BTC VIP Analysis 28 May 2022

 $BTC VIP Analysis

May 27, 2022

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BIAS: 

Mid-Term: Neutral

Short-Term: Neutral

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Our most important long term support for BTC at $28,324 has once again been reed, and price action is trading just above it and waiting for an increase on either bullish or bearish momentum to confirm our next mid term move.


If we do see a breakdown move below this long term level, we could expect to revisit $24,300 in a matter of 1-2 weeks, before another bullish move.


Up Probability: 45% - Down: 55%

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MAIN INTEREST LEVELS 


⬇️SHORT⬇️ 

$36,119


⬆️LONG⬆️

$26,613


PREDICTED DAILY RANGE

$25,920-  $31,259

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