything can happen, let's look at March, everything looked bad for that month, and we've had a super positive month
 
We probably have a rise towards levels of 31 or 32k but there could have a reversal since there is an important gamma wall, I think there is more chance that we go up to that area and test than to go down from where we are, but anything can happen, let's look at March, everything looked bad for that month, and we've had a super positive month
Currently it's at $27500 , although I am still watching and expecting the volatility set up that would happen to the coin this time ,I really would have love to see the price boost more , atleast investors would earn more
 
Currently it's at $27500 , although I am still watching and expecting the volatility set up that would happen to the coin this time ,I really would have love to see the price boost more , atleast investors would earn more
The volume is decreasing, this can be an indicator that tells us what is happening, investors are probably getting bored of this very sideways movement and are waiting for a movement to re-enter, even me, I am really bored of seeing Bitcoin that looks like a stablecoin.
 
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.
It does suprise most crypto traders that crypto didn't fail in the quarter of 2023 as predicted by most cryptocurrency analysts. This shows that crypto is unpredictable. Bitcoin rose to its highest price last month ever since last year June.
 
In fact, after a 2022 decidedly to be forgotten for Bitcoin, the new year has started decidedly in the name of optimism for what at least I consider the best Cryptocurrency. In fact, in just one month its value increased from 16.6 to $23.15K$.
Now it is heading towards $30k mark and there has been a good rise in the price of Bitcoin from March to April till now. Experts say bitcoin can go beyond $35k somewhere by the end of this year. I hope bitcoin will be adopted worldwide , which can significantly cause it to reach all time high.
 
Now it is heading towards $30k mark and there has been a good rise in the price of Bitcoin from March to April till now. Experts say bitcoin can go beyond $35k somewhere by the end of this year. I hope bitcoin will be adopted worldwide , which can significantly cause it to reach all time high.
Yes, 30K$ 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!
 

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