$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 đ
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MAIN INTEREST LEVELS
âŹïžSHORTâŹïž
$65,051
âŹïžLONGâŹïž
$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 đđ„
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