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

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

$33.29last close · Jun 30, 2026

IBIT rising wedge pattern

IBIT 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 $39.66 (−15.4%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R.

DirectionBearishTarget$39.66Projected move−15.4%Breakout level$45.43

IBIT's most recent rising wedge trade

IBIT's most recent completed Rising Wedge resolved as a win: it broke down on May 15, 2026 near $44.82, then reached its target at $39.66 on Jun 2, 2026 — a +2.96R move (11.5%) over 11 sessions. Across 10 backtested rising wedges, this setup wins 60.0% of the time.

OutcomeWinResult+2.96REntry$44.82Exit$39.66

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.

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.

Nearest auto-detected resistance near $46.42. These are chart/swing-derived levels, not formula pivots.

Resistance
$46.42

IBIT recent daily prices

DateOpenHighLowClose
Jun 30, 2026$33.08$33.50$32.88$33.29
Jun 29, 2026$33.90$34.33$33.33$34.18
Jun 26, 2026$33.28$34.26$33.25$33.85
Jun 25, 2026$34.60$34.66$32.84$33.52
Jun 24, 2026$34.97$35.14$33.41$33.87
Jun 23, 2026$35.11$35.57$35.04$35.31
Jun 22, 2026$36.78$37.14$36.36$36.50
Jun 18, 2026$36.42$36.44$35.22$35.62
Jun 17, 2026$36.74$37.61$36.24$36.36
Jun 16, 2026$37.36$37.52$36.99$37.17

IBIT frequently asked questions

What chart pattern is IBIT forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Rising Wedge on Bitcoin (IBIT) on the daily chart, with a measured-move target of $39.66.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on IBIT is a bearish pattern, projecting a measured-move target of $39.66. 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 IBIT?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), IBIT's nearest support is around n/a and nearest resistance around $46.42.
What is the price target if IBIT's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $39.66 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was IBIT's closing price on Jun 30, 2026?
Bitcoin (IBIT) last closed at $33.29 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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