$BTC VIP Analysis

AUGUST 21th, 2024

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BIAS:

Mid-Term: BEARISH

Short-Term: BULLISH

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The price action of $BTC on the H1 timeframe is attempting to fill out the FVG gap level left during the rejection, marked between $60,355 to $59,495.

As the price action respects the support trendline, a potential bounce back from this level could occur. 📈

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$60,565

⬆️LONG⬆️

$59,747

PREDICTED DAILY RANGE

$57,819 to $51,415

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VIP ACTION PLAN