The standard deviation range for BTC is between 7317 and 9082

Between now and August 10th, BTC standard deviation move is $880 either way, with a 68% probability, based on a 65% volatility factor (using the imperfect assumption that BTC are normally distributed). Since I highlighted the bullish divergence back on July 12, the MACD lines have moved into positive territory and the histogram positive portion is healthy. The 200MA is dropping at a rate of $40 per day, and I expect BTC to reach its level in the next five days. Notice how the 20-50 moving average crossover has taken place at a level (~6700) that is much closer to the June bottom (~5800), than back in March when the crossover level was ~8100, versus a bottom of ~6500. This is telling me that the bear moves are getting weaker, and that BTC is consolidating.