BTBT | Long | Ethereum Treasury Pivot with Capital Backing | (July 2025)
1️⃣ Short Insight Summary
Bit Digital (BTBT) is in the middle of a strategic transformation—shifting from Bitcoin mining to Ethereum treasury and staking. With heavy ETH accumulation, a pending HPC IPO, and strong cash reserves, this could be an early-stage Ethereum-aligned growth story.
2️⃣ Trade Parameters
Bias: Long
Entry: Around $2.27–$2.40 zone (attractive weekly support, favorable R:R setup)
Stop Loss: Hidden below major consolidation base at ~$1.73 (compound zone, strong invalidation)
TP1: $3.68 (first partial exit – take 40% off the table)
TP2: $5.00 (final exit for 80%+ position close)
Trailing Remainder: Keep small exposure above $5 with stop loss moved to entry or in profit
3️⃣ Key Notes
✅ BTBT has one of the largest institutional ETH holdings, and its $162M ETH-backed raise shows investor confidence
✅ Consolidation since 2023 suggests a base is forming; current range-bound structure could break upward with ETH strength
✅ WhiteFiber spin-out (HPC IPO) could be a value-unlocking catalyst
❌ Still unprofitable with a $79M net loss—execution risk remains
❌ Heavy resistance zones ahead; market needs strong ETH narrative to break through
❌ Dilution from recent offerings could cap upside if investor interest wanes
4️⃣ Optional Follow-up Note
Watching this setup closely on weekly and daily. If we break $3.68 with volume, I’ll consider re-entering or extending targets in a future update.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary
Bit Digital (BTBT) is in the middle of a strategic transformation—shifting from Bitcoin mining to Ethereum treasury and staking. With heavy ETH accumulation, a pending HPC IPO, and strong cash reserves, this could be an early-stage Ethereum-aligned growth story.
2️⃣ Trade Parameters
Bias: Long
Entry: Around $2.27–$2.40 zone (attractive weekly support, favorable R:R setup)
Stop Loss: Hidden below major consolidation base at ~$1.73 (compound zone, strong invalidation)
TP1: $3.68 (first partial exit – take 40% off the table)
TP2: $5.00 (final exit for 80%+ position close)
Trailing Remainder: Keep small exposure above $5 with stop loss moved to entry or in profit
3️⃣ Key Notes
✅ BTBT has one of the largest institutional ETH holdings, and its $162M ETH-backed raise shows investor confidence
✅ Consolidation since 2023 suggests a base is forming; current range-bound structure could break upward with ETH strength
✅ WhiteFiber spin-out (HPC IPO) could be a value-unlocking catalyst
❌ Still unprofitable with a $79M net loss—execution risk remains
❌ Heavy resistance zones ahead; market needs strong ETH narrative to break through
❌ Dilution from recent offerings could cap upside if investor interest wanes
4️⃣ Optional Follow-up Note
Watching this setup closely on weekly and daily. If we break $3.68 with volume, I’ll consider re-entering or extending targets in a future update.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.