$BTC VIP AnalysisFebruary 4, 2023
BIAS:
Mid-Term: Bullish
Short-Term: Neutral
Once again entering our weekend trading session, and BTC remains relatively strong on lower and higher time frames, with a neutral short term market structure, considering that we haven't seen any relevant confirmation just yet.
If BTC manages to stay strong above $23,000 as it has been for the last couple of days, we can expect to see a decent mid term continuation to the upside, for both BTC and higher market cap alts. This move will likely take BTC towards $25,000, which would confirm an even higher leg up, which would also take our smaller VIP picks to our higher targets.
Up Probability: 54% - Down: 46%
MAIN INTEREST LEVELS
SHORT
$24,752
LONG
$21,158
PREDICTED DAILY RANGE
$22,134- $24,837
VIP ACTION PLAN
