#BTC VIP Analysis
MAY 26, 2024
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BIAS:
Mid-Term: BULLISH
Short-Term: BULLISH
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As expected, the price action of Bitcoin bounced back accordingly as we expected.
Currently, the price action has broken down its horizontal support level, which is marked between the $68,905 to $68,098 level.
If the price action closes below its support level, we will see the drop in the price action of BTC
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MAIN INTEREST LEVELS
⬇️SHORT
$70,692
⬆️LONG
$68,271
PREDICTED DAILY RANGE
$73,937 to $62,994
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VIP ACTION PLAN
The price action has left the candle imbalances below its level. But, only if the price action closes below this level we will see the drop in the price action.
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Yours truly,
WhaleSpotters.com
