GRAYSCALE BITCN MINI TRU ETF (BTC) Stock Technical Analysis
USA - NYSEARCA:BTC - US3899302075 - ETF
52.04 USD
+0.82 (+1.6%)
52.0598 USD
+0.02 (+0.04%)
Overall BTC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, BTC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
BTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BTC has a been trading in the 47.81 - 52.27 range, which is quite wide. It is currently trading near the high of this range.
BTC has an average volume of 1273770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, BTC did better than 99% of all other stocks. On top of that, BTC also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
Although BTC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.19
54.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.76 to 51.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.92 to 48.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 52.39 to 53.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.45 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTC is up. |
| ChartMill Relative Strength | 99.39 | POSITIVE | BTC has a high relative strength, it outperformed 99.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.89 | NEUTRAL | The RSI value for BTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BTC has a positive trend. |
| Stochastics (14,3) | 93.03 | OVERBOUGHT | The high Stochastics value suggests BTC may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for BTC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.6 | NEGATIVE | The low ADX value for BTC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.15 | 48.79 | 4.36 (8.20%) | 12.19% |
| An entry @53.15. This is a Buy Stop order right above the resistance zone. | An exit @48.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.36 points, which is 8.20%. | For a 1.00% total portfolio risk, you can invest 12.19% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:BTC (9/18/2025, 5:29:14 PM)
After market: 52.0598 +0.02 (+0.04%)52.04
+0.82 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.6%
1 Week2.56%
2 Weeks7.03%
1 Month2.81%
3 Month13.77%
6 Month39.93%
12 Month832.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%2.32%
ATR Inc-5.58%
Range Today0.42
ADR(20)0.89
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.39
Mansfield2.05
10 Day High52.27
10 Day Low48.8
20 Day High52.27
20 Day Low47.81
52 Week High54.48
52 Week Low5.22
CS1 End51.17
CR1 Start52.39
Volume & EV
DER(3)1.95%
DER(5)2.32%
Volume995.40K
Volume Incr-1.89%
Vol(5)1.11M
Vol(50)1.27M