Bullish bias in BTCUSD

BTCUSD

The recent hourly session concluded at a close of 81177.40. Over the preceding 48-hour period, the market experienced a bearish trend resulting in a change of -4.04 percent.

Examination of the database identified 60 instances where similar conditions were present. In these cases, 36 outcomes favored a bullish bias, which constitutes 60 percent of the total sample.

Among the positive sessions, the average gain was 1.62 percent. Conversely, the average loss during negative periods was 1.10 percent, leading to a net expected move of 0.53 percent across all matches.

This dataset of 60 historical periods helps quantify the reliability of the observed averages. The breadth of this sample indicates how previous price movements typically behaved when encountering these specific market conditions.

The numbers

This is not financial advice. It is an indicator based on statistics from historical data.