BTCUSD: The Game of Probabilities | New ATH? 65.28% Chance!

Medium-term analysis of BTCUSD indicates that the price is poised to surge towards new all-time highs, with a probability of 65.28%!

Let's get into the underlying reasons for this:

1. The current status on the "1D" timeframe is "Active," indicating that the price has already reached and touched the 50% equilibrium level on the current timeframe.

2. Since the price has reached the equilibrium level of the daily timeframe, our focus now shifts to determining which liquidity side presents higher probabilities compared to the other.

3. In this scenario, the 1D/BSL (Buyside liquidity) indicates a 65.28% probability of the price reaching the 73835.57 level again.


More details:

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Also, if you're interested in analyzing the probabilities directly on your charts make sure to check out the Free Public Indicator that I've published recently!

Comment:

Short-term 12H is holding bullish, aligning with our 1D bias.

Comment:

12H/2H

Comment:

BTCUSD Moving exactly as anticipated

Trade active:

12H/2H ➙ Both Active

Trade closed: target reached:

Probabilities >>>>