HomeMost Popular"GBTC Shows Promising Uptrend with Strong 200-Day Moving Average Crossover"

“GBTC Shows Promising Uptrend with Strong 200-Day Moving Average Crossover”

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Grayscale Bitcoin Trust Surges Past Key Indicator

GBTC Trades Above 200-Day Moving Average

In trading on Monday, shares of Grayscale Bitcoin Trust (Symbol: GBTC) rose above their 200-day moving average of $51.69, reaching a peak of $52.69 per share. Currently, GBTC shares are up about 4.7% for the day. The chart below illustrates the one-year performance of GBTC shares in relation to their 200-day moving average:

Grayscale Bitcoin Trust 200 Day Moving Average Chart

As seen in the chart, GBTC’s 52-week low is $19.0301 per share, while the high stands at $58.5081, compared to the latest trade at $52.79.

nslideshow Click here to find out which 9 other stocks recently crossed above their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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