$BTC VIP AnalysisDecember 6, 2022
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BIAS: Mid-Term: Neutral
Short-Term: Bearish
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BTC remains pretty much the same on lower time frames as it has been for the past week, trading in one of the tightest ranges we've seen in the year, and maintaining $16,000 as our most important mid term support level and $18,950 as our most important resistance level.
Once either of themselves is broken on the daily (which is expected to happen in no more than a couple of weeks), we're going to see one of the fastest and strongest gains in momentum in months, with which we're likely heading either to new mid/long term highs or lows, depending oif the bears or the bulls make this move theirs.
Up Probability: 48% - Down: 52%
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MAIN INTEREST LEVELS
SHORT $18,938
LONG $13,841
PREDICTED DAILY RANGE
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VIP ACTION PLAN
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As always, stay safe brothers!
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Yours truly,
Federal Russian Insiders
