$BTC VIP Analysis

MAY 25, 2024

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BIAS: 

Mid-Term: BULLISH

Short-Term: BULLISH

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The price action successfully bounced back from its major support level which is marked between the $67,437 to $66,909 level.

The price action also played out the our LONG MAIN INTEREST level and holding out its support level we can mark out that the price action will test out those upper liquidity region level

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MAIN INTEREST LEVELS 

⬇️SHORT⬇️ 

$70,692

⬆️LONG⬆️

$69,214

PREDICTED DAILY RANGE

$73,937 to $62,994

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VIP ACTION PLAN

The price action after the breakout of its neckline in the compression zone level has changed the trend pattern level on a short time frame level which shows the higher highs and higher lows level.

We can expect another higher level

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#ETHETFsApproved #btc70k