Bitcoin Strategy(BITO)

Bitcoin Strategy (BITO) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BITO · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$8.95last close · Jul 22, 202652-week range $7.87 – $23.13 · 61.31% below the high

BITO Triangle Pattern

BITO is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $14.20 (+9.8%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; BITO's own triangles have hit 100.0%.

DirectionBullishTarget$14.20Projected move+9.8%Breakout level$13.03

New to this pattern? What a triangle is and how to trade it →

BITO's Most Recent Bullish Pennant Trade

BITO's most recent completed bullish pennant resolved as a loss: it broke higher on Jun 25, 2025 near $21.59, then was stopped out at $19.54 on Aug 29, 2025 — a 9.5% move (-1.24R) over 46 sessions. Across 11 backtested bullish pennants, this setup wins 54.5% of the time.

OutcomeLossResult-9.5%R-1.24REntry$21.59Exit$19.54

Learn about bullish pennant

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

BITO win rate

100.0%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

BITO Pattern Trade History

Every completed pattern trade our nightly backtest found on BITO's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Bullish Pennant	Jun 25, 2025 @ $21.59	Aug 29, 2025 @ $19.54	Loss	+18.5% · -1.24R
Falling Wedge	Apr 21, 2025 @ $18.99	May 28, 2025 @ $22.52	Win	+18.1% · +1.41R
Triangle	Feb 3, 2025 @ $22.08	Feb 25, 2025 @ $20.84	Win	+16.8% · +0.33R
Triangle	Oct 28, 2024 @ $19.60	Nov 4, 2024 @ $18.12	Loss	+26.0% · -1.37R
Falling Wedge	Sep 18, 2024 @ $18.57	Nov 26, 2024 @ $24.40	Win	+42.6% · +2.37R
Triangle	Apr 15, 2024 @ $28.36	May 1, 2024 @ $23.21	Win	+18.8% · +1.53R
Falling Wedge	Sep 18, 2023 @ $14.02	Nov 14, 2023 @ $17.74	Win	+13.7% · +3.02R
Rising Wedge	Feb 27, 2023 @ $14.38	Mar 17, 2023 @ $16.65	Loss	+20.8% · -1.61R
Falling Wedge	Oct 25, 2022 @ $11.94	Nov 8, 2022 @ $11.13	Loss	+21.6% · -1.07R
Falling Wedge	Oct 17, 2022 @ $12.07	Nov 8, 2022 @ $11.13	Loss	+21.0% · -1.06R
Triangle	Aug 15, 2022 @ $14.79	Aug 26, 2022 @ $12.57	Win	+20.0% · +3.57R

Recent Triangles on Other Charts

TDGstopped −5.9%Jul 22, 2026 XLEstopped −4.7%Jul 22, 2026 AONhit target +9.3%Jul 21, 2026 EOGstopped −4.8%Jul 21, 2026

Learn about triangle

BITO Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a ceiling overhead near $23.49 — where price has stalled before.

There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
Watch how price behaves as it approaches $23.49 — that's where the next read tends to form.

BITO Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$8.88	$9.00	$8.88	$8.95
Jul 21, 2026	$9.00	$9.08	$8.95	$9.01
Jul 20, 2026	$8.74	$8.92	$8.68	$8.82
Jul 17, 2026	$8.51	$8.74	$8.46	$8.69
Jul 16, 2026	$8.70	$8.80	$8.67	$8.72
Jul 15, 2026	$8.85	$8.90	$8.77	$8.80
Jul 14, 2026	$8.67	$8.82	$8.61	$8.75
Jul 13, 2026	$8.47	$8.54	$8.37	$8.44
Jul 10, 2026	$8.70	$8.78	$8.64	$8.67
Jul 9, 2026	$8.50	$8.61	$8.47	$8.57

BITO Frequently Asked Questions

What chart pattern is BITO forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a triangle on Bitcoin Strategy (BITO) on the daily chart, with a measured-move target of $14.20.

Is a triangle bullish or bearish?

The triangle detected on BITO is a bullish pattern, projecting a measured-move target of $14.20. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

What is the price target if BITO's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $14.20 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was BITO's closing price on Jul 22, 2026?

Bitcoin Strategy (BITO) last closed at $8.95 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.