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$BTC
Quick update before we head into the New York Session. Here is everything you need to know for the Monthly, Weekly and Daily data.
Monthly bias: neutral
Time-based:
⚠️ 41% chance to take out the low
❌ 96% chance to put in a new high, if the low holds
Distance-based:
⚠️ 46% chance to take out the low
❌ 100% chance for more displacement
Confidence targets for bullish scenario:
90% of months would reach 131.339
50% of months would reach 147.307
Weekly bias: bullish
Time-based:
✅ 4% chance to take out the low
❌ 75% chance to put in a new high, if the low holds
Distance-based:
⚠️ 36% chance to take out the low
❌ 100% chance for more displacement
Confidence targets for bullish scenario:
90% of weeks would reach 119.562
50% of weeks would reach 125.767
Dailu bias: bullish
Time-based:
✅ 22% chance to take out the low
❌ 94% chance to put in a new high, if the low holds
Distance-based:
✅ 21% chance to take out the low
❌ 85% chance for more displacement
Confidence targets for bullish scenario:
90% of weeks would reach 116.554
50% of weeks would reach 118.804
TL;DR: HIGHER! 🚀