$BTC VIP AnalysisNovember 14, 2022
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BIAS: Mid-Term: Bearish
Short-Term: Neutral
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BTC has seen an increase in short term bearish price action over the last couple of hours, pushing us down from $17,000 to $16,000, and showing a high probability of seeing lower levels before exploding to new mid term highs.
The whole market remains bearish on pretty much all time frames after what happened with FTX and the FUD surrounding other centralized exchanges, which is proven insolvent, could send BTC and the entire market much, much lower.
Up Probability: 42% - Down: 58%
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