Bullish Case: Despite headwinds, Bakkt has expanded internationally, indicating growth. Regulatory clarity in Asia could catalyze a business turnaround.


Bearish Case: With liquidity concerns, 'going concern' warnings, and a declining stock price, Bakkt faces significant existential and financial challenges.


Potential Outcomes: Survival through capital raise (20%), positive regulatory news (15%), continued decline or shutdown (65%) due to liquidity crisis.


Trading Oracle: Sign Up to access trading oracle trade ideas.


February 13, 2024


Bakkt Forecast

[BKKT]  Bakkt
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)



Make More Profitable Trades with BKKT Forecasts + Trading Strategies







BKKT Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with BKKT



EMN Forecast + Options Trading Strategies   [EMN]  Eastman Chemical (0.74)


JMIA Forecast + Options Trading Strategies   [JMIA]  Jumia Technologies Ag (0.71)


SQ Forecast + Options Trading Strategies   [SQ]  Square (0.69)


BHP Forecast + Options Trading Strategies   [BHP]  BHP Group Limited (0.68)


BA Forecast + Options Trading Strategies   [BA]  Boeing (0.68)



Uncorrelated Stock Forecasts

Assets with little price relationship to BKKT



NBIX Forecast + Options Trading Strategies   [NBIX]  Neurocrine Biosciences (0.0)


ESTC Forecast + Options Trading Strategies   [ESTC]  Elastic (0.0)


AVPT Forecast + Options Trading Strategies   [AVPT]  AvePoint (0.0)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (0.0)


DNN Forecast + Options Trading Strategies   [DNN]  Denison Mines (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BKKT



TWM Forecast + Options Trading Strategies   [TWM]  ProShares UltraShort Russell2000 (-0.54)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.59)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.62)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.67)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.67)


BKKT News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent BKKT News






Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!