Good afternoon! Friends, do you think bitcoin has recovered and will it go up in March?
It's not entirely recovered, there's still a long way to go for that. It's dipped 10-15% the last day or so but that's probably just because it was facing a lot of resistance at 12k. The same sort of thing happened with 8, 9 and 10k but each time it returned to break the resistance.
We haven't broken $12K yet and its looks like a big wall in front of us. We will reach as high as $117xx and then it will goes and dip again. I have noticed this pattern in the last couple of days, but I do hope that it will be finally surpass at the end of the month. So its going to be a tough.
So its really hard to say what will be the price but eventually we can catch up and settled around March. Maybe we could get around the are of $12K-$15K.