BTC analysis!
Keeping it simple this morning will make it easier to track price action throughout the week.
I drew a fixed Volume range from February 2021 until today's price action. If we look back to April this year, the $47K high was put in at the point of control of this entire range. Currently, the price is hovering just below the value area low, and the old weekly area, which is a must break and hold region to see a rotation back up.
We also have 2 CME gaps close by the $29K region & $36K region
Patience will be necessary this week to see if we get a reclaim of the zone mentioned above.
Also, there has been 8 Weeks of continuous selling which makes a relief bounce more likely.
@Whalescryptovip
