Meyka AI API is live for developers.Start building.
Advertisement
Bit Digital, Inc.

Bit Digital, Inc. (BTBT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bit Digital, Inc..

BTBTNASDAQ
Financial ServicesFinancial - Capital Markets
$1.64
$0.21(11.35%)
U.S. Market opens in 54h 22m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BTBT Technical Analysis Summary

Bit Digital, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.34)
Trend Strength:Strong (ADX: 33.66)
Volatility:High (ATR: 0.17)
Support/Resistance:$1.64 – $2.21 (Bollinger Bands)

Technical conditions suggest Bit Digital, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.34

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.53

Bearish
Momentum remains weak below midpoint.

Williams %R: -90.99

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.12

Strongly Bearish
Sharp downside momentum.

Takeaway:Bit Digital, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.66

Strong
Strong trend, momentum well established.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -125.47

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bit Digital, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.21
Middle Band (SMA 20)
$1.93
Lower Band
$1.64
Current Position
Within Bands

Takeaway:Bit Digital, Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$2.21
Middle Line (EMA 20)
$1.87
Lower Channel
$1.53
Squeeze Status
Squeeze On

Takeaway:Bit Digital, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume134.28M
Money Flow Index55.42Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.03Bearish, price momentum favors sellers.

Overall Takeaway:BTBT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Bit Digital, Inc., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bit Digital, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