$BTC VIP AnalysisJanuary 17, 2023
BIAS:
Mid-Term: Bullish
Short-Term: Neutral
BTC has once again broken above $21,000 with decent strength, reaching a current level fo $21,300 and potentially getting ready to reach even higher in the next couple of weeks. A short term correction, however, is not ruled out of the game, and would actually be ideal to grab enough upside liquidity for our next move.
If BTC manages to break and close on the daily above $21,500, we'll be heading straight towards higher levels at $24,000 and potentially $28,500 while a breakdown would get us at least a $18,950 re.
Up Probability: 52% - Down: 48%
MAIN INTEREST LEVELS
SHORT
$23,642
LONG
$18,938
PREDICTED DAILY RANGE
$19,703- $22,281
VIP ACTION PLAN
