#BTC VIP Analysis June 4 2022

 $BTC VIP Analysis

June 3, 2022

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BIAS: 

Mid-Term: Neutral

Short-Term: Bullish

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After a strong move above $32,000 BTC has retraced almost completely towards a current local low of $29,400, where we still can't see any strong indicator of our next high volume mid term move. 


If we see a break and close above our previous $32,300 highs, we'll likely explode even higher in a matter of 1-2 weeks. While if we break and close below $28,000 on the daily, we can expect to re at least $25,000 before further upside.


Up Probability: 52% - Down: 48%

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MAIN INTEREST LEVELS 


⬇️SHORT⬇️ 

$36,119


⬆️LONG⬆️

$28,324


PREDICTED DAILY RANGE

$26,527-  $32,447

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