Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
BITCOIN Nov 2023 (CME:BTC.X23)
Strong Uptrend (+100) - BTC.X23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BTC.X23 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 BTC.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.X23
The long-term trend has been UP since Oct 23rd, 2023 at 31000
The intermediate-term trend has been UP since Oct 1st, 2023 at 27905
The short-term trend has been UP since Nov 24th, 2023 at 37625
Smart Scan Analysis for BTC.X23
Based on our trend formula, BTC.X23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).