$BTC VIP AnalysisJune 15, 2022
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BIAS: Mid-Term: Bearish
Short-Term: Bearish
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Most of the market remains down after breaking pretty much every single mid and long term support level. BTC and ETH are currently receiving most of the spotlight, and even though selling pressure has subsided slightly, we're not out of danger from lower levels.
If we see a break and close below $20,000 for BTC, $17,000 would be in sight before a potential bounce, however, if the bulls manage to gain strength and break above $24,000, we could be heading above $28,000 before another potential dip.
Up Probability: 445% - Down: 55%
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MAIN INTEREST LEVELS
SHORT $26,613
LONG $20,247
PREDICTED DAILY RANGE
$19,472- $24,928
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