Technical Analysis for BITB - Bitwise Bitcoin ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
NR7 | Range Contraction | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Gapped Down | Weakness | 0.00% | |
Stochastic Buy Signal | Bullish | -4.33% | |
Gapped Up | Strength | -4.33% | |
Oversold Stochastic | Weakness | -4.33% | |
Oversold Stochastic | Weakness | 0.80% | |
Narrow Range Bar | Range Contraction | -1.58% | |
Oversold Stochastic | Weakness | -1.58% | |
Lower Bollinger Band Walk | Weakness | -0.84% |
Alert | Time |
---|---|
Down 3% | about 9 hours ago |
Gapped Down (Full) | about 13 hours ago |
1.5x Volume Pace | about 13 hours ago |
Fell Below Previous Day's Low | about 13 hours ago |
Down 2 % | about 13 hours ago |
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Bitwise Bitcoin ETF Description
BITB aims to track the spot price of Bitcoin (BTC), less liabilities and expenses. It intends to provide investors with a cost-effective and convenient way to invest in Bitcoin. The fund owns Bitcoin directly and holds it in a multi-layer cold storage, which is a safeguarding method wherein the private keys providing access to the funds Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CME CF Bitcoin Reference Rate - New York Variant. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.
Classification
Keywords: Bitcoin Cryptocurrency Economics Of Bitcoin
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 40.16 |
52 Week Low | 21.05 |
Average Volume | 1,852,201 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 35.42 |
20-Day Moving Average | 35.35 |
10-Day Moving Average | 33.71 |
Average True Range | 1.28 |
RSI (14) | 40.83 |
ADX | 21.7 |
+DI | 18.12 |
-DI | 36.23 |
Chandelier Exit (Long, 3 ATRs) | 35.36 |
Chandelier Exit (Short, 3 ATRs) | 35.97 |
Upper Bollinger Bands | 39.25 |
Lower Bollinger Band | 31.45 |
Percent B (%b) | 0.19 |
BandWidth | 22.07 |
MACD Line | -0.86 |
MACD Signal Line | -0.61 |
MACD Histogram | -0.246 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 33.63 | ||||
Resistance 3 (R3) | 33.60 | 33.35 | 33.51 | ||
Resistance 2 (R2) | 33.35 | 33.18 | 33.36 | 33.47 | |
Resistance 1 (R1) | 33.15 | 33.07 | 33.25 | 33.18 | 33.44 |
Pivot Point | 32.90 | 32.90 | 32.95 | 32.91 | 32.90 |
Support 1 (S1) | 32.70 | 32.73 | 32.80 | 32.73 | 32.46 |
Support 2 (S2) | 32.45 | 32.62 | 32.46 | 32.43 | |
Support 3 (S3) | 32.25 | 32.45 | 32.39 | ||
Support 4 (S4) | 32.28 |