Psychology behind the candles: -FEB candle approving buyers in the marketafter 3 months of consecutives bearish selloff -Currently, last week for March closure...Price trading at the highs of FEB with 2 weeks of strong bullish sentiment -Daily timeframe, potential breakout of the [37k-45k]trading range. -45k declenched an auto-sell multiple times but now we can notice the consistency of buyers at the resistance -First potential target is 50k-55K range -Invalidation of this analysis with a strong failure around 45K.
BTCUSD - 46K Zone Likely Next