Crypto Trend Analysis Report
Prepared for you on Saturday, November 2, 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 UP since Oct 28th, 2024 at 69979.085
The intermediate-term trend has been UP since Sep 23rd, 2024 at 64061.380
The short-term trend has been DOWN since Nov 1st, 2024 at 72657.185
Smart Scan Analysis for BTCUSD
Based on our trend formula, BTCUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
69581.210 | 69799.995 | 69799.995 | 69400.005 | -181.205 |
Prev. Close | Volume | Bid | Ask | Time |
69581.210 | 2024-11-02 18:03:03 |