$BTC VIP AnalysisJune 19, 2022
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BIAS: Mid-Term: Bullish
Short-Term: Bullish
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Just as we've been telling you for the last couple of days, that was the final short term drop before a mid term explosion, which can clearly be seen in BTC, ETH and alts. Short and mid term market structure has flipped bullish ver the last 24 hours, and it's showing a potential increase in bullish volume, enough for a stronger move up.
BTC must break and close above $22,000 in order to confirm higher levels, which could very much happen around our weekly close. If on the other hand we see another unlikely drop to $17,000, we could be heading much lower.
Up Probability: 41% - Down: 59%
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MAIN INTEREST LEVELS
SHORT $24,394
LONG $17,167
PREDICTED DAILY RANGE
$16,924- $22,995
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