BTC Digital Stock Plunges 12% After Technical Analysis Issues 'Strong Sell' Rating and Bearish Forecast

BTC Digital shares dropped 12.20% to close at $1.08 on February 5th, reflecting intensely bearish technical sentiment and negative projections.

• Analysis published that day rated BTCT a “Strong Sell”, citing 13 indicators signaling bearish action.
• The short-term forecast suggested significant risk, setting the average 30-day price target at $0.7126, a potential 38.03% decrease from the prior price level.