Bit Digital (BTBT) stock consensus forecasts for 2028.
Last update: 10/13/2024, 12:07 AM
Brief information about Bit Digital, Inc.
Last trading day: 01/01/1970
Analyst forecast price: $5.73
52-week high/low: $5.27 / $0.971
Shares of Bit Digital, Inc. are traded on the stock exchange under the ticker BTBT and belong to the "Technology" sector. The head office is currently located at: 136-20 38TH AVE., SUITE 9A-2, FLUSHING, NY, US. The market capitalization of Bit Digital is $235 045 000. At the same time, the number of shares in circulation is 90 758 000. The company's earnings before interest, taxes and depreciation for last year (called EBITDA) was -12 441 496$. The company has no profit and is unprofitable.
Bit Digital (BTBT) Forecast for 2028
After collecting analyst forecasts for Bit Digital stock for 2028, we made one consensus forecast. For clarity, we will immediately build a forecast chart for 2028, which will include historical data on Bit Digital stock prices. The gray color on the chart shows the historical price. The turquoise color shows the price forecast with a possible range of fluctuations.
The maximum share price target for 2028 is $10.98. This represents upside potential of 225.93% from current levels. The average return per month can be 4.52%.
The lowest price level the stock can fall to in 2028 is $3.16. From the current price, the drop will be 6.59%.
Thus, in the period from the current date until the end of 2028, it is possible to form a channel with a resistance level of $10.98 and a support level of $3.16. The width of this channel is $7.82. According to the theory of technical analysis, a downward breakdown of the channel will open the way to $5. If the resistance level is broken, then the road to $19 per share of Bit Digital will open.
What is the probability of exiting the channel up? Near the level of the upper border of the channel, the share price will be traded for only 1 month. The chances of breaking through the resistance level in this and subsequent periods are very small. If stocks break through the $10.98 resistance level and try to gain a foothold above it, then in the future they will most likely test this level from above and if the $10.98 mark holds, then this will be a new channel with new goals.
How about testing the strength of the support level? The price will remain near the support level for 2 months. The chance to break the level is very small.
In addition, the real future price of one Bit Digital share can be both higher and lower than the target forecast price, but approximately in the range between the pessimistic and optimistic target price.
| Month | Mid | Low | High | Range, % |
|---|---|---|---|---|
| January 2028 | 7.58 | 6.93 | 8.24 | 15.87 % |
| February 2028 | 6.49 | 5.85 | 7.08 | 17.32 % |
| March 2028 | 6.88 | 6.49 | 7.24 | 10.28 % |
| April 2028 | 6.99 | 6.33 | 7.48 | 15.41 % |
| May 2028 | 7.12 | 6.67 | 7.45 | 10.46 % |
| June 2028 | 7.67 | 7.12 | 8.13 | 12.45 % |
| July 2028 | 7.86 | 7.24 | 8.14 | 11.02 % |
| August 2028 | 7.73 | 6.93 | 8.63 | 19.63 % |
| September 2028 | 8.29 | 7.33 | 8.86 | 17.26 % |
| October 2028 | 9.10 | 8.35 | 9.93 | 15.94 % |
| November 2028 | 10.45 | 9.54 | 10.98 | 13.13 % |
| December 2028 | 9.70 | 9.38 | 10.53 | 10.92 % |
Forecast for January 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $6.93 to $8.24. The width of this range will be $1.31 (15.87%). The average price is $7.58, which is $0.01 higher than the average price of the previous month.
Forecast for February 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $5.85 to $7.08. The width of this range will be $1.23 (17.32%). The average price is $6.49, which is $1.09 less than the average price of the previous month.
Forecast for March 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $6.49 to $7.24. The width of this range will be $0.74 (10.28%). The average price is $6.88, which is $0.4 higher than the average price of the previous month.
Forecast for April 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $6.33 to $7.48. The width of this range will be $1.15 (15.41%). The average price is $6.99, which is $0.1 higher than the average price of the previous month.
Forecast for May 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $6.67 to $7.45. The width of this range will be $0.78 (10.46%). The average price is $7.12, which is $0.14 higher than the average price of the previous month.
Forecast for June 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $7.12 to $8.13. The width of this range will be $1.01 (12.45%). The average price is $7.67, which is $0.54 higher than the average price of the previous month.
Forecast for July 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $7.24 to $8.14. The width of this range will be $0.90 (11.02%). The average price is $7.86, which is $0.2 higher than the average price of the previous month.
Forecast for August 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $6.93 to $8.63. The width of this range will be $1.69 (19.63%). The average price is $7.73, which is $0.13 less than the average price of the previous month.
Forecast for September 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $7.33 to $8.86. The width of this range will be $1.53 (17.26%). The average price is $8.29, which is $0.56 higher than the average price of the previous month.
Forecast for October 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $8.35 to $9.93. The width of this range will be $1.58 (15.94%). The average price is $9.10, which is $0.81 higher than the average price of the previous month.
Forecast for November 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $9.54 to $10.98. The width of this range will be $1.44 (13.13%). The average price is $10.45, which is $1.35 higher than the average price of the previous month.
Forecast for December 2028.
It is predicted that the price of one Bit Digital share in will be in the range of $9.38 to $10.53. The width of this range will be $1.15 (10.92%). The average price is $9.70, which is $0.75 less than the average price of the previous month.
