Data Analysis
Measured by Clometrix
Bitcoin's volatility ratio was 1.90x, against 1.45x for a typical Durable Orders release since 2021. Its volume ratio was 2.26x, against a typical 1.59x. That is a strong reaction by this release's own standard. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.
How Bitcoin moved
Bitcoin was at $29,380.01 when the figure came out. Fifteen minutes later it was 0.42% higher, and an hour later 0.43% higher. Its high-to-low range in the hour after was 0.97% of its price, against 0.87% in the hour before.
The release
Released by the Bureau of Census on 25 May 2022 at 8:30 AM EDT. Durable Goods Orders came in at 0.6% for April 2022, against 0.2% in March 2022. Durable goods orders are rising faster than before.
It arrived at the same moment as Durable Goods Orders Excluding Transportation, so the reaction measured on this page belongs to all of them together.
What made it matter
Since 2021, Durable Orders releases in the two weeks before a Fed decision have moved Bitcoin about as much as those at other times: a median volatility ratio of 1.48x across 19, against 1.43x across 49. This one was not within two weeks of a Fed decision. Its own ratio of 1.90x compares with 1.43x for those, so it moved the price more than its circumstances alone would suggest.
Its record
Across 68 Durable Orders releases since 2021, Bitcoin's median volatility ratio is 1.45x.
About Durable Goods Orders
The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) in the near term or future. The change in the total value of new orders is measured and shared with the public in two releases per month: the advance report on durable goods and the manufacturers' shipments, inventories, and orders.
Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
BTC-USDT
Bitcoin
Open
29,596.44Close
29,816.9524h Change
220.51 (0.74%)24h High
30,223.7424h Low
29,294.2124h Volume
59,713 BTCUS Durable Goods Orders
Bureau of Census
25th May, 2022, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 29437.21 | 29438.68 | 29380.00 | 29380.00 | -0.19% | 0.20% | 54 BTC |
| During | 29380.01 | 29399.99 | 29339.57 | 29392.13 | 0.04% | 0.21% | 89 BTC |
| 5 Minutes | |||||||
| Before | 29460.01 | 29473.84 | 29380.00 | 29380.00 | -0.27% | 0.32% | 158 BTC |
| During | 29380.01 | 29505.58 | 29339.57 | 29490.61 | 0.38% | 0.56% | 257 BTC |
| 10 Minutes | |||||||
| Before | 29459.50 | 29473.84 | 29380.00 | 29380.00 | -0.27% | 0.32% | 231 BTC |
| During | 29380.01 | 29541.33 | 29339.57 | 29531.74 | 0.51% | 0.68% | 736 BTC |
| 15 Minutes | |||||||
| Before | 29491.57 | 29519.99 | 29380.00 | 29380.00 | -0.38% | 0.47% | 406 BTC |
| During | 29380.01 | 29541.33 | 29339.57 | 29504.72 | 0.42% | 0.68% | 1,053 BTC |
| 30 Minutes | |||||||
| Before | 29409.01 | 29519.99 | 29372.44 | 29380.00 | -0.10% | 0.50% | 1,091 BTC |
| During | 29380.01 | 29625.00 | 29339.57 | 29567.64 | 0.63% | 0.96% | 1,870 BTC |
| 1 Hour | |||||||
| Before | 29540.01 | 29548.68 | 29294.21 | 29380.00 | -0.54% | 0.86% | 4,145 BTC |
| During | 29380.01 | 29625.00 | 29339.57 | 29507.36 | 0.43% | 0.96% | 2,652 BTC |
| 2 Hours | |||||||
| Before | 29800.05 | 29800.06 | 29294.21 | 29380.00 | -1.43% | 1.70% | 6,827 BTC |
| During | 29380.01 | 29909.00 | 29339.57 | 29861.04 | 1.61% | 1.90% | 8,695 BTC |
| 4 Hours | |||||||
| Before | 29792.13 | 29941.41 | 29294.21 | 29380.00 | -1.40% | 2.16% | 10,481 BTC |
| During | 29380.01 | 29909.00 | 29339.57 | 29529.80 | 0.51% | 1.90% | 14,410 BTC |
| 6 Hours | |||||||
| Before | 29705.79 | 29941.41 | 29294.21 | 29380.00 | -1.11% | 2.16% | 14,217 BTC |
| During | 29380.01 | 29984.61 | 29339.57 | 29934.74 | 1.85% | 2.15% | 21,824 BTC |
| 8 Hours | |||||||
| Before | 29596.44 | 30223.74 | 29560.67 | 29792.13 | 0.66% | 2.19% | 16,628 BTC |
| During | 29792.13 | 29941.41 | 29294.21 | 29529.80 | -0.89% | 2.16% | 24,891 BTC |
| 12 Hours | |||||||
| Before | 29596.44 | 30223.74 | 29294.21 | 29380.00 | -0.74% | 3.08% | 27,110 BTC |
| During | 29380.01 | 30034.37 | 29339.57 | 29816.95 | 1.47% | 2.31% | 32,604 BTC |
