


Technical Sentiment Analysis for ProShares Bitcoin ETF (BITO). As of 2026-05-05, ProShares Bitcoin ETF (BITO) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BITO stands at 67.17, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.27, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 88.16 and the Commodity Channel Index (CCI) at 170.04 further confirm a 0.86 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITO is trading below its 60-day moving average of $9.81 and below its 200-day long-term moving average of $14.72. Key price levels to watch include the immediate resistance at $11.16 and strong support at $10.23. A break above $11.16 could signal a bull continuation, while falling below $10.23 may test the next Fibonacci floor at $9.78.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.3 | 9.78 | 10.23 | 10.71 | 11.16 | 11.64 | 12.09 |
| Fibonacci | 9.78 | 10.13 | 10.35 | 10.71 | 11.06 | 11.28 | 11.64 |
2026-05-05
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 67.17 |
| Stochastic Oscillator | 88.16 |
| Stochastic RSI | 76.45 |
| Commodity Channel Index (CCI) | 170.04 |
| Awesome Oscillator | 0.69 |
| Momentum | 0.86 |
| MACD | 0.27 |
2026-05-05
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 10.73 | Buy |
| 10-Day | 10.68 | Buy |
| 20-Day | 10.44 | Buy |
| 60-Day | 9.81 | Buy |
| 200-Day | 14.72 | Sell |
| 250-Day | 16.12 | Sell |