Bitcoin’s Hottest ETF Is Careening Into A Death Cross — But Tom Lee Isn’t Backing Off His Bull Case
Posted On December 10, 2025
iShares Bitcoin Trust ETF‘s (NASDAQ:IBIT) chart is starting to look like someone pulled the floorboard loose. The once unstoppable Bitcoin ETF has slipped into a technical setup that’s hard to sugarcoat: the 50-day is now sliding toward the 200-day, and a death cross is close enough that traders are counting the pixels.
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IBIT Trend Signals Turning Bearish
Chart created using Benzinga Pro
IBIT is trading at $52.14, sitting below every major long-term moving average. The 50-day at $58.79 and the 200-day at $58.67 are nearly glued together, tilting downward and setting up the bearish crossover. …
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