Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
BITCOIN May 2021 (CME:BTC.K21)
Weak Downtrend (-65) - BTC.K21 is showing signs of a strengthening downtrend. Monitor BTC.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BTC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.K21
The long-term trend has been UP since Dec 28th, 2020 at 24380
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 55885
The short-term trend has been DOWN since Apr 16th, 2021 at 63115
Smart Scan Analysis for BTC.K21
Based on our trend formula, BTC.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).