BTC VIP Analysis

JUNE 21, 2024

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BIAS: 

Mid-Term: BEARISH

Short-Term: BEARISH

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As expected the price action of BTC on the daily timeframe level has successfully played out its Bullish movement which we expected.

Currently, the price action on the daily timeframe level is getting rejected and showing us downward movements.

However, the price action on the H1 timeframe level is forming the double bottom pattern level which can again show us the short-term increase in the price action 

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MAIN INTEREST LEVELS 

⬇️SHORT⬇️ 

$64,048

⬆️LONG⬆️

$65,071 

PREDICTED DAILY RANGE

$67,652 to $61,125 

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VIP ACTION PLAN

The price action on the daily timeframe level is respecting its horizontal support level which is marked between the whereas on the H1 timeframe level the price action has left out the FVG gap level after getting rejected between the $65,837 to $65,166 level

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Yours truly,

Womenincrypto®