


Technical Sentiment Analysis for ProShares Bitcoin ETF (BITO). As of 2026-07-02, ProShares Bitcoin ETF (BITO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 3 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITO stands at 40.49, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.42, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 21.7 and the Commodity Channel Index (CCI) at -27.23 further confirm a -0.39 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITO is trading below its 60-day moving average of $9.78 and below its 200-day long-term moving average of $12.44. Key price levels to watch include the immediate resistance at $8.84 and strong support at $7.79. A break above $8.84 could signal a bull continuation, while falling below $7.79 may test the next Fibonacci floor at $7.31.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.74 | 7.31 | 7.79 | 8.36 | 8.84 | 9.41 | 9.89 |
| Fibonacci | 7.31 | 7.71 | 7.95 | 8.36 | 8.76 | 9 | 9.41 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 40.49 |
| Stochastic Oscillator | 21.7 |
| Stochastic RSI | 19.03 |
| Commodity Channel Index (CCI) | -27.23 |
| Awesome Oscillator | -1.06 |
| Momentum | -0.39 |
| MACD | -0.42 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.15 | Buy |
| 10-Day | 8.28 | Buy |
| 20-Day | 8.46 | Sell |
| 60-Day | 9.78 | Sell |
| 200-Day | 12.44 | Sell |
| 250-Day | 14.18 | Sell |