I think March will be all about figuring out whether the price can test $300 and sustainably squeeze past
I agree, with this guy.
The last 2 times we breached $300, we rapidly crashed back down (within 24 Hrs). I hope this time is different and we sustainably stay in the $350 range.
As a trader - I am being cautious at the moment to see if any concrete volume/news occurs to promote this drive. So far, nothing yet - therefore it's possible for the price to crash again like the last 2 times.
I'm not sure I would call the second price movement after the recent $300 breach as a "crash"
We shot up over $300, and retraced back down to $290 before resuming back up quickly to that mid-$290 range. It looked much different from the early January run-up to $300, and then huge retrace, although even in that instance we ended up higher than when the run-up started.
The action this past week seems just like healthy positive movement, pushing upwards, some selling and then settling in before the next movement.
As for looking for positive news, there's been plenty in the past week that has come out to suggest much higher values for BTC are likely in the future - and is probably undervalued at the moment.