$BTC VIP AnalysisOctober 21, 2021
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BIAS: Mid-Term: Bullish
Short-Term: Bullish
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Mid and Long term levels have been readjusted fo BTC, which hasn't happened in over 5 months. The most important support level we currently have lies at our previous ATH ($64,990) which is acting as our highest volume POC (Point of Control). This level should held respected in order to continue with the super cylce we talked about already.
If for some reason we break below this level on the Daily, we could see a Short/Mid term correction down to $58,000 - $60,000 from where we would see the a buyback reaction.
Our next long term resistance and where we're expecting BTC to be at in the next few months is now at $81,652.
Up Probability: 63% - Down: 37%
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MAIN INTEREST LEVELS SHORT $73,431
LONG $64,990
PREDICTED DAILY RANGE$63,007 - $68,530
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