#Bitcoin Technical Analysis
Summary
As you can see in the chart with the volume profile we have 3 large liquid areas with trading volume.
The 8k area where we are, the 6k area and the 3k area
Daily Time Frame
We have a chartist structure of descending channel and as you can see in the image the levels are respected
4h Time Frame
In smaller time frames, we can observe the level-by-level distribution, and that we are now at the highest volume point of the last 365 days.
1h Time Frame
Personally I think that the $ 7300 area could be retested, before starting to draw a new pattern.
Thanks for watching !!
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