$BTC VIP Analysis
October 9, 2022
BIAS:
MidTerm: Neutral
ShortTerm: Neutral
BTC reached a short term intraday low of $19,200 yesterday, which hasn't been a big change from our multiweek range, meaning that weekend activity remains low, and we're still waiting for a mid term price action confirmation.
Our key mid term levels remain the same for now, and we still expect to see an increase in volatility and potential chop around our weekly close, which has a very high probability of leading us to the mentioned confirmation.
Up Probability: 51% Down: 49%
MAIN INTEREST LEVELS
SHORT
$23,314
LONG
$17,217
PREDICTED DAILY RANGE
$18,172 $21,112
