Future Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
BITCOIN Dec 2023 (CME:BTC.Z23)
Long-Term Uptrend (+90) - BTC.Z23 is in a strong uptrend that is likely to continue. While BTC.Z23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BTC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.Z23
The long-term trend has been UP since Oct 23rd, 2023 at 32145
The intermediate-term trend has been UP since Oct 2nd, 2023 at 27875
The short-term trend has been UP since Dec 1st, 2023 at 38745
Smart Scan Analysis for BTC.Z23
Based on our trend formula, BTC.Z23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).