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Crypto Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Bitcoin (CRYPTO:BTCUSD)

Weak Uptrend (+65) - BTCUSD is showing signs of weakening momentum to the upside. Monitor 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.

CRYPTO_BTCUSD
Open High Low BTCUSD Price Change
26357.125 27305.230 27305.230 26969.430 +612.305
Entry Signal

MarketClub’s Trade Triangles for BTCUSD

long term up The long-term trend has been UP since Jan 17th, 2023 at 21470.58000000

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2023 at 30382.47499996

short term up The short-term trend has been UP since Sep 27th, 2023 at 26714.42500000

Smart Scan Analysis for BTCUSD

Based on our trend formula, BTCUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BTCUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26357.125 27305.230 27305.230 26969.430 +612.305
Prev. Close Volume Bid Ask Time
26357.125 2023-09-28 18:11:16
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