2x Bitcoin Strategy ETF (BATS:BITX) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

2x Bitcoin Strategy ETF (BATS:BITXGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.14 and traded as high as $63.68. 2x Bitcoin Strategy ETF shares last traded at $58.16, with a volume of 10,913,791 shares.

2x Bitcoin Strategy ETF Stock Up 10.3 %

The company has a 50 day simple moving average of $43.71 and a two-hundred day simple moving average of $36.42.

About 2x Bitcoin Strategy ETF

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The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.

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