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On a shorter time frame, if we look at the visible range volume profile on bitcoin:native, a clear pattern keeps showing up. Every time Bitcoin taps the point of control (POC), it bounces and heads back up. That usually means most of the buying is clustered around that level, so price keeps trying to push back toward the value area high (VAH). POC is simply the price where the most volume traded in that range, so it often acts like support. The picture changes if we lose the POC and then fail to reclaim it on a retest. That is when we start looking for a move to the downside.

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