$BTC VIP Analysis
MARCH 8TH, 2025
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Bias
Mid-term: BEARISH
Short-term: BEARISH
The price action of $BTC on daily timeframe level is consolidating at its horizontal crucial support level and also we can see that the price action has already filled out its 1st FVG gap level which was marked between the $85,103 to $81,623 level.
Currently, the price action is still consolidating in a compression level over there and can show us the further bearish movement as the trend is still in downwards.
Main Interest Levels
⬇️ SHORT ⬇️
$89,567
⬆️ LONG ⬆️
$82,962
Predicted Daily Range:
$76,297 to $89,204
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VIP Action Plan
The price action on macro timeframe level still shows that it has just only filled out its only 1st FVG gap level the 2nd gap is yet to be filled out which is marked between the $74,534 to $70,682 level.
As if the price action further breaks down the level we will see the further downwards movement and the crucial support level is marked between the $77,341 to $75,802 level
$BTC .
