$BTC VIP Analysis

May 26, 2023

-------------------

BIAS:

Mid-Term: Neutral

Short-Term: Neutral

--------------------

BTC remains above our $26,200 mid term key support level, from where the bulls have started to see a decent lower time frame reaction. As long as price action remains above this key level, we're very likely seeing a move towards $27,750 before wither a higher break towards $29,000 or a rejection and a move towards $26,000 again.

Alts will follow BTC's price action, meaning we'll be waiting for confirmation on higher market cap alts before bigger positions.

Up Probability: 51% - Down: 49%

--------------------

MAIN INTEREST LEVELS

⬇️SHORT⬇️

$27,745

⬆️LONG⬆️

$24,942