US CPI out in ~20min. Last major data point before the next FOMC meeting. If there is going to be any significant hike probability repricing it's going to happen today. BTC has been trading in this value area for 22 days. Good chance outside of value will be advertised. #AuctionMarketTheory #VolumeProfile
Pullback buyers. Still inside value. Expecting test above value where it will either reject or shorts become forced buyers. #AuctionMarketTheory #VolumeProfile
Value beetween ~30k - 30800. Lower prices relative to value advertised; buyers found it cheap. Now for the test of top of value. Price is advertised first, acceptance or rejection comes second. #AuctionMarketTheory #VolumeProfile