TF: D
BTC is currently setting up to what appears to be another move lower from the current corrective pattern. An area of interest for price reaction is the 0.5 extension from the last move down (~$31,900 to ~$24,8050). This area aligns with the volume profile POC from the ~$15,600 to ~$31,900 move to the upside and the 0.618 retracement of that move.
Details can also be found in the text on the chart.
BTC is currently setting up to what appears to be another move lower from the current corrective pattern. An area of interest for price reaction is the 0.5 extension from the last move down (~$31,900 to ~$24,8050). This area aligns with the volume profile POC from the ~$15,600 to ~$31,900 move to the upside and the 0.618 retracement of that move.
Details can also be found in the text on the chart.