$BTC Probable price movements of Bitcoin (BTC) based on daily charts:
The success rate of the previous daily chart is determined as 98.86%, indicating a high level of reliability.
Bitcoin's price movements have been analyzed through two probable scenarios:
1. Probable BTC Scenario (91.26% Probability):
- Bottom Price: 64,840 USD
- Peak Price: 67,124 USD
- Closing Price: 65,802 USD
This scenario indicates that Bitcoin's price is likely to move at the defined bottom, peak, and closing levels.
2. Probable BTC Scenario (8.74% Probability):
- Peak Price: 70,139 USD
- Closing Price: 68,758 USD
This scenario represents price movements expected to occur with lower probability and includes higher price levels.
Negative Divergence Situation:
- No negative divergence has been detected.
Relative Strength Index (RSI) and Commodity Channel Index (CCI) Status:
- RSI Overbought: None
- CCI Overbought: None
- RSI Oversold: None
- CCI Oversold: Yes
It appears that according to the CCI indicator, the oversold zone has been entered. This situation can be considered as a potential signal for a trend reversal.
Based on these analysis results, Bitcoin's movements have been predicted at specific intervals, and it is understood that special attention should be paid to the scenario with a 91.26% probability. Market participants can reconsider their strategies, taking into account the CCI oversold warning.