Currently the volatility for BTC is at 14.38%, up from 13.56% last month. From the volatility current percentile we are located on 91th place, and based on this we can expect the monthly candle to make the next aprox movement: Bullish : 9.975% Bearish : 20.186%
With this in mind we have currently 88.9% that the market is going to stay within the next channel TOP Limit: 18781 BOT Limit: 14275
If we are going to take a look into the previous monthly high and low points, currently there is a : 35.71% to hit the previous monthly high 50.8% to hit the previous monthly low
Lastly from the technical analysis point of view, currently Weekly Timeframe : 80% of rating moving averages is indicating BEARISH Monthly Timeframe : 61.54% of rating moving averages is indicating BEARISH