What is the price projections for ibit stock 90 days from now

**Price Projections for IBIT (iShares Bitcoin Trust ETF) 90 Days from Now** 1. **Current Price and Recent Performance**: - As of the latest data, IBIT closed at $66.33 on July 21, 2025. - The ETF has experienced significant inflows, reaching $80 billion in managed assets since 2024. 2. **Market Sentiment and Institutional Interest**: - Institutional interest in Bitcoin ETFs, including IBIT, remains strong, with U.S.-listed Bitcoin ETFs seeing inflows exceeding $2 billion over a 12-day streak. - IBIT's rapid asset growth underscores the strong institutional interest in cryptocurrency exposure through regulated investment vehicles. 3. **Technical Indicators**: - The ETF's technical indicators show a bullish trend, with a rising window pattern and a long lower shadow. - The Moving Average Convergence Divergence (MACD) is positive, indicating bullish momentum. 4. **Support and Resistance Levels**: - IBIT has support at $64.50 and resistance at $67.50. - The ETF's benchmark, the CME CF Bitcoin Reference Rate – New York Variant, has hit an all-time high, which could influence IBIT's price upward. 5. **Forecast Price Trend**: Based on current trends and market sentiment, the forecast for IBIT's price 90 days from now, September 14, 2025, is **slightly bullish**. The stock is expected to trade in a range of $65 to $68, with a slight bias towards the higher end of the range. In conclusion, IBIT's current price and recent performance indicate a strong market presence, supported by institutional interest and bullish market sentiment. The technical indicators and forecast trend suggest that the ETF's price 90 days from now may experience a slight increase, potentially reaching between $65 and $68. However, investors should remain mindful of potential market volatility and regulatory changes that could impact cryptocurrency investments.