Stock Price Prediction

BTCT stock is currently trading at $11.69, significantly down from its recent highs due to a $20 million public offering priced at $8 per share, which diluted shareholder value. Despite this, the stock has gained 258.84% year-to-date, indicating strong momentum prior to the offering. Bulls may view the current price as a potential entry point, targeting a rebound to the Fibonacci resistance level of $9.10, supported by its neutral RSI of 49.02 and historical performance.

BTCT stock is bearish, currently trading at $6.14, down significantly from its recent highs. The 25% drop in December was triggered by a $20 million public offering priced at $8, creating dilution concerns. With neutral RSI levels and declining momentum, further downside risk remains likely.