BTC VIP Analysis Update Up and Down Probability 31 May 2022
$BTC VIP Analysis
May 31, 2022
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BIAS:
Mid-Term: Neutral
Short-Term: Bullish
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BTC has exploded over the last 48 hours from $28,000 up to $31,630 which is currently our most important mid term key level. A solid break and close above this level, would signal a move towards $36,000.
On the other hand, if we see a couple of 4H rejections below this level, we could go for another re of $28,000 before potentially heading even lower.
Up Probability: 61% - Down: 39%
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$36,119
⬆️LONG⬆️
$28,324
PREDICTED DAILY RANGE
$28,650- $34,733
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