GET DAILY SIGNALSCNBC: Bitcoin extends losses, slides under $3500 to lowest since September 2017
Coming off a week of heavy losses, bitcoin fell as much as 10 percent and set a fresh low at $3,447.58 on Sunday, according to data from CoinDesk. That was the cryptocurrency's lowest level since September 2017. It later recovered to roughly $3,945 as of 6 p.m. ET.
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BTC.X sees its Stochastic Oscillator ascending out of oversold territory
On November 04, 2026, the Stochastic Oscillator for BTC.X moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 83 instances where the indicator left the oversold zone. In 28 of the 83 cases the stock moved higher in the following days. This puts the odds of a move higher at over 34%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BTC.X's RSI Oscillator exited the oversold zone, 10 of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 27%.
The Momentum Indicator moved above the 0 level on November 04, 2026. You may want to consider a long position or call options on BTC.X as a result. In 38 of 145 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 26%.
Following a +4.86% 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in 123 of 425 cases, the price rose further within the following month. The odds of a continued upward trend are 29%.
BTC.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
BTC.X moved below its 50-day moving average on October 22, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BTC.X crossed bearishly below the 50-day moving average on October 25, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 5 of 22 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 23%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 30%.
The Aroon Indicator for BTC.X entered a downward trend on November 01, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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