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Crypto Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bitcoin (CRYPTO:BTCUSD)
Bull Market Weakness (+75) - BTCUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTCUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTCUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BTCUSD
The long-term trend has been DOWN since Jul 4th, 2024 at 59854.745
The intermediate-term trend has been UP since Jul 15th, 2024 at 64403.930
The short-term trend has been UP since Jul 26th, 2024 at 67552.055
Smart Scan Analysis for BTCUSD
Based on our trend formula, BTCUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67064.165 | 68204.990 | 68204.990 | 67882.175 | +818.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 67064.165 | 2024-07-26 19:34:28 |