Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today: MAX 56100            LOW 51550.

I think we are in a very important time for BTC.

On the 4H chart, the important support is $ 51,600. Looking at the daily chart we can see the stochastic in the oversold zone that is trying to rebound. I will also be crazy but in the area of $ 51600 I go to buy expecting the overcoming of $ 55440.

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

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