$BTC VIP AnalysisJune 21, 2022
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BIAS: Mid-Term: Bullish
Short-Term: Bullish
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BTC is currently bullish on both short and mid term market structures, which has been confirmed after retesting $17,500 and shooting above $20,000 pretty much instantly.
Our next important mid term resistance level is ay $24,900, however, we could shoot through and reach $28,500, where we would print a V bottom on higher time frames. A $17,500 retest is unlikely, however it could happen and it would send us much lower towards $14,000.
Up Probability: 59% - Down: 41%
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MAIN INTEREST LEVELS
SHORT $24,394
LONG $17,167
PREDICTED DAILY RANGE
$19,273- $24,918
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