Grayscale BitcoinGBTC
Auto-detected technical analysis for GBTC · data as of Sep 4, 2026. The chart above is live; the read below updates daily.
GBTC is currently forming a falling wedge on the daily timeframe. Detected Sep 4, 2026.
A falling wedge usually breaks higher, but GBTC is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $65.87 (−13.7%).
New to this pattern? What a falling wedge is and how to trade it →
GBTC's most recent completed triangle resolved as a win: it broke down on Oct 22, 2026 near $62.75, then reached its target at $56.40 on Nov 10, 2026 — a 10.1% move (+2.28R) 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 GBTC's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Oct 22, 2026 @ $62.75 | Nov 10, 2026 @ $56.40 | Win | +10.1% · +2.28R |
| Falling wedge | Oct 20, 2026 @ $63.84 | Oct 27, 2026 @ $61.72 | Loss | +4.4% · -1.41R |
| Falling wedge | Jul 20, 2026 @ $50.67 | Oct 5, 2026 @ $66.52 | Win | +28.7% · +7.00R |
| Rising wedge | May 15, 2026 @ $61.24 | May 28, 2026 @ $57.09 | Win | +6.8% · +1.59R |
| Triangle | Apr 22, 2026 @ $61.07 | May 29, 2026 @ $56.67 | Loss | +10.9% · -1.50R |
| Triangle | Apr 17, 2026 @ $59.87 | May 29, 2026 @ $56.67 | Loss | +10.9% · -1.10R |
| Triangle | Dec 30, 2025 @ $69.24 | Jan 30, 2026 @ $64.61 | Loss | +13.1% · -2.89R |
| Triangle | Oct 6, 2025 @ $98.04 | Oct 13, 2025 @ $89.72 | Loss | +10.9% · -1.67R |
| Triangle | Oct 2, 2025 @ $93.87 | Oct 13, 2025 @ $89.72 | Loss | +6.0% · -0.78R |
| Triangle | Oct 1, 2025 @ $92.55 | Oct 16, 2025 @ $87.15 | Loss | +11.4% · -1.18R |
| Falling wedge | Sep 5, 2025 @ $88.69 | Sep 23, 2025 @ $88.63 | Loss | +3.7% · -0.02R |
| Rising wedge | Aug 1, 2025 @ $90.04 | Aug 11, 2025 @ $94.68 | Loss | +20.0% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $46.27 about 3 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $87.53 — still about 42% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 4, 2026 | $61.34 | $61.80 | $60.81 | $61.73 |
| Sep 3, 2026 | $60.67 | $63.29 | $60.67 | $63.24 |
| Sep 2, 2026 | $59.41 | $59.98 | $59.22 | $59.80 |
| Sep 1, 2026 | $60.20 | $60.66 | $59.08 | $59.76 |
| Aug 31, 2026 | $60.32 | $61.33 | $60.11 | $61.02 |
| Aug 28, 2026 | $61.28 | $61.82 | $59.49 | $60.01 |
| Aug 27, 2026 | $61.38 | $62.58 | $61.06 | $61.86 |
| Aug 26, 2026 | $60.38 | $60.87 | $60.08 | $60.73 |
| Aug 25, 2026 | $60.87 | $61.59 | $60.44 | $61.07 |
| Aug 24, 2026 | $61.16 | $61.91 | $60.24 | $60.96 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.