
Technical analysis of iShares Bitcoin Trust ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The iShares Bitcoin Trust ETF (IBIT) is a financial instrument that provides a simplified alternative to direct bitcoin investments, without the need to acquire and manage bitcoin through digital asset exchanges. It is a non-diversified fund focused on the digital assets sector.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
47.27 $
−1.36%
50 sessions
44.50 $
+4.78%
200 sessions
41.76 $
+11.65%
s2
45.93
Support
s1
46.12
Support
pivot
46.39
Pivot
r1
46.58
Resistance
r2
46.85
Resistance
In the October 20, 2026 session iShares Bitcoin Trust ETF closed higher at 46.62 $, +0.70% versus the previous session.
The price sits mixed against its moving averages: −1.36% against the 21-session average, +4.78% against the 50 and +11.65% against the 200.
The 14-period RSI reads 53.1, in neutral territory.
MACD stands at 0.462 against a signal line at 0.803: the histogram is negative (−0.342).
ADX reads 22.0, indicating weak directionality.
Levels computed on the latest session place supports at 46.12 and 45.93 $ and resistances at 46.58 and 46.85 $, around a pivot of 46.39.
The average daily range (ATR) is 1.181 $, or 2.53% of price.
Turnover was 19.1M shares, 53% of the 20-session average.
Over the last twelve months the price ranged between 32.84 and 49.39 $, and today stands −5.60% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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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.
How is iShares Bitcoin Trust ETF analysed technically?
Technical analysis of iShares 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 iShares 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 iShares Bitcoin Trust ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to iShares Bitcoin Trust ETF it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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