Is Bitdeer Technologies Group technically bullish or bearish?

Jun 25 2025 09:16 AM IST
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As of June 18, 2025, the technical trend has shifted to mildly bearish due to bearish daily moving averages and weekly Bollinger Bands, despite some mixed signals from the weekly MACD and monthly KST.
As of 18 June 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, primarily driven by the daily moving averages indicating bearish momentum and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD remains mildly bullish and the monthly KST shows bullish signals, these are overshadowed by the bearish signals from the Bollinger Bands on the weekly timeframe and the bearish daily moving averages. Overall, the mixed signals suggest caution, with a prevailing bearish sentiment in the short term.
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