


Technical Sentiment Analysis for ProShares Bitcoin ETF (BITO). As of 2026-06-12, ProShares Bitcoin ETF (BITO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 1 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITO stands at 32.38, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.55, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.03 and the Commodity Channel Index (CCI) at -73.41 further confirm a -1.37 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITO is trading below its 60-day moving average of $10.01 and below its 200-day long-term moving average of $13.16. Key price levels to watch include the immediate resistance at $9.68 and strong support at $7.93. A break above $9.68 could signal a bull continuation, while falling below $7.93 may test the next Fibonacci floor at $7.12.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.19 | 7.12 | 7.93 | 8.86 | 9.68 | 10.61 | 11.42 |
| Fibonacci | 7.12 | 7.79 | 8.2 | 8.86 | 9.53 | 9.94 | 10.61 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 32.38 |
| Stochastic Oscillator | 20.03 |
| Stochastic RSI | 18.14 |
| Commodity Channel Index (CCI) | -73.41 |
| Awesome Oscillator | -1.54 |
| Momentum | -1.37 |
| MACD | -0.55 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.56 | Buy |
| 10-Day | 8.75 | Sell |
| 20-Day | 9.57 | Sell |
| 60-Day | 10.01 | Sell |
| 200-Day | 13.16 | Sell |
| 250-Day | 14.84 | Sell |