Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
BITCOIN Jul 2021 (CME:BTC.N21)
Bull Market Weakness (+75) - BTC.N21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTC.N21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTC.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.N21
The long-term trend has been DOWN since May 12th, 2021 at 48610
The intermediate-term trend has been UP since Jul 25th, 2021 at 35955
The short-term trend has been UP since Jul 21st, 2021 at 31860
Smart Scan Analysis for BTC.N21
Based on our trend formula, BTC.N21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).