$BTC VIP Analysis

SEPTEMBER 15th, 2024

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BIAS:

Mid-Term: BULLISH

Short-Term: BEARISH

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While pumping up impulsively, the price action left a FVG gap between $59,598 to $58,348 📉.

On the H4 timeframe, the price action is currently consolidating in this area, where we can expect some short-term rejection movements to fill that FVG gap 🔄

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$60,060

⬆️LONG⬆️

$58,548

PREDICTED DAILY RANGE

$55,650 to $64,590

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VIP ACTION PLAN

On the H1 timeframe, the price action of $BTC is consolidating within a compression level, forming a Bullish Harmonic Bat pattern 📊.

The price action needs to complete the D leg, which could lead to a short-term rejection in the price movement 🔄

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Yours truly,

BabyWhale®