$BTC VIP Analysis

SEPTEMBER 22nd, 2024

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BIAS:

Mid-Term: BULLISH

Short-Term: BULLISH

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The price action of $BTC on the daily timeframe is consolidating within a descending triangle pattern.

It has broken out of its resistance level and is now consolidating above the support region.

Currently, $BTC is forming higher highs, and we can anticipate a higher low before another move to higher highs 📈

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$65,051

⬆️LONG⬆️

$62,980

PREDICTED DAILY RANGE

$60,391 to $65,132

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ACTION PLAN

The price action is displaying holding momentum, indicating a potential bounce back toward the buy-side liquidity level, marked at $65,051. This could lead to further upward movement 📊💥

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