$BTC VIP Analysis
February 23rd, 2025
-
Bias
Mid-term: Bearish
Short-term: Bearish
$BTC is consolidating within the S/R zone, with previous demand now resistance and new support forming.
Rejection from support may lead to a retest of resistance, while failure to break higher could push back to support.
A breakdown signals further downside, while rejection may lead to more consolidation.
Main Interest Levels
⬇️ SHORT ⬇️
$91,666
⬆️ LONG ⬆️
$90,668
Predicted Daily Range:
$89,395 - $86,500
-
VIP Action Plan
$BTC dumped hard, forming multiple FVGs, increasing the chances of a bounce before further downside. If ignored, a bullish push could follow.
FVG at resistance levels may cause a pullback, keeping price in consolidation. A breakout signals upside potential, while a breakdown confirms further bearish movement.
--
Yours truly,
Fed. Russian Insiders®