Grayscale Bitcoin Trust ETF technical analysis
Technical analysis of Grayscale Bitcoin Trust ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Grayscale Bitcoin Trust ETF
Grayscale Bitcoin Trust ETF (GBTC) is a financial instrument that holds Bitcoin and values its holdings in accordance with U.S. generally accepted accounting principles (GAAP), determining fair value based on digital asset market prices at 4:00 p.m. New York time on the valuation date.
Description generated automatically from public sources; it may be inaccurate or out of date.
Grayscale Bitcoin Trust ETF: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
64.48 $
−1.22%
50 sessions
60.74 $
+4.88%
200 sessions
57.22 $
+11.32%
Session levels
s2
62.65
Support
s1
62.90
Support
pivot
63.27
Pivot
r1
63.52
Resistance
r2
63.89
Resistance
How to read it
In the October 20, 2026 session Grayscale Bitcoin Trust ETF closed higher at 63.70 $, +0.89% versus the previous session.
The price sits mixed against its moving averages: −1.22% against the 21-session average, +4.88% against the 50 and +11.32% against the 200.
The 14-period RSI reads 53.5, in neutral territory.
MACD stands at 0.622 against a signal line at 1.080: the histogram is negative (−0.459).
ADX reads 21.9, indicating weak directionality.
Levels computed on the latest session place supports at 62.90 and 62.65 $ and resistances at 63.52 and 63.89 $, around a pivot of 63.27.
The average daily range (ATR) is 1.578 $, or 2.48% of price.
Turnover was 1.2M shares, 84% of the 20-session average.
Over the last twelve months the price ranged between 44.98 and 67.39 $, and today stands −5.48% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Grayscale Bitcoin Trust ETF
How is Grayscale Bitcoin Trust ETF analysed technically?
Technical analysis of Grayscale Bitcoin Trust ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Grayscale Bitcoin Trust ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Grayscale Bitcoin Trust ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Grayscale Bitcoin Trust ETF it helps frame the technical structure of the historical chart and is not a forecast.
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