BTC VIP Analysis

JUNE 05, 2024

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BIAS:

Mid-Term: BEARISH

Short-Term: BULLISH

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As expected the price action on the H4 timeframe level after the retest level at its horizontal support level which is marked between the $68,887 to $68,735 level.

The price action has squeezed out its upper-side liquidity level. we can expect some rejection level from the $71,990 level

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$71,990

⬆️LONG⬆️

$68,958

PREDICTED DAILY RANGE

$73,937 to $62,994

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VIP ACTION PLAN

The price action of $BTC after breaking out the neckline of its compression level. The price action is currently respecting its horizontal resistance region level which is marked between the $71,515 to $70,692 level which can show us some of the rejection levels from there

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Yours truly,

Womenincrypto®