HomeMost PopularPositive Bullish Signal: BITO's 200-Day Moving Average Breakout

Positive Bullish Signal: BITO’s 200-Day Moving Average Breakout

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ProShares Bitcoin ETF Surges Past Key Moving Average

BITO Shares Climb 13.8% as Market Reacts Favorably

In trading on Monday, shares of the ProShares Bitcoin ETF (Symbol: BITO) crossed above their 200-day moving average of $23.44, reaching a peak of $23.62 per share. Currently, ProShares Bitcoin shares are trading up approximately 13.8% on the day. The chart below illustrates the one-year performance of BITO shares compared to its 200-day moving average:

ProShares Bitcoin 200 Day Moving Average Chart

According to the chart, BITO’s lowest point in its 52-week range was $16.11 per share, while the highest point reached $33.79. The last trade recorded was at $23.51.


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nslideshow Click here to find out which 9 other ETFs 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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