$BTC VIP Analysis
December 2nd, 2023
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BIAS:
Mid-Term: BULLISH
Short-Term: BULLISH
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As expected the price action of $BTC is successfully playing out according to the plan level we have marked.
The price action went up $39.7k level and was about an inches away from its $40k level
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$39,436
⬆️LONG⬆️
$38,987
PREDICTED DAILY RANGE
$39,541 - $38,982
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VIP ACTION PLAN
The price action after breaking out went up the $39K level as we expected. Currently, the price action is forming out the Bullish pennant pattern level where the price action needs to hold this level for further above movement
However, if the price action breaks down to this level we can see the downfall in the price of $BTC