Lithium_SG

Bitcoin (BTC) has a range of [ 6526~8815] for the next 19 days

Long
BITFINEX:BTCUSD   Bitcoin
Based on the current level of volatility (65.2%), there is a 68% probability that bitcoin will end up somewhere between 6526 and 8815 by August 10, 2018; this calculation is based on the assumption of a normal distribution for BTC prices and a volatility level of 65.25%, which I get from Bitmex's dataset (imperfect assumptions I know). All my TA based strategies are in "Long" mode and if you managed to get long before the sizeable move last week, it is now just a matter of watching and moving your stops upwards in a gradual fashion.

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