July 17, 2021
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Mid-Term: Bullish
Short-Term: Neutral
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Entering the weekend with an initial price of $31,500, BTC is just grinding lower and lower every single day. Our current short term bias is neutral because we haven't seen any reaction strong of weak enough to confirm a move to the upside or to the downside.
If we are to bottom out around our current range we are likely seeing a high volume move down first, likely reaching all our $29,500 - $30,500 liquidity first.
Up Probability: 47% - Down: 53%
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MAIN INTEREST LEVELS
??SHORT??
$34,005
??LONG??
$30,000
PREDICTED DAILY RANGE
$30,270 - $33,361
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