Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today: MAX 58930 LOW 52360.
In recent days, volatility and volumes are increasing.
On the 4H chart it is important to hold the support at 51600. To resume the uptrend, a close above 57630 with a target in the 60000 area is required.
A look at AMPL:
It appears to be detached from BTC's performance.
Area 1.25 1.30 seems achievable.
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.
Charts from tradingview.com
Thanks for reading.