Bitcoin| Multiple Views

View 1: Taking a look at the volume profile of BTC from peak to trough, we can see the key areas of high volume, which also serve as strong resistance and support zones.
More recently, price has retraced and rejected(resistance) the POC (Point of Control) which is the area with the most trading has taken place.
From that level, price has since broken through two (2) areas of high volume which would have served as support and is now sitting a few % above the next.

Price has been in a range since the year has started so I decided to check the volume profile of that, excluding this minor leg down to see which zones would serve as support that could potentially coincide with the first VP. As it stands, that level is in and around 38k.

HOW DO I USE ALL OF THIS INFORMATION

• Because I can clearly see which levels are more probable to serve as S/R, Once price falls @ or near a volume spike, this is where I would prefer to buy ALT coins with strong charts/narratives.
  
  
  
• As price rises to an area of high volume, this would be the time to either take profits or protect downside risks by trailing with stop limits. If price continues up, then great, however, if price rejects from these levels its usually likely that they retrace for a bit - which is what we've seen recently.
  (^^ check out my idea on rune to see how I've been utilizing this thesis there: www.tradingview.com/...EUSDT/o43wZym8-RUNE/)
  

Summary of the above: I only want to make big decisions at or around the levels marked, as there is no way possible to exactly time the market.

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Daily View of above.

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View 2:
Sell in May and go away..

In the above chart, using a fib @ points from Dec 26 to Jan 11, we see that those retracement levels are still valid, and have mapped out some key support and resistance. Seen in red is a daily trendline that has been tested and rejected multiple times. Price has now come back to the trendline and currently price is finding support.
Historically, May is a bad month for assets in general due to the seasonality of big players de-risking for multiple reasons very inclusive of vacation and time off for PMs. There is ~20 days left until the beginning of May and price is at a vulnerable state. As time draws closer to May, it would be in best interest to do the same as many do and de-risk - or flip short until the dust settles and a clear and viable decision can be made moving forward.

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View 3:
Key Levels from OH/OL perspective (IMO)

The chart above displays key areas of interest utilizing the opens and closes of 4H, 1D, and 1W levels, along with consideration for harmonic and chart patterns.

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View 4:
4H view of the range.

The above displays a 4H view of the range price has been in for the duration of the year. This 4H chart shows a lot of detail in terms of what has been happening to price over the past few months. Quite a few times in the earlier part of the range its easy to see a number of unnatural imbalances/impulses (shaded blue), where price has had to pull back and fill out those levels. Since ~March 13, it's in my opinion that that's where we've seen the most natural price movement and sustained volatility. However, it was brought to our attention that it was indeed the Do Kwon TWAP that was manipulating (so we hear). Regardless, it takes quite a bit of money to manipulate price upwards, but when that buying stops, it takes considerably less for price to fall back down to fair value - which we've seen.

From this perspective, I would prefer to buy at the 38% level ~38k, or until price can settle and find STRONG support above the 0% line.

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View 5:
As seen in the chart.

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When I say "BUY" at xyz level, Im not specifically saying I want to buy BTC, but a coin/token that fits my investment/trading preferences. Bitcoin is simply what I use to anticipate the best environment for my strategies to flourish.