Bitcoin StrategyBITO
Auto-detected technical analysis for BITO · data as of Sep 1, 2026. The chart above is live; the read below updates daily.
BITO is currently forming a falling wedge on the daily timeframe. Detected Sep 1, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $14.68 (+15.9%).
New to this pattern? What a falling wedge is and how to trade it →
BITO's most recent completed triangle resolved as a win: it broke down on Oct 22, 2026 near $10.82, then reached its target at $9.67 on Nov 10, 2026 — a 10.6% move (+2.18R) over 13 sessions. Across 174,480 backtested triangles, this setup wins 40.9% of the time.
Every completed pattern trade our nightly backtest found on BITO's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Oct 22, 2026 @ $10.82 | Nov 10, 2026 @ $9.67 | Win | +10.6% · +2.18R |
| Falling wedge | Oct 20, 2026 @ $11.06 | Oct 27, 2026 @ $10.67 | Loss | +4.3% · -1.40R |
| Falling wedge | Jul 14, 2026 @ $8.67 | Oct 5, 2026 @ $11.51 | Win | +30.4% · +9.47R |
| Rising wedge | May 15, 2026 @ $10.76 | May 28, 2026 @ $10.03 | Win | +6.8% · +1.52R |
| Triangle | Apr 22, 2026 @ $10.78 | May 28, 2026 @ $9.96 | Loss | +11.0% · -1.55R |
| Triangle | Apr 17, 2026 @ $10.58 | May 29, 2026 @ $9.94 | Loss | +10.6% · -1.21R |
| Falling wedge | Jan 13, 2026 @ $12.89 | Jan 21, 2026 @ $12.41 | Loss | +10.7% · -1.09R |
| Falling wedge | Jan 12, 2026 @ $12.78 | Jan 27, 2026 @ $12.22 | Loss | +13.0% · -1.40R |
| Falling wedge | Jan 5, 2026 @ $12.90 | Jan 21, 2026 @ $12.41 | Loss | +5.7% · -0.61R |
| Falling wedge | Dec 31, 2025 @ $12.37 | Jan 29, 2026 @ $11.63 | Loss | +18.0% · -2.64R |
| Triangle | Dec 24, 2025 @ $12.09 | Jan 14, 2026 @ $13.35 | Loss | +11.3% · -1.00R |
| Falling wedge | Oct 3, 2025 @ $20.22 | Oct 13, 2025 @ $18.88 | Loss | +8.0% · -1.39R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $8.12 about 7 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $39.11 — still about 277% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 1, 2026 | $10.48 | $10.56 | $10.27 | $10.38 |
| Aug 31, 2026 | $10.52 | $10.69 | $10.47 | $10.63 |
| Aug 28, 2026 | $10.67 | $10.77 | $10.36 | $10.45 |
| Aug 27, 2026 | $10.71 | $10.91 | $10.65 | $10.78 |
| Aug 26, 2026 | $10.52 | $10.62 | $10.47 | $10.58 |
| Aug 25, 2026 | $10.62 | $10.75 | $10.54 | $10.66 |
| Aug 24, 2026 | $10.67 | $10.80 | $10.51 | $10.63 |
| Aug 21, 2026 | $10.42 | $10.53 | $10.30 | $10.41 |
| Aug 20, 2026 | $9.71 | $9.86 | $9.60 | $9.81 |
| Aug 19, 2026 | $8.78 | $9.42 | $8.74 | $9.25 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.