BTC
February ended with a rather bearish monthly candlestick, completely breaking the 0.5 Fibonacci level.
This means that March has a very high probability of reaching the February low (PML) at 60k and the 0.375 Fibonacci level at 57k.
March opened at 66973.
The 2021 highs are causing the price to consolidate momentarily... Let's see how long this lasts.
If, for any reason, the price decides to rise from these levels, then we'll have to pay close attention, first to last year's low (PYL) at 74500 and then to February's high (PMH) at 79360.
These are the relevant liquidity levels, where we'll find the best opportunities.
Right now, we're in the middle of a range... and you know that trying to trade here almost always has negative consequences.
Patience and discipline, Buscadores !!
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