Btc Update and Predicrion 05 June 2022

 $BTC VIP Analysis

June 5, 2022

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BIAS: 

Mid-Term: Neutral

Short-Term: Bullish

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BTC showing no signs of any major short or mid term move as it keep ranging between $29,500 and $30,000 for the last 48 hours. As we get closer and closer to our weekly close, we can expect to see an increase in trading volume and a decisive short term move confirmation.


If we remain strong and manage to break above $30,000, a higher continuation is very likely, which could extend for more than a couple of weeks.


Up Probability: 55% - Down: 45%

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MAIN INTEREST LEVELS 


⬇️SHORT⬇️ 

$36,119


⬆️LONG⬆️

$28,324


PREDICTED DAILY RANGE

$27,142-  $32,839

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