Flexity Analysis for BTCUSD

Forecast Overall(Short-Term, Long-Term): ST=Undecided LT=Probably Up

Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Same LT=Up

[Method1] ST=Down LT=Up

[Method2] ST=Up LT=Down

FlexityIndicator Analysis Method(0)

Here is the data structured and formatted in HTML for better readability: **Bitcoin Price Movement Forecast** **Short-term Analysis (next few days)**

Source	Signal	Price Movement
Elliott Wave Analysis	Bearish	Potential drop to $50,650
Price Analysis (Cointelegraph)	Bullish/Bearish	Possible rise to $100,000 or fall below $50,000
Hourly and Weekly Chart Analysis (U.Today)	Bullish	Growth likely to continue if daily bar closes above $61,246
Bullish Channel Analysis (FOREX24.PRO)	Bullish	Short-term bullish trend, expected upward rebound
Technical Outlook (IC Markets)	Bearish	Potential bearish reversal off pivot level at 61,155.46

**Short-term Forecast:** The price is likely to stay the same or experience a slight increase. **Long-term Analysis (next few weeks/months)**

Source	Signal	Price Movement
Elliott Wave Analysis	Bearish	Potential drop to $50,650
Price Analysis (Cointelegraph)	Bullish	Possible rise to $100,000
Bullish Channel Analysis (FOREX24.PRO)	Bullish	Long-term bullish trend, expected upward rebound

**Long-term Forecast:** The price is likely to go up. **Summary:** * Short-term forecast: The price is likely to stay the same or experience a slight increase. * Long-term forecast: The price is likely to go up.
Result: [Method0] ST=Same LT=Up

FlexityIndicator Analysis Method(1)

Here is the data structured and formatted in HTML for better readability: **BTCUSD Price Movement Analysis** **Short-term (next few days to a week)**

Source	Prediction
LiteFinance's Elliott Wave Analysis	Possible drop to around $50,650
IC Markets' Technical Outlook	Potential bearish reversal to fall towards $57,861.43
U.Today's Price Prediction	Sideways trading in the zone of $61,000-$63,000
FOREX24.PRO's Forecast	Test of the support level near $59,865 before continuing to grow

**Long-term (next few weeks to months)**

Source	Prediction
CoinCodex's Prediction	17.44% rise to reach $73,742 by October 11, 2024
CoinCodex's Trend Analysis	13.00% increase in the last 3 months and a 128.52% 1-year price change
FOREX24.PRO's Forecast	Growth with a target above $66,705

**Important Note** Please note that these analyses are based on a limited set of sources and should not be considered as investment advice. It's essential to conduct your own research, consider multiple sources, and stay up-to-date with market developments before making any investment decisions.
Result: [Method1] ST=Down LT=Up

FlexityIndicator Analysis Method(2)

Here is the data structured and formatted in HTML for better readability: **BTCUSD Price Movement Analysis** **Short-term Analysis (Last hour/day)**

Expected Price Movement	Reasoning
**UP**	Aggressive buying at lower levels Potential to rise to $65,000-$66,500 resistance zone if above $61,947 support Hourly chart suggests growth if daily bar closes above $61,246 with no long wick

**Long-term Analysis**

Expected Price Movement	Reasoning
**DOWN**	Elliott Wave analysis suggests declining in impulse C Recommended Take Profit at $50,650 Daily chart shows sideways trading in $60,000-$66,000 area, indicating potential consolidation before downward move

**Caution**

It's crucial to consider multiple sources and conduct thorough research before making trading decisions. The information provided is based on available search results and may not reflect real-time data or the most current market conditions.

Let me know if you'd like me to make any changes
Result: [Method2] ST=Up LT=Down