BITC Bitwise Trendwise Bitcoin&TreasRotaStrat Forecast, Technical & Fundamental Analysis
The investment seeks to provide investors with capital appreciation... Show more
BITC in +0.10% Uptrend, rising for three consecutive days on March 10, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BITC advanced for three days, in of 107 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 28, 2025. You may want to consider a long position or call options on BITC as a result. In of 36 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BITC just turned positive on February 07, 2025. Looking at past instances where BITC's MACD turned positive, the stock continued to rise in of 16 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 24 cases where BITC's Stochastic Oscillator exited the overbought zone, the price fell further within 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 BITC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BITC broke above its upper Bollinger Band on March 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BITC entered a downward trend on February 12, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Digitalccurrency
BITC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BITC has been closely correlated with BITO. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if BITC jumps, then BITO could also see price increases.
| Ticker / NAME | Correlation To BITC | 1D Price Change % | ||
|---|---|---|---|---|
| BITC | 100% | +0.07% | ||
| BITO - BITC | 99% Closely correlated | -9.39% | ||
| ARKB - BITC | 94% Closely correlated | -9.02% | ||
| FBTC - BITC | 94% Closely correlated | -9.18% | ||
| GBTC - BITC | 93% Closely correlated | -9.25% | ||
| GDLC - BITC | 82% Closely correlated | -10.66% | ||
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