CryptoSkullGroup

Bitcoin bullish and bearish update 🔥

BINANCE:BTCUSD   Bitcoin
BTC VIP Analysis
APRIL 20, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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On a daily timeframe level the price action of BTC after taking out the Sell Side liquidity level has bounced back from its 89 EMA level.

A lower high leg up a level we can see and the price action is trying to flip out
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MAIN INTEREST LEVELS

⬇️SHORT⬇️
$65,814

⬆️LONG⬆️
$63,640

PREDICTED DAILY RANGE
$59,854 - 69,046
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VIP ACTION PLAN

The price action on the daily timeframe level shows us that the 89EMA shows a strong support level as well as 21 and 55 EMA levels are trying to flip into support levels which can further increase the price action of BTC

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