BITX
2x Bitcoin Strategy ETF Financial - Crypto ETF Investor Relations →
2x Bitcoin Strategy ETF (BITX) closed at $16.54 as of 2026-02-02, trading 48.3% below its 200-week moving average of $32.00. This places BITX in the extreme value zone. The stock is currently moving closer to the line, down from -22.9% last week. With a 14-week RSI of 19, BITX is in oversold territory.
Over the past 88 weeks of data, BITX has crossed below its 200-week moving average 2 times. On average, these episodes lasted 7 weeks. Historically, investors who bought BITX at the start of these episodes saw an average one-year return of +127.9%.
Over the past 1.8 years, a hypothetical investment of $100 in BITX would have grown to $68, compared to $130 for the S&P 500. BITX has returned -19.9% annualized vs 16.0% for the index, underperforming the broader market over this period.
Growth of $100: BITX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BITX Crosses Below the Line?
Across 2 historical episodes, buying BITX when it crossed below its 200-week moving average produced an average return of +128.0% after 12 months (median +128.0%), compared to +16.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year.
Each line shows $100 invested at the moment BITX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BITX has crossed below its 200-week MA 2 times with an average 1-year return of +127.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2024 | Sep 2024 | 2 | 15.8% | +127.9% | -20.0% |
| Nov 2025 | Ongoing | 12+ | 48.3% | Ongoing | -38.5% |
| Average | 7 | — | +127.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02