Btc Updates for June 06 2022

 $BTC VIP Analysis

June 7, 2022

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BIAS: 

Mid-Term: Neutral

Short-Term: Bullish

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After reaching above $31,000 yesterday, BTC has u-turned violently towards $29,000 again, where we're still trading and waiting for our next mid term move confirmation.


Price action for BTC remains in range (the one we've been forming for the last month), and as long as price action holds above $28,000 we shouldn't see any major breakdown in market structure. Waiting for high volume confirmation.


Up Probability: 52% - Down: 48%

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MAIN INTEREST LEVELS 


⬇️SHORT⬇️ 

$36,119


⬆️LONG⬆️

$28,324


PREDICTED DAILY RANGE

$27,226-  $32,352

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