Let me cut to the chase, BTCY needs to remain on your radar today. Thursday's Full Update On Nasdaq Idea (BTCY) December 30th
Dear Reader, Let me cut to the chase, BTCY needs to remain on your radar today. After shooting a $1.00+ from Monday's opening bell, BTCY remains a profile that should be at the top of your watch-list due to several potential catalysts. One more major one could be Tuesday's huge news release. Check it out: Biotricity Expands Distribution of New Bioheart Device on Amazon(dot)com New Heart Monitoring Solution Delivers Personalized Heart Health Insights Directly to Your Smartphone Now Easy to Buy and Use: No Prescription Needed for Advanced Heart and Lifestyle Solution REDWOOD CITY, CA / ACCESSWIRE / December 28, 2021 /Biotricity Inc. (NASDAQ:BTCY) a modern medical technology company delivering innovative, remote biometric monitoring solutions, today announced it has expanded the distribution of its new Bioheart heart monitor system, a direct-to-consumer device that offers the same continuous heart monitoring technology used by physicians, on Amazon(dot)com. [...] [Read the full article here.]( On top of that, BTCY continues to trade above several key lines of potential support including its: - 50-Day Simple Moving Average
- 200-Day Simple Moving Average
- 13-Day Exponential Moving Average Take a second now before today's opening bell and get BTCY pulled up quickly.
----- *Biotricity, Inc. (BTCY)* Biotricity is reforming the healthcare market by bridging the gap in remote monitoring and chronic care management. Doctors and patients trust Biotricity's unparalleled standard for preventive & personal care, including diagnostic and post-diagnostic products for chronic conditions. The Company develops comprehensive remote health monitoring solutions for the medical and consumer markets. Its Foundational Product, Bioflux, is Targeting a Growing and Underserved Market The company’s first and primary solution, Bioflux, addresses the growing and underserved Mobile Cardiac Telemetry (MCT) market. Bioflux is a high-precision, single-unit MCT device providing real-time monitoring and transmission of ECG information from ambulatory patients. This entire system is a complete solution for remote cardiac monitoring that merges seamlessly with physicians’ existing platforms and workflows to better detect, diagnose, and monitor. For medical practitioners, this solution looks to be technologically superior and more financially attractive too. Clinicians designed the Bioflux online portal for clinicians. After all, the prime features of the product were built after speaking with numerous healthcare professionals and seeing what their most requested features were. And right now, BTCY has 5 potential catalysts that could spark a possible breakout. Here's what you need to know... No. 1 Potential BTCY Breakout Catalyst - Bioheart Heart Monitor Product Now Available Biotricity Delivers Bioheart, A Groundbreaking Consumer Heart Monitor Continuous monitoring device with advanced features and analytics to deliver personalized insights directly to the smartphone REDWOOD CITY, Calif., November 10, 2021--(BUSINESS WIRE)--Biotricity, Inc. (NASDAQ:BTCY), a modern medical technology company focused on delivering innovative, remote biometric monitoring solutions, today announced the availability of Bioheart, a direct-to-consumer heart monitor that offers the same continuous heart monitoring technology used by physicians. Showcased in prototype form at CES 2020, Bioheart has shipped to preorder customers and is now available for purchase at www(dot)bioheart(dot)com. [...] [Read the full article here.](
----- No. 2 Potential BTCY Breakout Catalyst - Strong Balance Sheet And Revenue Growth Announcement Biotricity Releases Fiscal 2022 Second Quarter Fin-an-cial Results - Company reports tenth consecutive quarter of triple-digit year-over-year revenue growth
- Strongest balance sheet since inception REDWOOD CITY, CA / ACCESSWIRE / November 4, 2021 /Biotricity Inc. (NASDAQ:BTCY), a medical diagnostic and consumer healthcare technology company, today announced fin-an-cial results for its 2022 fiscal year's second quarter ended September 30, 2021. [...] "This was a historic quarter with our recent listing on the Nasdaq, in which we strengthened our balance sheet, and introduced our plans for Biokit and its commercial launch in the first quarter of calendar 2022," stated Dr. Waqaas Al-Siddiq, CEO and founder of Biotricity. "We have disclosed several other state-of-the-art remote cardiac monitoring devices and software apps in our development pipeline - all of which are planned for commercialization in 2022, pending FDA clearance where required." [...] [Read the full article here.](
----- No. 3 Potential BTCY Breakout Catalyst - Bullish Technical Indicators Cover Short, Medium, And Long Term At close this past Thursday, [Barchart]( was reporting BTCY to have a ton of bullish technical indicators. Here's a list of the triggered ones to pay close attention to: Short Term Indicators - 20 - 50 Day MACD Oscillator
- 20 - 100 Day MACD Oscillator
- 20 - 200 Day MACD Oscillator Medium Term Indicators - 50 - 100 Day MACD Oscillator
- 50 - 150 Day MACD Oscillator
- 50 - 200 Day MACD Oscillator Long Term Indicators - 100 Day Moving Average
- 150 Day Moving Average
- 200 Day Moving Average
- 100 - 200 Day MACD Oscillator On top of that, Barchart is reporting BTCY to be a "100% BUY" based on its long term technical indicators.
