$BTC VIP Analysis
November 14th, 2023
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BIAS:
Mid-Term: Neutral
Short-Term: Bearish
The price action successfully heads into the territory of the FVG gap level marked between $36,350 and - 36,092
Currently, the price action is consolidating over there which can show us the short-term relief in the price of $BTC
MAIN INTEREST LEVELS
⬇️SHORT⬇️
$36,757
⬆️LONG⬆️
$36,623
PREDICTED DAILY RANGE
$36,350 - $36,623
VIP ACTION PLAN
As expected the price action successfully bounced back over there and then after breaking down the level the price action headed into the territory of the Daily FVG gap level and played out the Daily Predicted range level
If the price action reclaims again the Horizontal Support level marked between the $36757 - $36623 level we can see the opportunities for LONG
