Bitcoin (BTC.CPT)

Close: 44 275.00 (+191.94), Sep 24, 2021
Hold

High risk

Automatic technical analysis. Medium term, Sep 24, 2021

Bitcoin has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. The currency has support at points 30000 and resistance at points 53000. Negative volume balance indicates that volume is high on days with falling prices and low on days with rising prices, which weakens the currency. The currency is overall assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold (Score: -3)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-3.02%10 790.11+0.44%
5 days-42.9810.50%12 492.77-7.46%
22 days-54.7931.52%11 306.34-10.77%
66 days3.7287.57%10 891.13+49.18%

More analyses of Bitcoin

chart Bitcoin (BTC) Candlesticks 22 Days
Candlesticks
chart Bitcoin (BTC) Short term
Short term: Weak Negative
chart Bitcoin (BTC) Medium term
Medium term: Hold
chart Bitcoin (BTC) Long term
Long term: Hold
 


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Data:


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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