BITO price rediction 2025-2031: Is BITO a good buy?

Source Cryptopolitan

Key takeaways:

  • Our Bito price prediction indicates a high of $31.95 in 2025.
  • In 2027 it will range between $32.10 and $34.50, with an average price of $34.20.
  • In 2030, it will range between $35.54 and $38.50, with an average price of $38.20.

In the constantly shifting domain of cryptocurrency investments, the ProShares Bitcoin Strategy ETF (BITO) emerges as a notable innovation, providing investors with an avenue to gain exposure to Bitcoin via the Bitcoin futures market. Launched as the first ETF of its kind, BITO has attracted attention from various quarters of the investment community, ranging from seasoned cryptocurrency enthusiasts to traditional investors seeking to diversify their portfolios with digital assets. This post delves into the BITO price predictions, navigating through its performance, the underlying factors influencing its market movements, and the broader economic indicators at play.

Overview

TokenProShares Bitcoin ETF
TickerBITO
Current price$24.41
Trading volume$2.36M
All-time high$24.48
All-time low$23.65

BITO price prediction: Technical analysis

MetricValueAction
RSI (14)52.71Neutral
STOCH (9,6)48.25Neutral
STOCHRSI (14)91.08Sell
MACD (12,26)-0.1744Buy
ADX (14)13.95Neutral
William %R-19.79Sell
CCI (14)45.64Neutral

BITO price analysis

Bitcoin’s post-election rally is consolidating, with positive momentum still present and potential for further gains as Trump’s crypto-friendly administration forms.

The BITO ETF is underperforming due to its reliance on futures contracts and new Bitcoin ETFs launched in 2024 offer better returns and lower expenses. The launch of IBIT options in November 2024 removed BITO’s last unique attraction (options), leading to a “sell” rating for BITO.

Bitcoin Strategy ETF’s price analysis on a 1-day chart

ProShares Bitcoin ETF 1-day chart
ProShares Bitcoin ETF 1-day chart

Based on the 1-day price chart, the ProShares Bitcoin Strategy ETF is experiencing a period of consolidation after a significant bullish trend. The upward movement broke through previous resistance levels with high volatility, as indicated by the Willam Alligator trendlines.

BITO ETF price action on a 4-hour price chart

ProShares Bitcoin ETF 4-hour chart
ProShares Bitcoin ETF 4-hour chart

Analyzing the four-hour chart for the ProShares Bitcoin Strategy ETF (BITO), we observe a current trading price of $23.78, with the ETF navigating between established support at approximately $22.26 and resistance around $24.95. The MACD indicator suggests bullish momentum as it crosses above the signal line, hinting at a possible upcoming test of the resistance level. Whether BITO can breach and hold above $25 may dictate the short-term trend, signaling further bullish potential. Conversely, a retreat from this resistance could see prices revisiting the support level. 

BITO technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action 
SMA1023.68BUY
SMA 2123.93BUY
SMA 5024.18BUY
SMA 10021.41BUY
SMA 20022.94BUY

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 1023.74BUY
EMA 2123.92BUY
EMA 5023.53BUY
EMA 10022.77BUY
EMA 20022.05BUY

What to expect from BITO price analysis next?

Per our technical indicators, BITO’s price trend is bullish and the fear and greed index shows a neutral market sentiment. A breach below support levels might indicate a deeper retracement or a trend reversal.

Why is BITO down?

BITO is correcting from previous highs set in the last quarter of 2024, the drop could be attributed to the crypto market’s general bearish sentiment which saw its market cap drop below $3.2 trillion.

Will BITO reach $50?

Per our Cryptopolitan price prediction, BITO will break above $50 in the period ending 2030.

Will BITO reach $100?

Per our Cryptopolitan price prediction, it remains highly unlikely for BITO to break above $100 in the period ending 2031.

Will BITO reach $1000?

Per our price prediction, BITO is highly unlikely to reach $1000 before 2031.

Does BITO have a good long-term future?

Like most mega-altcoins, BITO is trading at its lowest level this year. A break below 30 RSI will be crucial to sending it to previous highs. Looking ahead, BITO will register new all-time highs in the coming years.

