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Market Wrap: Markets Wait for Fed to Officially Announce What It Has Signaled for Weeks

Technically, BTC is trading below its “point of control” in relation to the Volume Profile Visible Range tool (VPVR). VPVR illustrates trading volume by price level. The point of control, denoted by the red line in today’s chart, signals where the largest amount of activity occurred, and represents an area of high agreement in price.