$BTC VIP Analysis
November 6, 2022
--------------------
BIAS:
Mid-Term: Bullish
Short-Term: Neutral
--------------------
As we get closer to the first weekly close of the month, we can see BTC losing short term bullish momentum and going for a $21,000 local support retest, which will likely determine our next 2-3 weeks worth of price action. If we manage to stay above it with decent strength ,we're likely seeing $23,000 by next week.
On the other hand if we see a higher volume break and close below this level around our weekly close, we would likely see $20,500 or lower levels before a potential mid term bounce above $21,000 again.
Up Probability: 53% - Down: 47%
--------------------
@AllCryptoSignals_VIP_Bot
