All macro fundamentals aside lol btcusd may have found bottom of the two week range.
The width of volume profile POCs have been documenting the high low of bitcoin's range, while the volume profile, voids! (vpv) are providing reversal levels on most time frames, most of the abrupt reversal levels coming in at ltf ema confluence, we see the high (auto rally) after that huge drop from 69 at 8/22 of two deep voids highlighted on chart and the low (supply trend bottom)15,237 has yet to hit, if in fact price at the deep vpv reacts the way price has been to these vpvs, btc should start its bullish retrace.
from a vsa stand point; in confluence with the vpv reversal levels, volume has been ramping up to meet the low, it is arguable that the 2 week volume spread is all bull volume as the lower tfs are more accurate with bull bear volume, ie; 4 hour time frames are showing signs of strength/ accumulation, this passed few months have seen, no suppy float price up to resistance levels/ highs of smaller range, only to be sold off, watching close.
peace freddy
ps trade safe and dyor
The width of volume profile POCs have been documenting the high low of bitcoin's range, while the volume profile, voids! (vpv) are providing reversal levels on most time frames, most of the abrupt reversal levels coming in at ltf ema confluence, we see the high (auto rally) after that huge drop from 69 at 8/22 of two deep voids highlighted on chart and the low (supply trend bottom)15,237 has yet to hit, if in fact price at the deep vpv reacts the way price has been to these vpvs, btc should start its bullish retrace.
from a vsa stand point; in confluence with the vpv reversal levels, volume has been ramping up to meet the low, it is arguable that the 2 week volume spread is all bull volume as the lower tfs are more accurate with bull bear volume, ie; 4 hour time frames are showing signs of strength/ accumulation, this passed few months have seen, no suppy float price up to resistance levels/ highs of smaller range, only to be sold off, watching close.
peace freddy
ps trade safe and dyor