Bitcoin(IBIT)

Bitcoin (IBIT) Chart Patterns, Support & Resistance & Technical Analysis

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

$37.34last close · Jul 22, 202652-week range $32.84 – $71.82 · 48.01% below the high

IBIT Falling Wedge Pattern

IBIT is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge usually breaks higher, but IBIT is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $47.85 (−13.5%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; IBIT's own falling wedges have hit 50.0%.

DirectionBearishTarget$47.85Projected move−13.5%Breakout level$55.65

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

IBIT's Most Recent Bullish Pennant Trade

IBIT's most recent completed bullish pennant resolved as a win: it broke higher on Jul 3, 2025 near $62.85, then reached its target at $66.36 on Jul 25, 2025 — a 5.6% move (+1.16R) over 15 sessions. Across 8 backtested bullish pennants, this setup wins 75.0% of the time.

OutcomeWinResult+5.6%R+1.16REntry$62.85Exit$66.36

Learn about bullish pennant

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

IBIT win rate

50.0%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

IBIT Pattern Trade History

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

Pattern	Entry	Exit	Outcome	Result
Bullish Pennant	Jul 3, 2025 @ $62.85	Jul 25, 2025 @ $66.36	Win	+9.3% · +1.16R
Falling Wedge	Apr 16, 2025 @ $48.53	May 29, 2025 @ $59.99	Win	+18.2% · +2.06R
Falling Wedge	Apr 11, 2025 @ $46.86	May 5, 2025 @ $53.63	Win	+17.9% · +1.75R
Falling Wedge	Mar 14, 2025 @ $47.38	Apr 8, 2025 @ $43.59	Loss	+19.1% · -1.10R
Triangle	Feb 25, 2025 @ $50.66	Mar 10, 2025 @ $44.22	Win	+17.8% · +1.09R
Falling Wedge	Jan 16, 2025 @ $57.04	Feb 25, 2025 @ $50.03	Loss	+15.6% · -1.10R
Bullish Pennant	Sep 17, 2024 @ $34.10	Nov 26, 2024 @ $51.70	Win	+40.8% · +4.56R
Falling Wedge	May 8, 2024 @ $35.73	Jun 7, 2024 @ $39.42	Win	+17.4% · +2.50R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

ALNYAlnylam Pharmaceuticals

Winning trade · +18.8%

Opened Feb 6, 2026

Closed Jul 22, 2026

Open ALNY’s live chart →

Open BA’s live chart →

BDXBecton Dickinson

Winning trade · +2.8%

Opened Jun 25, 2026

Closed Jul 21, 2026

Open BDX’s live chart →

HIIHuntington Ingalls Industries

Winning trade · +13.1%

Opened Jun 1, 2026

Closed Jul 21, 2026

Open HII’s live chart →

Learn about falling wedge

IBIT Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

Much of the time charts simply drift between levels; the best reads are worth waiting for.
Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

IBIT Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$37.15	$37.60	$37.13	$37.34
Jul 21, 2026	$37.61	$37.93	$37.40	$37.67
Jul 20, 2026	$36.53	$37.25	$36.25	$36.89
Jul 17, 2026	$35.58	$36.48	$35.36	$36.35
Jul 16, 2026	$36.37	$36.75	$36.21	$36.39
Jul 15, 2026	$36.97	$37.14	$36.64	$36.81
Jul 14, 2026	$36.19	$36.79	$35.96	$36.58
Jul 13, 2026	$35.37	$35.63	$34.96	$35.22
Jul 10, 2026	$36.33	$36.66	$36.08	$36.23
Jul 9, 2026	$35.49	$35.95	$35.36	$35.81

IBIT Frequently Asked Questions

What chart pattern is IBIT forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Bitcoin (IBIT) on the daily chart, with a measured-move target of $47.85.

Is a falling wedge bullish or bearish?

The falling wedge detected on IBIT is a bearish pattern, projecting a measured-move target of $47.85. See its full backtested track record above — that's the real edge, not the textbook label.

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

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

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

The detected falling wedge has a geometry-based measured-move target of $47.85 (pattern height projected from the breakout). This is a technical target, not a recommendation.

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

Bitcoin (IBIT) last closed at $37.34 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.