2.69
price down icon6.13%   -0.17
 
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BIT Mining Ltd ADR Stock (BTCM) Forecast

The BIT Mining Ltd ADR (BTCM) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $7.6912, representing a +185.92% increase from the current price of $2.69. The highest analyst price target is $15.25, and the lowest is $0.1307.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month BTCM Price Target
Average 18.97 (+605.10% Upside)
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Is BIT Mining Ltd ADR (BTCM) A Buy Now?

Oscillators
Name Value Action
RSI(14) 48.75 Neutral
STOCH(9,6) 62.43 Neutral
STOCHRSI(14) 63.64 Neutral
MACD(12,26) -0.0377 Buy
ADX(14) 22.48 Neutral
William %R -55.83 Neutral
CCI(14) 25.46 Neutral
Buy: 1 Sell: 0 Neutral: 6
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
2.622
Buy
2.7338
Sell
MA20
2.592
Buy
2.7115
Sell
MA50
3.0194
Sell
2.986
Sell
MA100
3.7201
Sell
3.2473
Sell
MA200
3.3854
Sell
3.2831
Sell
Buy: 2 Sell: 8 Neutral: 0
Summary: Sell
According to our latest analysis, BTCM could be considered a Moderate Sell, with 17 technical analysis indicators signaling 3 Buy signals, 8 signaling Sell signals and 6 Neutral signals. This might not be a good time to consider opening new positions on BTCM, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 48.75 indicates that BTCM is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 62.43 indicates that BTCM is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 63.64 indicates that BTCM is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 22.48 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 25.46 indicates that BTCM is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term BTCM price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about BIT Mining Ltd ADR financial reports and earnings history, BIT Mining Ltd ADR (BTCM) stock could reach $132.10 by 2030, $73.39 by 2040 and $326.75 by 2050. See the projected annual prices until 2050 of the BIT Mining Ltd ADR stock below:

  • BIT Mining Ltd ADR (BTCM) is expected to reach an average price of $219.12 in 2035, with a high prediction of $231.42 and a low estimate of $229.52. This indicates an $8,046% rise from the last recorded price of $2.69.
  • BIT Mining Ltd ADR (BTCM) stock is projected to chart a bullish course in 2040, with an average price target of $62.92, representing an $2,239% surge from its current level. The forecast ranges from a conservative $62.99 to a sky-high $73.39.
  • Our analysts predict BIT Mining Ltd ADR (BTCM) to jump 6,056% by 2045, soaring from $165.71 to an average price of $165.61, potentially reaching $179.41. While $165.71 is the low estimate, the potential upside is significant.
  • BIT Mining Ltd ADR (BTCM) stock is expected to climb by 2050, reaching an average of $310.01, a $11,425% jump from its current level. However, a wide range of estimates exists, with high and low targets of $326.75 and $310.26, respectively, highlighting the market's uncertainty.

BIT Mining Ltd ADR Stock (BTCM) Year by Year Forecast

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2024

Our forecast for BTCM stock price in 2024 now indicates an average price target of $40.14 with a high forecast of $80.16 and a low forecast of $0.1307. The average prediction reflects an increase of +1,392% from the last recorded price of $2.69.
Month Average Low High Change from today's price
May, 2024 $12.07 $0.1307 $15.25 +348.71%
June, 2024 $25.07 $2.5099 $12.51 +832.02%
July, 2024 $26.97 $25.09 $23.43 +902.74%
August, 2024 $26.62 $25.49 $24.03 +889.42%
September, 2024 $24.52 $22.86 $22.68 +811.44%
October, 2024 $33.96 $26.48 $30.76 +1,162%
November, 2024 $25.70 $27.80 $33.12 +855.43%
December, 2024 $38.60 $26.92 $37.80 +1,335%

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2025

BIT Mining Ltd ADR Stock (BTCM) is expected to reach an average price of $28.26 in 2025, with a high prediction of $37.26 and a low estimate of $19.25. This indicates an +950.37% rise from the last recorded price of $2.69.
Month Average Low High Change from today's price
January, 2025 $35.91 $36.29 $37.26 +1,235%
February, 2025 $37.36 $35.11 $35.37 +1,289%
March, 2025 $36.09 $36.09 $36.56 +1,242%
April, 2025 $34.83 $35.05 $35.35 +1,195%
May, 2025 $33.38 $33.42 $34.24 +1,141%
June, 2025 $30.98 $31.16 $32.78 +1,052%
July, 2025 $30.04 $30.22 $30.34 +1,017%
August, 2025 $26.31 $26.66 $29.34 +878.01%
September, 2025 $24.85 $24.89 $25.87 +823.81%
October, 2025 $23.70 $23.87 $24.25 +781.13%
November, 2025 $21.06 $21.93 $22.50 +683.05%
December, 2025 $19.09 $19.25 $20.27 +609.53%

