BTCO Invesco Galaxy Bitcoin ETF Forecast, Technical & Fundamental Analysis
The investment seeks to reflect the performance of the spot price of bitcoin as measured using the Lukka Prime Bitcoin Reference Rate (the “benchmark”), less the trust’s expenses and other liabilities... Show more
BTCO's RSI Oscillator ascending out of oversold territory
The RSI Indicator for BTCO moved out of oversold territory on March 11, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 3 similar instances when the indicator left oversold territory. In of the 3 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTCO advanced for three days, in of 68 cases, the price rose further within the following month. The odds of a continued upward trend are .
BTCO 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
The Momentum Indicator moved below the 0 level on April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BTCO as a result. In of 21 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 BTCO turned negative on April 07, 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 8 similar instances when the indicator turned negative. In of the 8 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 BTCO 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 BTCO entered a downward trend on April 09, 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
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| QUAL | 165.65 | 13.23 | +8.68% |
| iShares MSCI USA Quality Factor ETF | |||
| NUMV | 32.42 | 2.14 | +7.07% |
| Nuveen ESG Mid-Cap Value ETF | |||
| EWZS | 10.59 | 0.67 | +6.75% |
| iShares MSCI Brazil Small-Cap ETF | |||
| SDOG | 53.64 | 3.18 | +6.30% |
| ALPS Sector Dividend Dogs ETF | |||
| TFJL | 20.59 | -0.01 | -0.05% |
| Innovator 20 Year Treasury Bond 5 Floor ETF | |||
BTCO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BTCO has been closely correlated with FBTC. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if BTCO jumps, then FBTC could also see price increases.
| Ticker / NAME | Correlation To BTCO | 1D Price Change % | ||
|---|---|---|---|---|
| BTCO | 100% | +7.14% | ||
| FBTC - BTCO | 100% Closely correlated | +7.30% | ||
| IBIT - BTCO | 100% Closely correlated | +7.43% | ||
| ARKB - BTCO | 100% Closely correlated | +7.21% | ||
| GBTC - BTCO | 97% Closely correlated | +7.31% | ||
| ETHE - BTCO | 77% Closely correlated | +11.97% |