


Technical Sentiment Analysis for ProShares Bitcoin ETF (BITO). As of 2026-07-07, ProShares Bitcoin ETF (BITO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 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 47.22, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.32, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 54.26 and the Commodity Channel Index (CCI) at 37.21 further confirm a -0.11 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BITO is trading below its 60-day moving average of $9.74 and below its 200-day long-term moving average of $12.32. Key price levels to watch include the immediate resistance at $8.71 and strong support at $7.86. A break above $8.71 could signal a bull continuation, while falling below $7.86 may test the next Fibonacci floor at $7.44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 7.01 | 7.44 | 7.86 | 8.29 | 8.71 | 9.14 | 9.56 |
| Fibonacci | 7.44 | 7.76 | 7.96 | 8.29 | 8.61 | 8.81 | 9.14 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.22 |
| Stochastic Oscillator | 54.26 |
| Stochastic RSI | 38.24 |
| Commodity Channel Index (CCI) | 37.21 |
| Awesome Oscillator | -0.75 |
| Momentum | -0.11 |
| MACD | -0.32 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.35 | Buy |
| 10-Day | 8.27 | Buy |
| 20-Day | 8.48 | Buy |
| 60-Day | 9.74 | Sell |
| 200-Day | 12.32 | Sell |
| 250-Day | 14.08 | Sell |