----- No. 4 Potential BTCY Breakout Catalyst - Major Price Targets From 4 Different Analysts/Firms Since July 1st, four different analysts have provided price targets of either $6.00 or $7.00 according to [MarketBeat's website](. Check them out: [H.C. Wainwright]( analyst, Kevin Dede, commented: "We are initiating coverage of Biotricity with a Buy rating and setting a potentially conservative $6 price target not only on account of the horizontal expansion marketing its solution in cardiac care to 25,000 U.S. physicians, but also on the profound trajectory toward the full ecosystem of care monitoring solutions for cardiac-related and/or influenced chronic conditions such as diabetes, hypertension, kidney disease, among others. [...] From our perspective, longer-term targets tied to kidney disease and other associated cardiac issues, fail our need for tangible solutions from which to base projections and are not powering our current forecasts; however and more importantly, the development of the monitoring ecosystem clearly supports the large addressable opportunity point. Nearer-term growth comes on the addition of new sales professionals, filling out an effort Biotricity has not grandly supported to date, and where we expect their addition to drive the steep immediate sales ramp forecast here."
----- No. 5 Potential BTCY Breakout Catalyst - Shareholder Update Claims Company "Well-Positioned For 2022" Biotricity, a Leader in Remote Cardiac Health Monitoring Solutions, Issues Company Roadmap in 2021 Shareholder Letter The Company believes that it is "well-positioned for 2022." Letter highlights milestones, products roadmap, growth strategy and 2022 goals REDWOOD CITY, CA / ACCESSWIRE / December 7, 2021 / Biotricity, Inc. (NASDAQ:BTCY) ("Biotricity" or the "Company"), a medical diagnostic and consumer healthcare technology company, has released its December 2021 CEO Shareholder Letter, which discusses recent Company milestones achieved including its financial performance, commercialization of its new Biokit, and other state-of-the-art remote cardiac monitoring devices and software apps in development. [...] Dr. Waqaas Al-Siddiq, Founder and CEO of Biotricity commented, "We had a historic second quarter that saw revenue increase 143% YoY, the strengthening of our balance sheet, and uplisting to Nasdaq which has boosted our exposure to in-vest-ors worldwide. We've made great strides in each vertical we targeted over the year and are well-positioned to continue the execution of our overall growth plan for 2022. We seek to take telemedicine to a new, next-generation level of cost-effectiveness as well as disrupt the cardiac care landscape by reducing patient care costs with improved patient outcomes." [Read the full article here.](
----- BTCY Recap: 5 Potential Breakout Catalysts For This Nasdaq MedTech Profile No. 1 - Bioheart Heart Monitor Product Now Available No. 2 - Strong Balance Sheet And Revenue Growth Announcement No. 3 - Bullish Technical Indicators Cover Short, Medium, And Long Term No. 4 - Major Price Targets From 4 Different Analysts/Firms No. 5 - Shareholder Update Claims Company "Well-Positioned For 2022" Coverage is officially reinitiated on BTCY. When you have time later, do this: Get BTCY on your radar now. Sincerely,
FierceAnalyst | Jaks Swift
Editorial Writer
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