Bakkt Holdings's 15min chart sees MACD Death Cross and Bollinger Bands Narrowing

Monday, Aug 18, 2025 2:06 pm ET1min read

Bakkt Holdings's 15-minute chart has exhibited a MACD Death Cross and Bollinger Bands Narrowing at 08/18/2025 14:00. This indicates that the stock price may continue to decline, with a potential decrease in the magnitude of price fluctuations.

Bakkt Holdings, Inc. (BKKT) reported its Q2 2025 earnings with a significant strategic realignment, focusing on a pure-play crypto infrastructure model. The company divested its Custody and Loyalty businesses, sold Bakkt Trust Company to Intercontinental Exchange (ICE), and secured a $75 million capital raise to support its growth initiatives. Bakkt's strategic pivot includes a partnership with Distributed Technologies Research (DTR) to integrate stablecoin and AI payment infrastructure, enhancing its regulated platform [1].

Key highlights from the earnings call included a net loss of $30.2 million, down 15.1% year-over-year, and an adjusted EBITDA loss of $12.6 million, improving 29.9% year-over-year. The company's total revenue for the quarter was $577.9 million, with gross crypto services revenue of $568.1 million [1].

Bakkt's strategic focus on stablecoin payments and crypto infrastructure aligns with broader market trends and regulatory environments. The company's optimism about the stablecoin payments market positions it well for growth in the digital asset sector. Bakkt's leadership transition, with Akshay Naheta assuming the role of sole CEO, emphasizes the company's commitment to long-term growth in the digital asset space [1].

Market Indicators:
As of July 2, 2025, Bakkt Holdings' 15-minute chart exhibited a MACD Death Cross and Bollinger Bands Narrowing, indicating potential stock price decline and reduced price fluctuations [2]. These technical indicators suggest a bearish trend, which may be influenced by broader market trends and regulatory uncertainties.

References:
[1] https://www.ainvest.com/news/bakkt-holdings-q2-2025-earnings-conference-call-transcript-2508/
[2] https://finance.yahoo.com/news/bakkt-holdings-inc-bkkt-q2-070825678.html

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