Bitdeer Technologies Group

BTDR remains in a Stage 4 decline with a medium-term bearish bias reinforced by sequential lower-highs and lower-lows and an active support failure pattern. Price is significantly below declining EMAs in an extreme oversold context, making short-term timing unfavorable. Execution is best deferred until a rally into the 9/21 EMA zone or nearby resistance, where rejection signals a bearish entry. A sustained hold above these EMAs invalidates the bearish bias.

• ↑Q1 2026 revenue $188.9m, +170% YoY driven by 500% bitcoin output growth
• ↑AI cloud annual run rate hit $43m after 105% month-on-month surge
• ↓Q1 gross margin was -20.7%, pressured by low Bitcoin prices and depreciation