Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
BITCOIN Oct 2021 (CME:BTC.V21)
Bull Market Weakness (+75) - BTC.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTC.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTC.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.V21
The long-term trend has been UP since Aug 13th, 2021 at 46500
The intermediate-term trend has been UP since Oct 4th, 2021 at 48705
The short-term trend has been DOWN since Oct 22nd, 2021 at 62175
Smart Scan Analysis for BTC.V21
Based on our trend formula, BTC.V21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).