BTBT Stock Price Prediction

Bit Digital Inc

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2.360

-0.010(-0.420%)

Overview
Forecast
Valuation
Earnings

Should I Buy Bit Digital Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. BTBT has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

BTBT stock price ended at $2.36 on Friday, after losing -0.42%

The Bit Digital Inc stock price decreased by -0.42% on the last trading day (30 May 2025), dropping from 2.34 to 2.36. Throughout the last trading session, the stock experienced a fluctuation of 4.39% , ranging from a day low of $2.28 to a day high of 2.38. The price has declined in 6 of the last 10 days, resulting in a total change of 14.56% during this period. On the last day, trading volume decrease by 87.67K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 14.38M shares were traded, amounting to approximately 33.67M.

BTBT Technical Signals

BTBT(Bit Digital Inc Corp) has 3 buy signals and 1 sell signal now. The current trend is uptrend starting from 2025-05-15. The total price change during this trend is +14.56%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of BTBT over the last 5 trading days is 40.21M. Overall, the technical indicator signals lean more toward a Bullish outlook in the mid-term.

BTBT Moving Average Analysis

Bit Digital Inc's overall moving average trend leans more bearish as of Sunday, June 1, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $2.767646666666667, and $3.000666666666667. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $2.0136866666666666, and $1.7806666666666664. A break-down below any of these levels will issue sell signals.

BTBT Short Selling Analysis

The short sale ratio of Bit Digital Inc(BTBT) as of 27 May 2025 is 33.16%, dropping from last trading day. With decreasing price from 2.50 to 2.58. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Buy

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.348

Bullish

Momentum (10 days)

MOM_10 > 0

0.3

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.104

Bullish

1 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Moving Average

5-day SMA crosses below 10-day SMA

Bearish

BTBT Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Bit Digital Inc(BTBT), our algorithm predicts BTBT's 1-month price at $1.48, with an -37.88%downwardshift. Using a similarity score up to 93.78%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Bit Digital Inc (BTBT.O) stock, as of Sunday, May 18, 2025 , forecasts a -37.88% change over the next month, based on its high correlation with USEG.O stock patterns. The similarity between their price movements over the analyzed periods is 93.78%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

BTBT

Future prediction

Up: -37.88%

USEG

Down: -37.88%Similarity: 93.78%

Name

Similarity

Up/Down

USEG.O

93.78%

-37.88%

WULF.O

93.24%

-9.25%

SFM.O

92.91%

-11.27%

RPD.O

92.82%

+6.39%

AKR.N

92.56%

-2.78%

BTCT.O

92.53%

-0.48%

DEA.N

92.40%

-2.39%

VLO.N

92.34%

+0.71%

MTN.N

92.25%

-9.59%

RWT.N

92.21%

-1.55%

BTBT Seasonality Analysis

Based on BTBT's historical stock price data across all years, the probability of a positive return in June is42.86%, suggesting it maynotbe an ideal month to invest in BTBT. In contrast,Julyoffers the highest probability of positive returns at85.71%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Bit Digital Inc (BTBT.O) stock in July has the highest probability of a positive return (85.71%), while February has the lowest probability (28.57%).

Performance Seasonality

The chart shows Bit Digital Inc. (BTBT)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.