$BTC VIP AnalysisAugust 20, 2021
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BIAS:
Mid-Term: Bullish
Short-Term: Bullish
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Boom, BTC just broke above our previous $48,000 mid term highs with enough volume and bullish momentum to confirm the continuation move we were taking bout since the beginning of the month.
Even though we've only reached a $49,180 high so far, price action is holding extremely well against short term selling pressure.
Reaching $50,000 is inevitable, and if we happen to break above it, we would be likely heading much, much higher potentially up to our previous All Time Highs.
Up Probability: 59% - Down: 41%
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