BITB Bitwise Bitcoin ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide exposure to the value of bitcoin held by the trust, less the expenses of the trust’s operations... Show more
Momentum Indicator for BITB turns positive, indicating new upward trend
BITB saw its Momentum Indicator move above the 0 level on June 11, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator turned positive. In of the 27 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITB advanced for three days, in of 81 cases, the price rose further within the following month. The odds of a continued upward trend are .
BITB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 72 cases where BITB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BITB moved out of overbought territory on May 28, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 8 similar instances where the indicator moved out of overbought territory. In of the 8 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 18 cases where BITB's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BITB turned negative on May 29, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 9 similar instances when the indicator turned negative. In of the 9 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BITB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Digitalccurrency
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RWEBX | 61.59 | -0.63 | -1.01% |
| American Funds Washington Mutual R2E | |||
| GSRCX | 11.59 | -0.16 | -1.36% |
| Goldman Sachs Rising Dividend Gr C | |||
| CDHAX | 33.82 | -0.49 | -1.43% |
| Calvert International Responsible Idx A | |||
| RMBBX | 15.98 | -0.26 | -1.60% |
| RMB Small Cap I | |||
| FCVIX | 19.27 | -0.39 | -1.98% |
| Fidelity Advisor Small Cap Value I | |||
BITB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BITB has been closely correlated with FBTC. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if BITB jumps, then FBTC could also see price increases.
| Ticker / NAME | Correlation To BITB | 1D Price Change % | ||
|---|---|---|---|---|
| BITB | 100% | -1.53% | ||
| FBTC - BITB | 99% Closely correlated | -1.54% | ||
| IBIT - BITB | 99% Closely correlated | -1.58% | ||
| ARKB - BITB | 99% Closely correlated | -1.54% | ||
| GBTC - BITB | 97% Closely correlated | -1.62% | ||
| ETHE - BITB | 77% Closely correlated | -6.18% |