$BTC VIP AnalysisOctober 8, 2021
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BIAS: Mid-Term: Bullish
Short-Term: Neutral
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The only reason why current BTC price action is marked as short term neutral instead of bearish is the fact that we're once again trading just above $54,000 and we're hours away from closing our official weekly trading session and entering the weekend.
Strongest support remains at $50,532 which could be retested if the bears decide to f*ck us all during the weekend, which would on the other side give us enough upside liquidity to explode past $55,000 and towards our All Time High.
Up Probability: 47% - Down: 53%
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MAIN INTEREST LEVELS SHORT $56,664
LONG $52,995
PREDICTED DAILY RANGE$52,475 - $56,154
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