XBT/USD reacted from the triple bottom at ~$555 but I think that this market is now flat with a short term bearish tendency, for now buyers showed up at the first static support level. The 1 year VWAP is now at $520 and the 2 months VWAP at $508, i consider this price zone a good buying opportunity in case of a further drop below the static support ($555).
Weekly price levels computed with my method are:
Volatility level: 20%
For volatility level expressed in % i mean the instantaneous volatility level compared to the highest historical value (100%), why instantaneous? because it is computed using only last 20 days.