BLACKROCK’S BITCOIN ETF $IBIT JUST PRINTED ITS FIRST-EVER GOLDEN CROSS.
After falling 54% from its 2025 high of $71.82 to the 2026 low, $IBIT spent months struggling below its 200 day moving average, which acted as resistance.
Now, price has reclaimed both the 50day & 200day moving averages, confirming a golden cross.
This is an important trend signal but it’s not a guaranteed buy signal.
From here, I’m watching two key scenarios:
• Hold above both MAs → bullish trend remains intact
• Lose both MAs → momentum could turn bearish
For me, the key is whether $IBIT can sustain this breakout and build above the moving averages.