$BTC VIP AnalysisOctober 1, 2022
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BIAS: Mid-Term: Neutral
Short-Term: Neutral
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BTC has seen a very drastic and violent increase in volatility and chop over the last couple of days, which has sent us above $20,000 yesterday before another high volume short term move down towards $19,000 around which we're still trading.
Our monthly close was neutral on pretty much every aspect, showing no clear direction for either the bulls or the bears, who are currently fighting for control over our next move, which shouldn't take more than a couple of weeks to be confirmed.
Up Probability: 52% - Down: 48%
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MAIN INTEREST LEVELS
SHORT $23,314
LONG $17,217
PREDICTED DAILY RANGE
$17,435 - $21,321
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