WisdomTree Bitcoin Fund (BATS:BTCW) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of WisdomTree Bitcoin Fund (BATS:BTCWGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $69.31 and traded as high as $105.13. WisdomTree Bitcoin Fund shares last traded at $104.29, with a volume of 104,045 shares changing hands.

WisdomTree Bitcoin Fund Stock Performance

The firm’s 50 day simple moving average is $73.94 and its 200-day simple moving average is $69.31.

WisdomTree Bitcoin Fund Company Profile

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The WisdomTree Bitcoin Fund (BTCW) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund passively mirrors the performance of Bitcoin, leveraging a Benchmark Rate for valuation. The fund does not engage in direct investment or management of the digital currency BTCW was launched on Jan 11, 2024 and is issued by WisdomTree.

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