$BTC VIP Analysis

February 02, 2024

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BIAS:

Mid-Term: BEARISH

Short-Term: BULLISH

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After the rejection level, the price action of $BTC $BTC ssfully showed us the bounce-back level from its Horizontal Support level.

Currently, the price action is rejecting its Horizontal Resistance level which can show us the downfall in the price action of

BTC INTEREST LEVELS

⬇️SHORT⬇️

$ 43,125

⬆️LONG⬆️

$ 42,229

PREDICTED DAILY RANGE

$ 41,997 - $47,091

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VIP ACTION PLAN

On the H1 timeframe level, the price action BTC of is consolidating in a compression level which can show us the rejection in the price action of $BTC.

If the price action of BTC Flips Out Horizontal Resistance level into the support level and holds above the level that can show us the further price action towards its FVG gap level

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