BTC Spot Indicator
The current Bitcoin price is $67,565. Will it drop from here, or find its way back up toward $70,000?
That’s one of the main questions constantly on the minds of many investors and traders in BTC and the financial products tied to the world’s most popular crypto.
While no one can say for sure which way Bitcoin will go, our indicator (image) has been 81% accurate in predicting BTC’s price direction so far.
This is one of the tools we use for buying and selling Bitcoin spot with our own capital and deciding when to adjust the type of collateral in our trading strategies for Bitcoin perpetual futures.
When the indicator shows a “Sell” signal (or a switch to USDT), it’s often been a smart move to sell Bitcoin for stablecoins. Conversely, when it signals a “Buy” (switch to BTC), the opposite is true.
The indicator determines whether it’s time to buy or sell based on various factors including – but not limited to – volume, volatility, trend strength, and trend direction.
Right now, the Sell signal our indicator gave on April 10 is still in effect.
This is not financial advice—always do your own research. This information simply highlights one of the tools we use to help anticipate which direction Bitcoin might be heading. Past successes we’ve achieved using this tool are no guarantee of future results, so please view this message purely for entertainment purposes and as a glimpse into how we operate.