BTC
VIP Analysis APRIL 17, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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On the H1 timeframe level, the price action is consolidating in a comparison level where it has bounced back from its Horizontal Support level which is marked between the $63,640 to $62,950 level.
The price left out the FVG gap level which is marked between the $65,923 to $64,948 level.
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$65,923
⬆️LONG⬆️
$63,640
PREDICTED DAILY RANGE
$52,140 - $71,686
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VIP ACTION PLAN
The price action has broken out its neckline of the compression level and it can bounce back after its retest level at its Horizontal Support level