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Crypto Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Bitcoin (CRYPTO:BTCUSD)

Strong Downtrend (-100) - BTCUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BTCUSD continues to fall. Traders should use caution and set stops.

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
20270.80 20332.21 20332.21 20058.06 -212.74
Entry Signal

MarketClub’s Trade Triangles for BTCUSD

long term down The long-term trend has been DOWN since Jan 6th, 2022 at 46159.87

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2022 at 41962.72

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 21482.38

Smart Scan Analysis for BTCUSD

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

-100
Smart Scan Analysis for BTCUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20270.80 20332.21 20332.21 20058.06 -212.74
Prev. Close Volume Bid Ask Time
20270.80 2022-06-29 03:53:56
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