$BTC VIP AnalysisAugust 22, 2021
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BIAS:
Mid-Term: Bullish
Short-Term: Neutral
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After reaching a high of $49,800 BTC has decided to short term cool off and retrace back down to our short term $48,220 support. This levels will only hold price action if we get a ver high buying volume from it and momentum doesn't dissipate.
The break above $50,532 we told you all about is very likely happening in the next couple of days, at which point we would be in a completely different trading range and heading much higher.
Up Probability: 54% - Down: 46%
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