$BTC VIP AnalysisNovember 22, 2022
--------------------
BIAS: Mid-Term: Bearish
Short-Term: Bearish
--------------------
BTC remains short and mid term bearish after yesterday's move and not showing any signs of a potential mid term bounce for now. The rest of the market (specially ETH and higher market cap alts), have followed BTC in terms of price action and market structure, also reaching new mid term lows.
For now, our current local lows remain respected, however, if BTC breaks and closes below $15,500 on the daily, we're likely going to once again see a cascade of selling orders being executed and creating a domino effect towards much lower levels, before a mid/long term bounce.
Up Probability: 45% - Down: 55%
--------------------
MAIN INTEREST LEVELS
SHORT $18,938
LONG $13,841
PREDICTED DAILY RANGE
[VIP EXCLUSIVE CONTENT]
--------------------
VIP ACTION PLAN
[VIP EXCLUSIVE CONTENT]
As always, stay safe brothers!
--------------------
Yours truly,
Federal Russian Insiders
