#FEDRUSSIANINSIDERS
$BTC VIP Analysis
October 3, 2022
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BIAS:
Mid-Term: Neutral
Short-Term: Neutral
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BTC is still trading in the same range it has been in for 2 weeks, with no clear breakout or breakdown signs in the mid term. We can see some short term volume spikes in favor of both the bulls and the bears, however, none has been strong enough for a solid confirmation.
We're expecting to see an increase in volume and eventually the start of or next mid term move this week, which will be confirmed for the bulls above $21,000 and for the bears below $17,200. Both of these with a solid daily close on high volume.
Up Probability: 53% - Down: 47%
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MAIN INTEREST LEVELS
SHORT
$23,314
LONG
$17,217
PREDICTED DAILY RANGE
$17,665 - $20,962
