Bitcoin 1 Hourly Chart Analysis and VRVP levels.
The 1 hourly chart shows the type of market that we are in.
First, the market pumped to the 20K levels. Right after the daily close, it started dumping like hell and reached below the Point of Control once again. The volume was significant and above the MA(30).
At this moment the BTC is trying to close above the Point of Control.
Below you can see the VRVP levels for Bitcoin on the 1 Hourly.
Point of Control: 19,895
Value Area High: 20,913
Value Area Low: 19544
First, the market pumped to the 20K levels. Right after the daily close, it started dumping like hell and reached below the Point of Control once again. The volume was significant and above the MA(30).
At this moment the BTC is trying to close above the Point of Control.
Below you can see the VRVP levels for Bitcoin on the 1 Hourly.
Point of Control: 19,895
Value Area High: 20,913
Value Area Low: 19544
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