Bitcoin - detailed Analysis of Volume & Price Action - CryptBROLet's start just from a volume perspective without any significant price action Level.
1.
Volume profile of visible range:
Ond the right side we see volume bars which gives us a visualization on which level much volume was traded. The most traded volume level is the point of control (red line; biggest bar).
The point of controll gives us a bias. (Below POC = bearish bias vice verca)
The week closes BELOW the POC which increases the porbability that bitcoin will test prices below current price.
