BTCUSD January 2023 Volatility Analysis

2 gen 2023

BTCUSD January 2023 Volatility Analysis

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 : 9.975%
Bearish : 20.186%

With this in mind we have currently 88.9% that the market is going to stay within the next channel
TOP Limit: 18781
BOT Limit: 14275

If we are going to take a look into the previous monthly high and low points, currently there is a :
35.71% to hit the previous monthly high
50.8% 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 : 61.54% of rating moving averages is indicating BEARISH