BITO price rediction 2026-2032: Is BITO a good buy?

Key takeaways:

• Our Bito price prediction indicates a high of $15.90 in 2026.
• In 2029, it will range between $32.10 and $34.50, with an average price of $34.20.
• In 2032, 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) stands out as a notable innovation, offering investors an avenue to gain exposure to Bitcoin via the futures market. Launched as the first ETF of its kind, BITO has attracted attention from across the investment community, from seasoned cryptocurrency enthusiasts to traditional investors seeking to diversify their portfolios with digital assets. This post delves into BITO’s price predictions, performance, the underlying factors driving its market movements, and broader economic indicators.

Overview

BITO price prediction: Technical analysis

Buy: 0 Sell: 3 Neutral: 4

Summary: Neutral

BITO price analysis

The BITO ETF faces competition due to its reliance on futures contracts, as newer Bitcoin ETFs offer better returns and lower expenses. The launch of IBIT options in 2024 removed BITO’s last unique attraction (options).

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

Based on the 1-day price chart, the ProShares Bitcoin Strategy ETF is experiencing negative momentum. The price had stagnated in January but dipped in February. The drop slowed this week.

BITO ETF price action on a 4-hour price chart

Analyzing the four-hour chart for the ProShares Bitcoin Strategy ETF (BITO), we see BITO faces resistance at $10. The MACD indicator suggests short-term bullish momentum as it crosses above the signal line, hinting at a possible test of upcoming resistance. Whether BITO can breach and hold above $10 may dictate the short-term trend, signaling further bullish potential. Conversely, retreating from this resistance could see prices revisit the support level. 

BITO technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from the BITO price analysis next?

According to our technical indicators, BITO’s price trend is bearish, and the Fear and Greed Index indicates fear market sentiment. A breach below support levels might indicate a deeper retracement or a trend reversal.

Why is BITO up?

BITO is experiencing positive momentum, likely driven by the crypto market’s overall sentiment. The moving averages flash sell signals.

Will BITO reach $50?

Per our Cryptopolitan price prediction, BITO will break above $50 by the end of 2032.

Will BITO reach $100?

Per our Cryptopolitan price prediction, it remains unlikely that BITO will break above $100 by the end of 2032.

Will BITO reach $1000?

Based on our price prediction, BITO is unlikely to reach $1000 before 2032.

Does BITO have a promising long-term future?

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

Is BITO a good investment?

Currently, the ETF is in a pullback, which could represent a buying opportunity if it holds above support levels and the RSI remains above the oversold region.

Recent news

BITO was the first Bitcoin ETF. To achieve this position, it had to employ a complex futures trading strategy, which negatively affected its returns. New ETFs launched in 2025 offer stiff competition for buy-and-hold investors.

BITO price prediction February 2026

The BITO price forecast for February is a maximum price of $12.20 and a minimum price of $8.92. The average price for the month will be $9.23.

BITO price prediction 2026

The BITO price forecast for 2026 is a maximum price of $26.82 and a minimum price of $22.10. The average cost for the month will be $24.41.

Cryptopolitan ProShares Bitcoin Strategy ETF price predictions 2027-2032

ProShares Bitcoin Strategy ETF Price Prediction 2027

We estimate a maximum market price of $26.95 for the ProShares Bitcoin Strategy ETF in 2027, along with a minimum price of $16.80 and an average market value of $20.98.

ProShares Bitcoin Strategy ETF Price Prediction 2028

Our ProShares Bitcoin Strategy ETF Price Prediction for 2028 indicates that BITO will trade at an average price of $29.50, with a maximum cost of $31.95 and a minimum price of $27.35.

ProShares Bitcoin Strategy ETF Price Prediction 2029

Per our ProShares Bitcoin Strategy ETF price predictions for 2029, 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 2030

Based on our ProShares Bitcoin Strategy ETF price predictions for 2030, 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 2031

Our ProShares Bitcoin Strategy ETF Price Prediction for 2031 indicates that the 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 2032

According to our BITO ETF price prediction for 2032, 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.

BITO market price prediction: Analyst’s BITO price forecast

Cryptopolitan’s BITO price prediction

Our predictions indicate that BITO will reach a high of $15.90 in 2026. In 2029, it will range between $32.10 and $34.50, with an average of $34.20. In 2032, it will range between $45.33 and $50.25, with an average price of $49.50. Note that the predictions are not investment advice. Seek independent professional consultation or do your research.

BITO historic price sentiment

• The ProShares Bitcoin Strategy ETF (BITO) debuted on the market in 2021 and opened at a promising price of about $40. 
• The market trends for the subsequent year, 2022, tested this confidence as BITO’s value dropped to as low as $10.15 amid 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 $33.79.
• It corrected in the second and third quarters of 2024, dipping as low as $16.11.
• It then showed renewed interest in 2025, rising above the $20 mark. In July, it traded at $22.
• In 2025, BITO traded at $25 in January. It maintained a bear run, and by December, it had reached $12.
• In 2026, it fell below the $10 mark.