$BTC VIP Analysis
October 13, 2023
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BIAS:
Mid-Term: Bearish
Short-Term: Bearish
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Still trading around $26,500, the bears remain in control on the mid term for BTC an higher market cap alts. Current price action is looking like we could see a lower correction before our next bounce, for which our positions are ready.
If BTC on the other hand manages to see a solid daily break and close above $27,500 - $28,000, we’ll see the bulls once again gaining momentum and strength, with which we’d once again see alts exploding and reaching new mid term highs.
Up Probability: 43% - Down: 57%
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$28,240
⬆️LONG⬆️
$26,228
PREDICTED DAILY RANGE
