FBTC Fidelity Wise Origin Bitcoin Fund Forecast, Technical & Fundamental Analysis
The investment seeks to track the performance of bitcoin, as measured by the Fidelity Bitcoin Reference Rate, adjusted for the trust’s expenses and other liabilities... Show more
FBTC saw its Stochastic Oscillator peaks and leaves the overbought zone
The Stochastic Oscillator for FBTC moved out of overbought territory on March 28, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 14 similar instances where the indicator exited the overbought zone. In of the 14 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FBTC as a result. In of 22 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 FBTC 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 FBTC entered a downward trend on March 17, 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 FBTC's RSI Indicator exited the oversold zone, of 3 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FBTC just turned positive on March 19, 2025. Looking at past instances where FBTC'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FBTC advanced for three days, in of 65 cases, the price rose further within the following month. The odds of a continued upward trend are .
FBTC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Digitalccurrency
| 1 Day | |||
|---|---|---|---|
| CRYPTO / NAME | Price $ | Chg $ | Chg % |
| BEL.X | 0.714531 | 0.076885 | +12.06% |
| Bella Protocol cryptocurrency | |||
| OOKI.X | 0.000049 | N/A | -0.82% |
| Ooki Protocol cryptocurrency | |||
| ONE.X | 0.010683 | -0.000123 | -1.14% |
| Harmony cryptocurrency | |||
| SEI.X | 0.172357 | -0.002837 | -1.62% |
| Sei cryptocurrency | |||
| HARD.X | 0.152672 | -0.006469 | -4.06% |
| Kava Lend cryptocurrency | |||
FBTC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FBTC 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 FBTC jumps, then IBIT could also see price increases.
| Ticker / NAME | Correlation To FBTC | 1D Price Change % | ||
|---|---|---|---|---|
| FBTC | 100% | -1.57% | ||
| IBIT - FBTC | 100% Closely correlated | -1.58% | ||
| BITB - FBTC | 100% Closely correlated | -1.54% | ||
| ARKB - FBTC | 100% Closely correlated | -1.64% | ||
| BRRR - FBTC | 100% Closely correlated | -1.60% | ||
| BTCO - FBTC | 100% Closely correlated | -1.78% | ||
More | ||||