Hindsight Markets Small-cap stocks on August 20, 2026
BTCT on August 20, 2026: why it ran
On August 20, 2026, BTCT opened up 89.1% from the previous close of 0.8250 and reached 1.95 at 4:00 a.m. ET. The exchange did not halt it.
- Previous close
- 0.8250
- Open, 9:30 a.m.
- 1.56
- Gap at the open
- up 89.1%
- Pre-market high
- 1.95 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- 1.95 at 4:00 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.16
- After-hours high, 4 p.m. to 8 p.m.
- 1.55 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 1.49
- Volume
- 54.77 million
- Relative volume
- 21.8x
- Float
- 16.96 million shares, from filings as of August 20, 2026
- Shares outstanding
- 16.98 million
- Halts
- none in the halt feed
Why it ran
News and SEC filings for BTCT published between the previous session's close and the first minute BTCT traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 89.1% to 1.56 at the open, ran from the open to the high of 1.80 in 261 minutes, then gave back 131% of that move by 4:00 p.m., trading at 1.49.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 0.8250 |
| 4:00 a.m. | Pre-market high, 1.95 |
| 4:00 a.m. | High of the day to the close, 1.95 |
| 7:44 a.m. | Volume since 4:00 a.m. passes the whole float, 16.96 million shares |
| 9:30 a.m. | The open: 1.56, up 89.1% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.49, 23.8% below the high |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- Volume, from the one-minute bars: 25.73 million shares before the 9:30 a.m. open (47%), 3.19 million in the first 30 minutes (6%), and 25.85 million in the rest of the day to 8 p.m. (47%).
- Float rotation, the volume since 4 a.m. against the float of 16.96 million shares: past it once at 7:44 a.m., twice at 10:22 a.m., three times at 3:15 p.m.
- Other days BTCT met the small-cap rule in our recaps: 5, the latest on September 18, 2026.
Halts
The exchange's halt feed shows no halts for BTCT that day.
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay BTCT on August 20, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.