$BTC VIP Analysis

February 11, 2024

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BIAS:

Mid-Term: BEARISH

Short-Term: BULLISH

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As expected the price action of $BTC showed us the rejection level accordingly as we expected.

The price then after bounced back from its Horizontal Support level which is marked between the $47,382 - $47,024 level.

After a retest level the price action might squeeze out its Buy Side Liquidity level marked at the $49,107 level

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$49,107

⬆️LONG⬆️

$47,382

PREDICTED DAILY RANGE

$43,867 - $52,378

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VIP ACTION PLAN

The price action of $BTC is successfully playing out the pattern level as we marked. On the Shorter timeframe level the price action is forming further Higher Highs level

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