$BTC VIP AnalysisJuly 11, 2021
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BIAS:
Mid-Term: Bullish
Short-Term: Bullish
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8 hours from our weekly close and BTC is grinding just below our POC (Point of Control) once again at $34,005. Probability-wise, we’ve still got a higher chance of breaking above this level and heading towards $38,000, than of breaking below $32,000 and into a $30,000 retest.
The entire market depends on what happens in the next few hours and a close above or below $34,005 will define what happens with BTC in the next 2 months.
Up Probability: 58% - Down: 42%
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