Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Bitwise Bitcoin ETF Common Shares of Beneficial Interest (PACF:BITB)
Bull Market Weakness (+75) - BITB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BITB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BITB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BITB
The long-term trend has been DOWN since Mar 10th, 2025 at 44.12000
The intermediate-term trend has been UP since Apr 21st, 2025 at 47.58423
The short-term trend has been UP since May 8th, 2025 at 53.07000
Smart Scan Analysis for BITB
Based on our trend formula, BITB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.11 | 55.36 | 53.92 | 55.16 | +2.78 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.15 | 1077321 | 2025-05-08 15:59:21 |
| 52wk High | 59.07 | 52wk High Date | 2024-12-17 |
| 52wk Low | 27.02 | 52wk Low Date | 2024-08-05 |
| Average Volume | 1,129,994 | Shares Outstanding | 70,640 |