Bit Digital (BTBT) Technical Analysis: Signals, Charts & Indicators

2.00 / 10

Underperform

Technically, BTBT is in a weak state with a composite score of 2.0/10. Dominant bearish signals include Three Black Crows (score 2.93), Long Upper Shadow (2.05), and MACD Death Cross (1.00), indicating declining momentum and potential downside. Although Long Lower Shadow (2.59) and MACD Golden Cross (1.43) show some resistance, the preponderance of negative indicators outweighs them. The recent pattern of alternating MACD crosses underscores volatility and a lack of clear bullish leadership, warranting caution for short-term traders.

Analysis Checks(0/5)

Long Upper Shadow

Score2.05/10

Win Rate39.22%

Hist. Signals51

Avg Return1.33%

Long Lower Shadow

Score2.59/10

Win Rate44.44%

Hist. Signals54

Avg Return0.86%

Three Black Crows

Score2.93/10

Win Rate50.00%

Hist. Signals2

Avg Return-5.00%

MACD Death Cross

Score1/10

Win Rate25.00%

Hist. Signals8

Avg Return-5.41%

MACD Golden Cross

Score1.43/10

Win Rate33.33%

Hist. Signals9

Avg Return0.47%

What is the current technical signals for BTBT?

BTBT presents a Underperform setup with a Technical Score of 2.00/10. Key technical indicators highlight an RSI of 39.98 and a MACD of -0.10, with the trend anchored by the 50-Day SMA at 2.15. Traders should monitor key support at 1.42 and resistance at 1.67.