HomeMost Popular"Significant 200-Day Moving Average Crossover for BITO"

“Significant 200-Day Moving Average Crossover for BITO”

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ProShares Bitcoin Strategy ETF Shares Decline Below Key Moving Average

On Wednesday, shares of the ProShares Bitcoin Strategy ETF (Symbol: BITO) fell below their 200-day moving average of $22.67. They traded as low as $22.45 per share, marking a decline of approximately 1.2% for the day. The chart below illustrates BITO’s performance over the past year compared to its 200-day moving average:

ProShares Bitcoin Strategy 200 Day Moving Average Chart

BITO has seen notable fluctuations over the past year. Its lowest price during this time was $16.11, while it reached a high of $33.79. The last trade for BITO was recorded at $22.70.

nslideshow Discover which 9 other ETFs have also recently dipped below their 200-day moving average »

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

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