Crypto Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
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.
MarketClub’s Trade Triangles for BTCUSD
The long-term trend has been UP since Jan 17th, 2023 at 21470.58000000
The intermediate-term trend has been DOWN since Jul 17th, 2023 at 30382.47499996
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).