Future Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
BITCOIN Aug 2021 (CME:BTC.Q21)
Bear Market Rally (-75) - BTC.Q21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BTC.Q21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BTC.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.Q21
The long-term trend has been DOWN since Apr 22nd, 2021 at 50725
The intermediate-term trend has been UP since Jun 15th, 2021 at 40850
The short-term trend has been DOWN since Jun 16th, 2021 at 39045
Smart Scan Analysis for BTC.Q21
Based on our trend formula, BTC.Q21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).