BTC Volatility 01 June 2022

BTC Volatility 01 June 2022
The current percentile of BTC is around 2.74th
Based on this, we can expect that the market is going to be below the daily volatility, which is around 3.86%,
which at the same time translates in an aproximate +-1200$ movement

For this we can assume close to 80% probability of efficiency based on the last years data.

Based on this our channel for today is going to be, assuming the opening price is 31780
TOP 31780 + 1213 ~= 33000
BOT 31780 - 1213 ~= 30550

At the same for those that are looking for entry points in case they want to go long/shortwe can make use of next data:
Based on the last years, we can expect that the asset is going to move more than 1.14% which translates into a +- 357$ movements.
And this comes with a 70% probability based on the last years.
TOP 31780 + 357 ~= 32150 => as an entry point for long where we can use the opening price as a stop loss
BOT 31780 - 357 ~= 31420 => as an entry point for short where we can use the opening price as a stop loss