Bitdeer Technologies Group Class A Ordinary Shares
Here’s whether Bitdeer Technologies Group Class A Ordinary Shares (BTDR) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 39 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-8.93% over 10 days); weak 1-year return of -33.7%; 3-month momentum negative (-31.6%); rising volume on a downtrend (distribution, 1.38x avg). Currently 67.2% off its 52-week high. Score: -5/7.
BTDR is trading below its 200-day MA ($12.59) — a key warning sign the longer-term trend is under pressure. An RSI of 39.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -33.7% compares to +20.4% for SPY (trailed the market by 54.1%). The current 67.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.