Bitcoin’s chart implies new support levels forming near $22,900. The volume profile visible range (VPVR) tool, shows increasing levels of activity and price agreement at this mark. Often these are called high volume nodes, and can indicate where the market sees an asset as fairly priced, at least for the moment.
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- Source: https://www.coindesk.com/markets/2023/01/24/crypto-markets-today-bitcoin-moves-sideways-at-23k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines