$BTC

$BTC VIP Analysis

NOVEMBER 30th, 2024

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BIAS:

Mid-Term: BULLISH

Short-Term: BULLISH

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On the H1 timeframe, the price action of $BTC is holding its support trendline, providing additional strength to the current structure. 📈

Simultaneously, it is also maintaining its horizontal support level, marked between $96,872 and $96,616, signaling stability and potential readiness for the next move. 🔄📊

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$86,616

⬆️LONG⬆️

$96,872

PREDICTED DAILY RANGE

$90,926 to $99,661

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VIP ACTION PLAN

On the H1 timeframe, the price action is holding its support level while indicating buy-side liquidity levels above. 📊📈

However, if the price action loses this support, we could see short-term downward movement as liquidity shifts. 📉

Currently, the price is consolidating within a rising channel pattern, with the support level intact, signaling the potential for further upward movement if the channel's support continues to hold. 🔄📐

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