BKKT Weekly Technical Analysis
Bakkt Holdings, Inc
A financial technology company that operates a digital asset platform.
BKKT Technical Analysis Summary
BKKT is locked in a severe, multi-year structural downtrend, having lost the vast majority of its historical peak value. The price is heavily suppressed below the 20, 50, and 200-week moving averages, which are all acting as dynamic resistance. While momentum indicators are relatively flat at depressed levels, there is no visible technical evidence of a bottom or long-term trend reversal.
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BKKT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price remains suppressed below the 20-week and 50-week moving averages, with recent weekly candles showing continued downward pressure. RSI is below 50, indicating dominant bearish momentum.
Long-term Sentiment (weeks to months): Bearish
The chart displays a massive, sustained multi-year downtrend. The price is trading significantly below a declining 200-week moving average, indicating a broken long-term market structure with no clear signs of a macro reversal.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:39:07.327Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $6.50 | $5.00 - $8.00 | Weak | Estimated zone of recent historical lows acting as the last line of defense before price discovery to the downside. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $16.00 | $14.00 - $18.00 | Strong | Confluence zone of the declining 50-week moving average and the 20-week moving average (Bollinger Band midline). |
| $30.00 | $28.00 - $32.00 | Strong | Major overhead resistance aligning with the descending 200-week moving average and previous areas of breakdown. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Prolonged Downtrend | Bearish | N/A | A terminal, multi-year decline from extreme historical highs, characterized by lower highs and lower lows with price remaining pinned below all major moving averages. |
Frequently Asked Questions about BKKT
What is the current sentiment for BKKT?
The short-term sentiment for BKKT is currently Bearish because Price remains suppressed below the 20-week and 50-week moving averages, with recent weekly candles showing continued downward pressure. RSI is below 50, indicating dominant bearish momentum.. The long-term trend is classified as Bearish.
What are the key support levels for BKKT?
StockDips.AI has identified key support levels for BKKT at $6.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is BKKT in a significant dip or a Value Dip right now?
BKKT has a Value Score of 43/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.