BTC, global and local chart analysis. Follow these scenarios!

Today we will conduct a local and global analysis of bitcoin.

Globally, there are several situations that can be highlighted. On January 13, there was a false break of $44,330 and then we saw a strong drop of 25%. After that fall, the price returned to previous price levels. On the 10th of February, the price tested a huge value area after which there was a correction.

Locally, the price is in a trading range. Several scenarios are worth highlighting. The price has now broken through the support level of $43,300 and tested the level of $42,900. The appearance of big volume in Footprint and a false break of $43,300 level will be a good signal from the buyers and means that bitcoin will continue its upward movement.

A return to $41,800 and a squeeze near that level would be a bad signal. Signal for a breakout and a liquidity collection below the local trading range.

Still, a squeeze and a break of the $45,500 level would be a good buying opportunity. A squeeze and break of 41,780 would be a good selling opportunity.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.