Bearish bias in BTCUSD
BTCUSD
The BTCUSD session ended at a close of 82942.660000. Over the previous 48-hour period, price recorded a 0.72% change, establishing the trend for the current session.
Data identifies 12 similar periods where price action aligned. A 83% share of these instances concluded with a bearish bias, as 10 matches finished lower.
In bullish cases, the average gain was 1.29%. The bearish cases produced an average loss of -1.27%. Taking all 12 sessions into account, the collective average was -0.84%.
This sample size of 12 matches provides context for the average. The high bearish frequency observed in these historical sessions significantly influences the mean return for this market setup.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| BTCUSD | 82942.66 | 0.72 % | 12 | 2 | 10 | -0.84 % |
This is not financial advice. It is an indicator based on statistics from historical data.