The analysis focuses on identifying a local bottom for Bitcoin. The analyst predicts Bitcoin will find a local bottom above $75,000, supported by the visible range volume profile with minimal trading volume between $75,000 and $85,000. This gap in volume profile will likely be filled by bitcoin making it pullback slightly before the climb. $75,000 also represents a previous bull market all-time high providing some further support. Citing technical data, inverse head and shoulders, and support around the 50 weekly simple moving average. Another observation is that during the New York open Bitcoin has been forced downward. The trend line is being used to try to determine where the bottom is.