BRRR CoinShares Bitcoin ETF Forecast, Technical & Fundamental Analysis
The investment seeks to reflect the performance of the value of a bitcoin as represented by the CME CF Bitcoin Reference Rate – New York Variant, less the Trust’s liabilities and expenses... Show more
Momentum Indicator for BRRR turns positive, indicating new upward trend
BRRR saw its Momentum Indicator move above the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator turned positive. In of the 21 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for BRRR just turned positive on April 11, 2025. Looking at past instances where BRRR's MACD turned positive, the stock continued to rise in of 7 cases over the following month. The odds of a continued upward trend are .
BRRR moved above its 50-day moving average on April 21, 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 BRRR advanced for three days, in of 68 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BRRR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BRRR broke above its upper Bollinger Band on April 22, 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 BRRR entered a downward trend on April 11, 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
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BRRR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BRRR has been closely correlated with IBIT. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if BRRR jumps, then IBIT could also see price increases.
| Ticker / NAME | Correlation To BRRR | 1D Price Change % | ||
|---|---|---|---|---|
| BRRR | 100% | +2.20% | ||
| IBIT - BRRR | 100% Closely correlated | +2.15% | ||
| FBTC - BRRR | 100% Closely correlated | +2.22% | ||
| ARKB - BRRR | 100% Closely correlated | +2.17% | ||
| GBTC - BRRR | 98% Closely correlated | +2.14% | ||
| ETHE - BRRR | 77% Closely correlated | +5.01% |