BTC VIP Analysis
JUNE 12, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BEARISH
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The price action of $BTC on the daily timeframe level has bounced back from its horizontal support level and formed the leg-up level.
The structure has changed and only if the price action closed above the level then we can see the further above movements.
But the price action will fill out the (D) FVG gap level.
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$69,171
⬆️LONG⬆️
$61,151
PREDICTED DAILY RANGE
$67,611 to $62,985
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VIP ACTION PLAN
Due to impulsive downward movements on the H4 timeframe level the price action has bounced back after squeezing out the Sell Side Liquidity level we can expect bearish movements from the $70,000 level if the price action does not flip out that region level into the support level
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Yours truly,
Womenincrypto®
