Ibit yahoo finance watching "ibit Yahoo Finance"

Watching "ibit Yahoo Finance", market breadth indicators show IBIT ETF’s upward slope supported by rising OBV (On-Balance Volume). This accumulation pattern is often a precursor to sizable price moves, potentially breaching the $58 mark before quarter-end. Bitcoin is often seen as a "Trump trade" due to Republican presidential nominee's favourable stance on digital assets during his campaign. Bloomberg Intelligence data show that IBIT now controls $38 billion in open interest, taking the lead over Deribit , which had been the premier trading venue for professional traders and hedge funds for years. Data pulled from "ibit Yahoo Finance" charts shows IBIT hovering above its EMA-50 line, a technical sign of trend continuity. Bullish momentum could carry the price toward the $59 target if BTC sustains levels above key support at $62,500.