GBTC Grayscale Bitcoin Trust ETF Forecast, Technical & Fundamental Analysis
The investment seeks to reflect the value of the Bitcoin held by the Trust, determined by reference to the index price, less the trust’s expenses and other liabilities... Show more
GBTC's RSI Oscillator recovers from oversold territory
The RSI Indicator for GBTC 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 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 04, 2025. You may want to consider a long position or call options on GBTC as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GBTC just turned positive on March 19, 2025. Looking at past instances where GBTC's MACD turned positive, the stock continued to rise in of 42 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 GBTC advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where GBTC's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 GBTC 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 GBTC 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.
General Information
Category Digitalccurrency
GBTC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GBTC has been closely correlated with ARKB. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if GBTC jumps, then ARKB could also see price increases.
| Ticker / NAME | Correlation To GBTC | 1D Price Change % | ||
|---|---|---|---|---|
| GBTC | 100% | +2.41% | ||
| ARKB - GBTC | 98% Closely correlated | +2.46% | ||
| BRRR - GBTC | 98% Closely correlated | +2.50% | ||
| BTCW - GBTC | 98% Closely correlated | +2.54% | ||
| FBTC - GBTC | 98% Closely correlated | +2.57% | ||
| IBIT - GBTC | 98% Closely correlated | +2.45% | ||
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