


Technical Sentiment Analysis for ProShares Short Bitcoin ETF (BITI). As of 2026-05-22, ProShares Short Bitcoin ETF (BITI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITI stands at 53.17, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.31, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.73 and the Commodity Channel Index (CCI) at 78.64 further confirm a 1.27 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITI is trading above its 60-day moving average of $24.21 and above its 200-day long-term moving average of $22.21. Key price levels to watch include the immediate resistance at $23.12 and strong support at $21.27. A break above $23.12 could signal a bull continuation, while falling below $21.27 may test the next Fibonacci floor at $20.34.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 19.42 | 20.34 | 21.27 | 22.19 | 23.12 | 24.04 | 24.97 |
| Fibonacci | 20.34 | 21.05 | 21.48 | 22.19 | 22.9 | 23.33 | 24.04 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 53.17 |
| Stochastic Oscillator | 79.73 |
| Stochastic RSI | 74.63 |
| Commodity Channel Index (CCI) | 78.64 |
| Awesome Oscillator | -0.14 |
| Momentum | 1.27 |
| MACD | -0.31 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 22.7 | Buy |
| 10-Day | 22.2 | Buy |
| 20-Day | 22.25 | Buy |
| 60-Day | 24.21 | Sell |
| 200-Day | 22.21 | Buy |
| 250-Day | 21.6 | Buy |