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Stock Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (PACF:BTC)
Bear Market Rally (-75) - BTC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BTC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BTC
The long-term trend has been DOWN since Aug 5th, 2024 at 5.52
The intermediate-term trend has been DOWN since Sep 4th, 2024 at 5.03
The short-term trend has been UP since Sep 10th, 2024 at 5.08
Smart Scan Analysis for BTC
Based on our trend formula, BTC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0500 | 5.1499 | 4.9221 | 5.1150 | -0.0250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1100 | 7501677 | 2024-09-11 15:58:51 |
| 52wk High | 5.93 | 52wk High Date | 2024-07-31 |
| 52wk Low | 4.4 | 52wk Low Date | 2024-08-05 |
| Average Volume | 6,994,036 |