Is This the Bottom? Bitcoin Volume Profile Analysis

Bitcoin tried to break out of its lower value area and failed. That is called a failed auction and it is one of the cleaner bearish signals in auction market theory. The volume profile shows exactly where most of the trading activity has been concentrated and right now Bitcoin is selling back into that range after failing to reach the next level of value. The key swing lows to watch are $57,859 from early February and $49,441 further below. Whether either of those holds will tell you a lot about where the next level of confidence comes in for buyers. This episode maps the entire setup using the fixed range volume profile on Bitcoin futures in Trading View. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Bitcoin selling off into swing lows 1:00 Fixed range volume profile explained 2:00 High volume node one: the $85K to $94K range 3:00 High volume node two: the $67K to $72K range 4:00 The failed auction signal and what it means 5:00 Key swing lows: $57,859 and $49,441 6:00 Trade framing: short targeting swing low vs long at value area low 7:30 Is AI stealing the spotlight from crypto? #Bitcoin #BitcoinAnalysis #VolumeProfile #tastylive #IfIStartedTrading #Crypto #BitcoinChart #AuctionMarketTheory tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.