$BTC VIP AnalysisJuly 4, 2021
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BIAS:
Mid-Term: Bullish
Short-Term: Bullish
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Yup, that's the classic 4th of July pump, the one we already told you about days ago. The move has been enough to break above our POC (Point of Control) at $34,000 with great volume and momentum meaning we're likely heading higher before our daily close.
For this short term move, our target remains at $38,000 which should be reached either with a move straight up from our current price ($35,400) or after a $34,000 retest (which has an 80%+ probability of holding)
Up Probability: 77% - Down: 23%
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