How is IBIT stock faring? The iShares Bitcoin Trust (IBIT) was feeling more negative today. It is now down 7.05% over the past 5 days and is 17.44% higher in the year-to-date.
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According to TipRanks technical analysis, the IBIT is now at a Strong Sell consensus based on 12 Bearish, 5 Neutral and 5 Bullish ratings.
Based on the activity of 826,208 investors in the recent quarter, it has scored above-sector-average positive sentiment. Those investors aged between 35 and 55 have been the most active buyers.
In total, 1.9% of all portfolios hold IBIT.
Today’s IBIT Performance
Today, the IBIT was down 2.42% at $60.79. The main drag was the price of Bitcoin, which decreased 3.11% to $107,098.
Sentiment wasn’t helped by Vineet Budki, CEO of Sigma Capital, who predicted that Bitcoin will experience a drawdown between 65% and 70% within the next two years despite trading above $110,000. As reported by CMC Crypto News, he explained that investors who lack understanding of the assets they hold tend to sell first during market uncertainty.
However, over the long-term he forecast that Bitcoin will reach $1 million or higher per coin within the next decade.
Strategy (MSTR) certainly remains bullish. It said that during the period from October 27 to November 2, 2025 it acquired 397 bitcoins, increasing its total holdings to 641,205 bitcoins.
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