Bitcoin
Current Price $550.00
Expected Range = Underlying's Price * Implied Vol * (Time Frame Days *Target* / Square of 365)
BTC daily Expected range
$550.00 * XXX * 1 / 356 Squared
Time Frame component
Daily 1 / 356 Squared = 18.86
Weekly 7 / 356 Squared = 2.70
Monthly 30 / 356 Squared = 0.62
BALL PARK RANGE Daily $53.00
BALL PARK RANGE Weekly $ 370.30
BALL PARK RANGE MONTHLY $ 1612.00 FLOORED AT ZERO
LONGER TERM BELL CURVE EXPECTED TO CLEARLY OVER STATE and Flatten.
Expectation of 50 dollar move per day on 200 percent volatility, Give or TAKE.