BTDR Bounces from previous swing high support!NASDAQ:BTDR found support at the at the wave 1 high and R1 pivot and looks poised to continue to the first take profit target and all time High Volume Node tat $25! Wave (3) of 3 appears to be underway so should continue to be powerful!
Analysis is invalidated if we drop below $13 and lose the High Volume Node support which sits at the Fibonacci golden from the wave (2) bottom.
RSI did not reach overbought so has room to grow.
Safe trading
BTDR
Bitdeer We got the Breakout! BTDRLocal Analysis / Targets / Elliot Wave
NASDAQ:BTDR Price is breaking out aggressively as predicted in previous analysis. We got the push above the descending resistance line. The next target is the $24 all time High Volume Node resistance but wave 3 minimum target is above $30 per the Fibonacci extension tool.
RSI is overbought but with no divergences yet and can remain this way for weeks.
Standard Deviation Band Analysis
Standard deviation bands fair value line was tested as support and price is about to breakout above the SD+3 threshold starting a new trend into price discovery with a $50 target. Traders should still be cautious of a rejection in this area.
Safe trading
BTDR US ( Bitdeer Technologies Group) Long#Invest #US #BTDR #BTC #USDT
Bitdeer Technologies Group
Demonstrates Growth Through a Combination of Operational Improvements, Industry Trends, and Strategic Initiatives
Now, in order:
Bitdeer reported a significant 56.8% year-over-year revenue increase in Q2 2025 to $155.6 million. This growth was driven by a 42% increase in mining revenue and mining hardware sales
The company increased its monthly bitcoin mining volume by 45.6% in April 2025 compared to March
The rise in the price of bitcoin has directly impacted the profitability of Bitdeer's mining operations
Tether, the issuer of USDT , increased its stake in Bitdeer to 21.4% in March 2025, and then to over 24% in April
The company is actively expanding its energy and data center capacity. 361 MW of capacity has been commissioned since the beginning of 2025, with the total available electrical capacity reaching 1.3 GW. This is expected to increase to 1.6 GW by the end of the year
Bitdeer has confirmed that it is on track to reach its own hashrate of 40 EH/s by the end of October 2025, and plans to exceed this figure by the end of the year
The company is focusing on the SEALMINER A4 project, which aims to achieve unprecedented chip efficiency of around 5 J/Th
Bitdeer plans to set up a production line in the US
Bitdeer held 1,502 bitcoins (worth around $170 million at the time) at the end of Q2 2025, up significantly from 113 BTC the year before
BTDR Still in a triangle, Wave c of (C) downNASDAQ:BTDR Bitdeer was rejected harshly on the 4th test of the High Volume Node (HVN) resistance, each test weakening the Node and adding probability to a breakout.
Wave c of an ABC within a triangle wave (C) appears to be underway with price closing below both the daily pivot and 200EMA. RSI has slight bullish divergence.
Until we get a break below wave (A) or a above wave (B) the analysis is good. Will readjust and update if anything changes. A breakdown below the triangle has a wave 2 target of the golden pocket Fibonacci retracement and HVN support at $9.63 and may offer a great buying opportunity.
Breakout target is the R5 daily pivot at $21.84
Safe trading
$BTDR Pressure Building?NASDAQ:BTDR still appears to be in a wave 2 triangle building pressure for a significant wave 3 up into price discovery.
Wave (II) found support a the golden pocket, shallower than the other miners! Price has tested the upper boundary of the triangle and High Volume Node multiple times at $15 and only once at the bottom threshold hinting at a breakout upwards. Each test makes the boundary weaker.
The weekly pivot point at $17 is the first area of resistance to watch followed by the all time high at $25
Analysis is invalidated below $6.44. RSI is only at the EQ so has room to grow.
Safe trading
$BTDR Closed above resistance!NASDAQ:BTDR Bitdeer closed above major resistance yesterday, despite BTC and alt coins having a bearish day, triggering our long signal in the Weekly Trade signals substack.
I am looking for price to start to accelerate in wave 3 and resistance now support to hold. If BTC reverses it will add additional tailwinds with a target of the major resistance above the R5 daily pivot $24
Safe trading
Mega bull trend starts now, CLSKIn short:
1) Goldencross soon to be triggered.
2) too see how the stock could perform (with accumulated, low 200dma), we can look in 2023. It peaked in mid July. After explosive rally in november.
3) 13$ levels is the 50% fibonacci..
4) 1st Elliot wave - people are skeptical. 2nd - woohoo. 3rd wave - fomo.
//Advancing in relative strength (CLSK/SPX).
//Small cap ( AMEX:IWM ) outperformance due to rate cut cycle (starts in September). Evidence is yesterday broadening rally.
//52WH is at november 18$. Expect a gamma squeeze?
position based on probabilities. I never make targets (future is unknown).
🥂
Technical Analysis of Bitdeer Technologies Group.Long Position:
Entry Point: Consider entering a long position if the stock breaks and holds above $12.00.
Target Price: $15.00
Stop Loss: $10.50 (to protect against significant downside risk)
Short Position:
Entry Point: A short position could be considered if the stock falls below $10.00.
Target Price: $8.50
Stop Loss: $11.00 (to limit potential losses)
Based on the technical indicators and current price action, Bitdeer Technologies Group exhibits strong potential for further growth. Analysts have set a 1-year price target of $15.06, representing a potential upside of approximately 31.16% from the current price.
Bullish Scenario: If the stock maintains its upward momentum, breaking through the resistance level at $12.50, we could see a quick rally towards $15.00. The strong buy rating from analysts further supports this view.
Bearish Scenario: Should the stock face downward pressure, critical support levels are at $10.50 and $9.50. A breach below these levels could indicate a trend reversal.
Bitdeer Technologies Group is positioned well for growth with its current bullish trend and positive technical indicators. However, traders should remain vigilant and use appropriate stop-loss orders to manage risk effectively. The stock's balanced RSI and strong moving averages make it an attractive candidate for long positions, with a speculative price target of $15.00 within the next year.
BITDEER deserves to be re-rated HIGHERBased on fundamentals and technicals of course!
This company I expect to comfortably trade as a double digit company by years end
And during the #Bitcoin bull top even has the potential to tag this log projection
we can see an Inverse head and shoulders clearly being formed.
Yet to trigger, but it has some impressive projections.
Will Bitdeer outperform it's more well known rival #Mining competitors?