$BTC VIP AnalysisFebruary 3, 2023
BIAS:
Mid-Term: Bullish
Short-Term: Bearish
BTC has been printing higher highs and higher lows in the mid term for the last 2 weeks, in a pattern that could very much lead us to our next high volume confirmation move. For now, as long as BTC remains above $22,500 on the daily, we. should be able to see higher mid term levels in the next couple of weeks, with $25,000 being our next key resistance level.
On the other hand, if the bears do gain enough strength and momentum for a break below $22,500, we would have another mid term bearish confirmation that could once again take us to $21,000 or lower before our next high volume bounce.
Up Probability: 53% - Down: 47%
MAIN INTEREST LEVELS
SHORT
$24,752
LONG
$21,158
PREDICTED DAILY RANGE
$21,984- $24,866
VIP ACTION PLAN
