Grayscale Bitcoin (GBTC) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for GBTC · data as of Jun 30, 2026. The chart above is live; the read below updates daily.

$45.52last close · Jun 30, 2026

GBTC rising wedge pattern

GBTC is currently forming a Rising Wedge on the daily timeframe. Detected Jun 30, 2026.

A Rising Wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $54.39 (−15.4%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R.

DirectionBearishTarget$54.39Projected move−15.4%Breakout level$62.30

GBTC's most recent rising wedge trade

GBTC's most recent completed Rising Wedge resolved as a win: it broke down on May 15, 2026 near $61.44, then reached its target at $54.39 on Jun 2, 2026 — a +2.93R move (11.5%) over 11 sessions. Across 43 backtested rising wedges, this setup wins 69.8% of the time.

OutcomeWinResult+2.93REntry$61.44Exit$54.39

How rising wedges have performed

Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154

Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.

GBTC support and resistance levels

On the weekly chart, the nearest level worth watching is a ceiling overhead near $102.64 — 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 $102.64 — that's where the next read tends to form.

Nearest auto-detected resistance near $106.23. These are chart/swing-derived levels, not formula pivots.

Resistance
$106.23$136.67$200.57

GBTC recent daily prices

DateOpenHighLowClose
Jun 30, 2026$45.30$45.87$45.04$45.52
Jun 29, 2026$46.45$47.00$45.67$46.77
Jun 26, 2026$45.58$46.92$45.57$46.28
Jun 25, 2026$47.41$47.47$44.98$45.90
Jun 24, 2026$47.92$48.12$45.78$46.41
Jun 23, 2026$48.08$48.70$48.00$48.35
Jun 22, 2026$50.39$50.87$49.81$49.96
Jun 18, 2026$49.88$49.91$48.26$48.80
Jun 17, 2026$50.34$51.51$49.65$49.85
Jun 16, 2026$51.18$51.37$50.68$50.91

GBTC frequently asked questions

What chart pattern is GBTC forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Rising Wedge on Grayscale Bitcoin (GBTC) on the daily chart, with a measured-move target of $54.39.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on GBTC is a bearish pattern, projecting a measured-move target of $54.39. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for GBTC?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), GBTC's nearest support is around n/a and nearest resistance around $106.23.
What is the price target if GBTC's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $54.39 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was GBTC's closing price on Jun 30, 2026?
Grayscale Bitcoin (GBTC) last closed at $45.52 on Jun 30, 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.

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