$BTC $BTC VIP Analysis

SEPTEMBER 10th, 2024

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BIAS: 

Mid-Term: BEARISH

Short-Term: BULLISH

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On the H4 timeframe, the price action of $BTC has completely filled its FVG gap level, which was marked between $55,845 and $55,013. 📊

Additionally, the price action broke out of its trendline and is consolidating above the horizontal support level between $56,423 and $55,887. To continue the upward price movement, the price action needs to retest this level. 🔄📈

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MAIN INTEREST LEVELS 

⬇️SHORT⬇️ 

$56,790

⬆️LONG⬆️

$55,887

PREDICTED DAILY RANGE

$55,767 to $59,856

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