Currently the volatility for BTC is at 14.38%, up from 13.56% last month. From the volatility current percentile we are located on 91th place, and based on this we can expect the monthly candle to make the next aprox movement: Bullish : 24.1% Bearish : 29.24%
With this in mind we have currently 66.7% that the market is going to stay within the next channel TOP Limit: 1357 BOT Limit: 1033
If we are going to take a look into the previous monthly high and low points, currently there is a : 28.13% to hit the previous monthly high 56.41% to hit the previous monthly low
Lastly from the technical analysis point of view, currently Weekly Timeframe : 80% of rating moving averages is indicating BEARISH Monthly Timeframe : 72.73% of rating moving averages is indicating BEARISH
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