Bullish bias in BTCUSD
BTCUSD
BTCUSD last printed 75802.01 on the hourly chart. The trend is the latest 48 closes, through the current bar. Over that period price moved -5.75 %.
History turned up 71 similar trends that did not overlap. 44 closed bullish 20 hours later and 27 closed bearish. 62 % closed higher, a bullish bias strong enough for a note.
The average advance on the bullish closes was 1.58 %. The average decline on the bearish closes was -1.42 %. Across the whole set, the average move 20 hours later was 0.44 %.
71 prior trends is a broad history. The bias describes where price already closed. It does not set the next bar.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| BTCUSD | 75802.01 | -5.75 % | 71 | 44 | 27 | 0.44 % |
This is not financial advice. It is an indicator based on statistics from historical data.