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's Stochastic Oscillator remains in 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
BITX moved above its 50-day moving average on August 22, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BITX advanced for three days, in of 119 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 135 cases where BITX 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 Momentum Indicator moved below the 0 level on August 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BITX as a result. In of 41 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BITX turned negative on August 15, 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 18 similar instances when the indicator turned negative. In of the 18 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 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 .
BITX broke above its upper Bollinger Band on August 13, 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.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| KEMX | 33.12 | 0.55 | +1.70% |
| KraneShares MSCI Em Mkts ex CHN ETF | |||
| PSF | 20.42 | 0.15 | +0.74% |
| COHEN & STEERS SELECT PREFERRED AND Income FUND | |||
| TLTI | 45.92 | 0.32 | +0.70% |
| NEOS Enhanced Income 20+ Yr Trsy Bd ETF | |||
| BSJQ | 23.33 | 0.06 | +0.26% |
| Invesco BulletShares 2026 HY Corp Bd ETF | |||
| JETD | 6.71 | -0.79 | -10.48% |
| MAX Airlines -3X Inverse Leveraged ETN | |||
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% | +8.10% | ||
| FBTC - BITX | 99% Closely correlated | +4.09% | ||
| ARKB - BITX | 99% Closely correlated | +4.05% | ||
| IBIT - BITX | 99% Closely correlated | +4.02% | ||
| GBTC - BITX | 98% Closely correlated | +4.12% | ||
| GDLC - BITX | 82% Closely correlated | +5.85% | ||
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