BTC Weekly Forecast 26-30 September
Currently our volatility coming from DVOL for BTC is at 9.65% (decreasing from 10.15% of last week), currently located on 78th percentile, placing us in a high probability volatility environment
Based on the previous calculations, there is currently a 32.3% chance that the asset is going to break the channel for
TOP 20620
BOT 16991
At the same time, based on the previous calculations, there is a 52% chance that the previous low from last week of 18100 is going to be touched/surpassed.
On average the weekly candle when the asset was located around this percentile are 6% for bull candles and 7.3% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP coming on thursday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
Currently our volatility coming from DVOL for BTC is at 9.65% (decreasing from 10.15% of last week), currently located on 78th percentile, placing us in a high probability volatility environment
Based on the previous calculations, there is currently a 32.3% chance that the asset is going to break the channel for
TOP 20620
BOT 16991
At the same time, based on the previous calculations, there is a 52% chance that the previous low from last week of 18100 is going to be touched/surpassed.
On average the weekly candle when the asset was located around this percentile are 6% for bull candles and 7.3% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP coming on thursday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
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