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BITI Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Bottom BITI on July 08, 2025, netting in a 8.84% gain over 1 month

A.I.dvisor
at Tickeron.com
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+8.84% Gain from a Successful pattern Triangle Symmetrical Bottom
BITI - ProShares Shrt Bitcoin ETF
Tickeron
Ticker: BITI
Company: ProShares Shrt Bitcoin ETF
Gain from shorting: +8.84%
Confirmed: 07/08/25
Succeeded: 08/12/25
Total length: 57 days
On June 16, 2025, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for ProShares Shrt Bitcoin ETF (BITI, $19.37). 22 days later, on July 08, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On August 12, 2025, the stock hit the target price of $17.25 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for BITI turns negative, indicating new downward trend

BITI saw its Momentum Indicator move below the 0 level on August 11, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 67 similar instances where the indicator turned negative. In of the 67 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BITI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for BITI entered a downward trend on July 23, 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.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BITI's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for BITI just turned positive on August 14, 2025. Looking at past instances where BITI's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITI advanced for three days, in of 162 cases, the price rose further within the following month. The odds of a continued upward trend are .

BITI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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These past five trading days, the ETF lost 0.00% with an average daily volume of 0 shares traded.The ETF tracked a drawdown of 0% for this period.
A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Miscellaneous
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com