T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Share Price Breaks Above 200-Day Moving Average – Should You Sell?

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $17.08 and traded as high as $18.27. T-Rex 2X Long Bitcoin Daily Target ETF shares last traded at $17.86, with a volume of 46,420 shares.

T-Rex 2X Long Bitcoin Daily Target ETF Stock Performance

The stock’s 50 day moving average is $18.85 and its two-hundred day moving average is $17.08.

About T-Rex 2X Long Bitcoin Daily Target ETF

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The T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCL was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.

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