$BTC VIP Analysis
July 8, 2022
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BIAS:
Mid-Term: Neutral
Short-Term: Bullish
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Just as we told you yesterday, we've just changed our short term market structure to bullish and our mid term one is about to flip in favor of the bulls as well, which will likely drive BTC, ETH and alt prices much higher over the next couple of days.
As long as BTC remains above $20,700, we can easily expect to see a higher move before our weekly close, which could take us towards $23,000 (our next mid term resistance level) or even higher is the bulls gain even more volume and strength.
Up Probability: 54% - Down: 46%
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MAIN INTEREST LEVELS
SHORT
$24,394
LONG
$17,167
PREDICTED DAILY RANGE
$18,738- $23,029
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