$BTC VIP Analysis June 1, 2022

 $BTC VIP Analysis

June 1, 2022


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BIAS: 

Mid-Term: Neutral

Short-Term: Bullish

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With a brand new month now running, and BTC holding above $30,000 with relative short/mid term strength, we can expect to see a couple of bullish weeks from here if the bulls manage to hold up.


There's still, however, the possibility of seeing a high volume break and close below $28,000, which would confirm even lower mid term levels for BTC and alts.


Up Probability: 54% - Down: 46%

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MAIN INTEREST LEVELS 


⬇️SHORT⬇️ 

$36,119


⬆️LONG⬆️

$28,324


PREDICTED DAILY RANGE

$28,283-  $34,552

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