$BTC VIP AnalysisSeptember 29, 2022
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BIAS: Mid-Term: Neutral
Short-Term: Bullish
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After regaining some of its short term strength, BTC has seen yet another violent lower time frame drop towards $18,800, which has been bought back up just as fast.
We're currently still in the weekly range we've been in for a while, however, we can expect to see a solid confirmation breakout or breakdown move in the next couple of days. A break above $20,500 and the bulls will regain the mid term edge. A break below $17,500 and the bears will be controlling our ext mid term move.
Up Probability: 54% - Down: 46%
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MAIN INTEREST LEVELS
SHORT $23,314
LONG $17,217
PREDICTED DAILY RANGE
$17,928- $21,881
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