BITX 2x Bitcoin Strategy ETF Forecast, Technical & Fundamental Analysis
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of bitcoin... Show more
BITX sees MACD Histogram crosses below signal line
BITX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 23, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 20 instances where the indicator turned negative. In of the 20 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 22, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BITX as a result. In of 44 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
BITX moved below its 50-day moving average on September 19, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BITX crossed bearishly below the 50-day moving average on August 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 4 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BITX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITX advanced for three days, in of 120 cases, the price rose further within the following month. The odds of a continued upward trend are .
BITX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Advertisement
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| GXLM | 32.20 | 0.45 | +1.42% |
| Grayscale Stellar Lumens Trust (XLM) | |||
| EBND | 21.32 | 0.06 | +0.28% |
| SPDR® Blmbg Em Mkts Lcl Bd ETF | |||
| FLJH | 36.64 | -0.03 | -0.09% |
| Franklin FTSE Japan Hedged ETF | |||
| SCD | 15.48 | -0.06 | -0.42% |
| LMP Capital and Income Fund | |||
| KDEF | 48.00 | -0.65 | -1.34% |
| Plus Korea Defense Industry Index ETF | |||
BITX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BITX 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 BITX jumps, then FBTC could also see price increases.
| Ticker / NAME | Correlation To BITX | 1D Price Change % | ||
|---|---|---|---|---|
| BITX | 100% | -0.57% | ||
| FBTC - BITX | 99% Closely correlated | -0.18% | ||
| IBIT - BITX | 98% Closely correlated | -0.26% | ||
| BITB - BITX | 98% Closely correlated | -0.15% | ||
| ARKB - BITX | 98% Closely correlated | -0.17% | ||
| GBTC - BITX | 95% Closely correlated | -0.13% | ||
More | ||||