thebitcoindiner🍻

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3 years ago

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$BTC VIP Analysis

September 28, 2021

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BIAS:

Mid-Term: Neutral

Short-Term: Bearish

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$41,588: The most important level for BTC currently and the key POC (Point of Control) that will define where the entire market will be heading until the end of the year.

Price action is currently tempting this level, trading exactly around it with more of a weak price action than expected.

If bears manage to break and close below it on the daily, we can say goodbye to a break of our All Time Highs at least for the next couple of months, as we would first be heading for a $34,000 - $38,000 retest.

Up Probability: 42% - Down: 58%

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MAIN INTEREST LEVELS

🌮SHORT🌮

$43,928

🍳LONG🍳

$38,325

PREDICTED DAILY RANGE

$39,977 - $44,137

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