Bitcoin (BTC) traders are waiting for the end of rangebound price action, with the focus on $70,000. However, an optimistic forecast suggests that the low $80,000 zone could return into play by mid-March. Despite failing to break out of its local trading range, BTC/USD traders remain cautious about potential price breakdowns. Traders have also identified areas of high potential liquidations as the next short-term price targets. Cointelegraph reports that significant resistance is expected to halt any BTC price advances beyond the $70k mark.