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2026

The predicted value for BIT Mining Ltd ADR (BTCM) in 2026 is set at an average of $30.45. Estimates vary from a peak of $58.52 to a trough of $2.3722, indicating an +1,032% surge from the present price of $2.69.
Month Average Low High Change from today's price
January, 2026 $17.39 $17.58 $18.38 +546.40%
February, 2026 $15.12 $15.74 $16.93 +462.08%
March, 2026 $13.07 $13.15 $13.14 +385.95%
April, 2026 $11.57 $11.67 $12.51 +330.25%
May, 2026 $10.02 $10.09 $11.07 +272.33%
June, 2026 $7.7578 $7.8877 $9.456 +188.39%
July, 2026 $5.7796 $6.0596 $7.1373 +114.85%
August, 2026 $2.5318 $2.8613 $5.18 -5.88%
September, 2026 $53.14 $2.3722 $58.52 +1,876%
October, 2026 $20.33 $32.13 $38.76 +655.59%
November, 2026 $29.33 $39.73 $38.99 +990.32%
December, 2026 $44.81 $39.65 $36.09 +1,566%

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for BIT Mining Ltd ADR (BTCM) is $68.28, with a high forecast of $82.61 and a low forecast of $53.96. This indicates an +2,438% increase from the last price of $2.69.
Month Average Low High Change from today's price
January, 2027 $55.80 $55.68 $50.95 +1,974%
February, 2027 $54.58 $53.96 $50.22 +1,929%
March, 2027 $79.78 $66.03 $79.66 +2,866%
April, 2027 $78.97 $81.73 $78.07 +2,836%
May, 2027 $74.57 $77.17 $76.39 +2,672%
June, 2027 $75.66 $73.81 $73.06 +2,712%
July, 2027 $82.74 $79.68 $81.44 +2,976%
August, 2027 $72.84 $73.04 $73.98 +2,608%
September, 2027 $82.17 $80.86 $82.61 +2,955%
October, 2027 $78.46 $78.94 $80.45 +2,817%
November, 2027 $76.81 $76.83 $77.40 +2,756%
December, 2027 $74.45 $74.50 $75.89 +2,668%

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2028

In 2028, BIT Mining Ltd ADR (BTCM) is projected to reach an average price of $51.05, with a high projection of $73.32 and a low estimate of $28.78. This indicates an +1,798% rise from the last price of $2.69.
Month Average Low High Change from today's price
January, 2028 $70.56 $70.77 $73.32 +2,523%
February, 2028 $67.08 $67.49 $69.52 +2,394%
March, 2028 $63.50 $63.86 $66.16 +2,260%
April, 2028 $60.59 $60.84 $62.43 +2,153%
May, 2028 $54.15 $54.54 $58.07 +1,913%
June, 2028 $51.68 $51.78 $53.19 +1,821%
July, 2028 $47.59 $47.80 $50.57 +1,669%
August, 2028 $43.80 $44.02 $46.54 +1,528%
September, 2028 $40.17 $40.31 $42.46 +1,393%
October, 2028 $36.00 $36.17 $39.08 +1,238%
November, 2028 $31.07 $31.47 $34.95 +1,055%
December, 2028 $28.56 $28.78 $30.07 +961.90%

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2029

The 2029 price forecast for BIT Mining Ltd ADR Stock (BTCM) is $72.20 on average, with a high prediction of $135.90 and a low estimate of $8.4944. This represents an +2,584% increase from the previous price of $2.69.
Month Average Low High Change from today's price
January, 2029 $24.48 $24.56 $27.63 +810.01%
February, 2029 $20.68 $20.92 $23.46 +668.88%
March, 2029 $17.34 $17.51 $19.69 +544.48%
April, 2029 $12.78 $12.90 $16.17 +375.13%
May, 2029 $10.06 $8.4944 $11.63 +274.09%
June, 2029 $105.84 $122.24 $126.18 +3,835%
July, 2029 $112.05 $97.59 $99.25 +4,065%
August, 2029 $99.68 $102.48 $103.13 +3,605%
September, 2029 $113.40 $105.96 $103.30 +4,116%
October, 2029 $108.51 $115.86 $111.58 +3,934%
November, 2029 $122.23 $112.39 $112.43 +4,444%
December, 2029 $134.64 $136.64 $135.90 +4,905%

BIT Mining Ltd ADR Stock (BTCM) Price Forecast for 2030

BIT Mining Ltd ADR Stock (BTCM) is expected to reach an average price of $113.38 in 2030, with a high forecast of $132.10 and a low forecast of $94.66. This signifies an +4,115% surge from the last price of $2.69.
Month Average Low High Change from today's price
January, 2030 $132.36 $132.56 $132.10 +4,821%
February, 2030 $126.29 $126.29 $127.75 +4,595%
March, 2030 $129.12 $124.77 $123.42 +4,700%
April, 2030 $123.32 $126.22 $129.76 +4,484%
May, 2030 $126.25 $119.17 $119.70 +4,593%
June, 2030 $124.47 $125.57 $127.41 +4,527%
July, 2030 $117.41 $118.56 $123.09 +4,265%
August, 2030 $116.05 $116.25 $118.25 +4,214%
September, 2030 $110.65 $110.76 $114.62 +4,013%
October, 2030 $105.84 $105.84 $109.27 +3,834%
November, 2030 $100.73 $100.75 $104.24 +3,645%
December, 2030 $94.64 $94.66 $99.17 +3,418%
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