$BTC VIP AnalysisJuly 9, 2021
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BIAS:
Mid-Term: Bullish
Short-Term: Bullish
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All our intra-day indicators have tipped bullish today, as a second short term lower low below $32,000 has been rejected. If price can manage to stay above our yellow support level at $32,700 we're likely seeing a bullish continuation in the next 2 days, leading up to our weekly close.
The chop around our POC (Point of Control) is a very strong argument backing up a potential mid term reversal as such a move generally happens to shakeout as many players as possible before moving set way (in this case up)
Up Probability: 67% - Down: 33%
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