Is BITO a good investment?

Currently, the ETF price is in a pullback phase, representing a buying opportunity if the price holds above the support levels and the RSI remains above the oversold region.

Recent news

BITO was the first Bitcoin ETF and to take this position, it had to employ a complex strategy of trading futures contracts, which negatively affected its returns. Now new ETFs in 2024 provide stiff competition for buy-and-hold investors.

BITO price predictions January 2025

The BITO price forecast for January is a maximum price of $26.82 and a minimum price of $22.10. The average price for the month will be $24.41.

MonthPotential low ($)Potential average ($)Potential high ($)
January22.1024.4126.82

BITO price prediction 2025

For the last month of 2025, BITO’s price will range between $18.42 and $27.28. The average price for the period will be $23.10.

YearPotential low ($)Potential average ($)Potential high ($)
202518.4223.1027.28

Cryptopolitan Proshares Bitcoin Strategy ETF Price Predictions 2026-2031

YearMinimum Price ($)Average Price ($)Maximum Price ($)
202627.3529.5031.95
202732.1034.2034.50
202835.5438.2038.50
202938.0243.6044.98
203045.3349.5050.25
203149.1054.9063.10

Proshares Bitcoin Strategy ETF Price Prediction 2026

Our Proshares Bitcoin Strategy ETF Price Prediction for 2026 indicates that BITO ETF will trade at an average price of $29.50, with a maximum price of $31.95, and a minimum market price of $27.35.

Proshares Bitcoin Strategy ETF Price Prediction 2027

Per our Proshares Bitcoin Strategy ETF price predictions for 2027, BITO ETF will reach a maximum price of $34.50, a minimum price of $32.10, and a projected average price of $34.20.

Proshares Bitcoin Strategy ETF Price Prediction 2028

Based on our Proshares Bitcoin Strategy ETF price predictions for 2028, investors can expect the BITO ETF to attain a maximum price of $38.50, an average forecast price of $38.20, and a minimum price of $35.54.

Proshares Bitcoin Strategy ETF Price Prediction 2029

Our Proshares Bitcoin Strategy ETF Price Prediction for 2029 indicates that BITO ETF will trade at an average price of $43.60, with a maximum price of $44.98, and a minimum price of $38.02.

Proshares Bitcoin Strategy ETF Price Prediction 2030

According to our BITO ETF price prediction for 2030, the stock could reach a maximum price of $50.25, a predicted average trading price of $49.50, and a minimum price of $45.33.

Proshares Bitcoin Strategy ETF Price Prediction 2031

We estimate a maximum market price of $63.10 for the Proshares Bitcoin Strategy ETF in 2031, along with a minimum price of $49.10 and an average market value of $54.90.

BITO price prediction 2025 - 2031
BITO price prediction 2025 – 2031

BITO market price prediction: Analyst’s BITO price forecast

Platform202520262027
Coindataflow$23.75$10.84$9.73
Stockscan$24.09$24.20$19.68

Cryptopolitan’s BITO price prediction

Our predictions show that BITO will achieve a high of $27.28 in 2025. In 2027, it will range between $32.10 and $34.50, with an average of $34.20. In 2030, it will range between $45.33 and $50.25, with an average price of $49.50. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

BITO historic price sentiment

BITO price history
BITO price history
  • The ProShares Bitcoin Strategy ETF (BITO) arrived on the market scene in 2021 and launched at a promising opening price of about $40. 
  • The market trends for the subsequent year, 2022, saw this confidence tested as BITO’s value dropped to as low as $10.15 amidst a broader market recalibration, reflecting the intrinsic volatility of cryptocurrency assets. 
  • Moving into 2023, BITO began to recover, tracing a path of gradual growth. This upward trend indicated renewed investor confidence, backed by a deeper understanding and acceptance of the cryptocurrency market’s dynamics. 
  • By early 2024, BITO had recaptured much of its lost ground rising to a high of $33.79.
  • It corrected in the second and third quarters of 2024 dripping into as low as $16.11.
  • It then marked renewed interest into 2025 as it rose above the $20 mark.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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