$BTC Analysis
December 17th, 2023
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BIAS:
Mid-Term: BULLISH
Short-Term: BEARISH
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As expected the price action filled out the GAP level which is marked between the $42,597 - $42,631 level and played out our Predicted Daily Range level.
Currently, the price action is respecting its crucial Horizontal Support level which can show us the bounce-back level from there.
However, if it loses that level we can see a drop in the price action of $BTC
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$42,165
⬆️LONG⬆️
$41,720
PREDICTED DAILY RANGE
$41,468 - $42,600
