$BTC VIP Analysis October 12, 2022 -------------------- BIAS: | CryptoLoc Free Trading Group
$BTC VIP Analysis
October 12, 2022
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BIAS:
Mid-Term: Neutral
Short-Term: Bearish
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Since reaching $20,400 almost a week ago, BTC has been on a lower time frame downtrend towards $19,000 where we're still trading, without any important increase in either upside or downside volume.
Higher time frames will look like accumulation, however, there's not mcuh to be said about this before a solid mid term confirmation above $20,800 or below $19,000 which we expect to see in the next week at most.
Up Probability: 47% - Down: 53%
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MAIN INTEREST LEVELS
SHORT
$23,314
LONG
$17,217
PREDICTED DAILY RANGE
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