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Crypto Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Bitcoin (CRYPTO:BTCUSD)

Strong Uptrend (+100) - BTCUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BTCUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
92207.765 93177.050 93177.050 93184.085 +976.320
Entry Signal

MarketClub’s Trade Triangles for BTCUSD

long term up The long-term trend has been UP since Oct 28th, 2024 at 69979.085

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2024 at 64061.380

short term up The short-term trend has been UP since Nov 18th, 2024 at 91861.905

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
92207.765 93177.050 93177.050 93184.085 +976.320
Prev. Close Volume Bid Ask Time
92207.765 2024-11-20 03:36:26
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