$BTC VIP AnalysisJanuary 13, 2023
BIAS:
Mid-Term: Neutral
Short-Term: Bullish
BTC is currently reing our $18,950 key resistance level perfectly, and showing just enough volume to remain stable around this level. If BTC manages to see a solid break and close on the daily above this level, we're likely seeing th bulls push even higher over the next couple of weeks.
Pretty much the whole market is currently bullish, and we're still expecting to see further price action confirmation. On the other hand, is the bears manage to regain control over the market and push us below $17,000 again which is unlikely) we'd be in trouble.
Up Probability: 59% - Down: 41%
MAIN INTEREST LEVELS
SHORT
$21,158
LONG
$16,379
PREDICTED DAILY RANGE
$17,694- $19,902
VIP ACTION PLAN