$BTC VIP Analysis

MARCH 26, 2024

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BIAS:

Mid-Term: BULLISH

Short-Term: BEARISH

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On the H4 timeframe level, the price action of $BTC successfully showed us the decrease in the price action.

However, after breaking out the Resistance trendline and Horizontal Resistance level, The price action after the retest candle has filled out its previous Candle Imbalances and pumped up with an impulsive movement.

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$66,644

⬆️LONG⬆️

$70,135

PREDICTED DAILY RANGE

$60,659 - $73,875

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VIP ACTION PLAN

The price action after pumping up has left out the FVG gap level which is marked between the $69,485 to $67,412 level.

Which can be filled out only if the price action breaks down the support level

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#BTC