Bullish bias in BTCUSD

BTCUSD

The latest session concluded with a close at 79872.930000. During the preceding 48-hour period, the price action resulted in a change of -1.11 percent, establishing the current trend.

The scanner located 30 matches where price behavior mirrored these specific conditions. In these historical periods, the price ended higher in 18 cases, which accounts for a 60 percent share of the observed sessions.

During the positive sessions, the average gain was 1.00 percent. Conversely, the average loss across negative periods was -1.29 percent, resulting in a total average move of 0.08 percent for all identified matches.

This sample of 30 historical occurrences helps describe the consistency of the bullish bias. The resulting average provides a descriptive look at how the market reacted across multiple similar periods in the past.

The numbers

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