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Examining the Potential Price Growth of Bitdeer Technologies Holding Co (BTDR)

Taking this into account, Needham reiterated its Bitdeer Technologies Holding Co [BTDR] rating to a Buy in a research note published on April 21, 2025; the price target was $13. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid March has reiterated a ‘”a Buy”‘ rating for it. Keefe Bruyette began covering BTDR with “an Outperform” recommendation on January 27, 2025. Northland Capital started covering the stock on October 09, 2024. It rated BTDR as “an Outperform”.

Price Performance Review of BTDR

On Monday, Bitdeer Technologies Holding Co [NASDAQ:BTDR] saw its stock jump 0.42% to $14.18. Over the last five days, the stock has gained 38.34%. Bitdeer Technologies Holding Co shares have fallen nearly -34.56% since the year began. Nevertheless, the stocks have risen 151.20% over the past one year. While a 52-week high of $26.99 was reached on 01/06/25, a 52-week low of $5.25 was recorded on 04/16/25. SMA at 50 days reached $9.94, while 200 days put it at $11.66.

Levels Of Support And Resistance For BTDR Stock

The 24-hour chart illustrates a support level at 13.63, which if violated will result in even more drops to 13.07. On the upside, there is a resistance level at 14.99. A further resistance level may holdings at 15.80. The Relative Strength Index (RSI) on the 14-day chart is 71.19, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.34%. Stochastics %K at 90.29% indicates the stock is a selling.

The most recent change occurred on October 08, 2024 when Alliance Global Partners began covering the stock and recommended ‘”a Buy”‘ rating along with a $14 price target.

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