Bearish bias in BTCUSD
BTCUSD
The BTCUSD session ended with a close of 77770.180000. During the last 48-hour period, the market moved 1.59%, establishing the current bullish trend used for comparison against historical data.
There were 63 similar periods identified by the scanner. Within this set, the bearish lean share reached 62%, as the majority of matches concluded with a lower price at the end.
Historical gains during these sessions averaged 1.12%, while losses averaged -1.27%. The combined average for every session in this sample resulted in an expected move of -0.36%.
A sample of 63 instances provides a descriptive basis for calculating the average move. This frequency indicates how the market followed this trend during past sessions, allowing for a detailed observation of historical bearish behavior.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| BTCUSD | 77770.18 | 1.59 % | 63 | 24 | 39 | -0.36 % |
This is not financial advice. It is an indicator based on statistics from historical data.