Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
BITCOIN Jun 2021 (CME:BTC.M21)
Weak Downtrend (-65) - BTC.M21 is showing signs of a strengthening downtrend. Monitor BTC.M21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BTC.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.M21
The long-term trend has been UP since Feb 8th, 2021 at 42030
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 56520
The short-term trend has been DOWN since Apr 16th, 2021 at 63845
Smart Scan Analysis for BTC.M21
Based on our trend formula, BTC.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).