Gitcoin GTC
GTC cycle analysis · chart, confirmed lows and fundamentals
Phoenix · monthly · score 50 mixed
22.5% below its 365-day high of $0.3890 (2026-10-12), +366.9% off the 365-day low. Snapshot 2026-10-21 UTC.
Not on the Broken Coins list.
Not on the Broken Coins list: 22% below its rolling 365-day high, under the 50% Watch line, and no crash trigger.
Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.
Phoenix monthly: stopped falling by the rules, +366.9% above the Jun 2026 trough. Details below.
Since the previous scan.
Tier, recovering badge and Phoenix state are unchanged between these two observations.
Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.
Recorded timeline →Where it sits in each cycle
a swing low confirms only when a later bar takes out the low bar's highMonthly
- Last bars
- 2Dr 1g 2Ug 2Ug 2Ug
- Confirmed low
- $0.0646 · 2026-06-30
- Position
- 4 of median 3 (max 15)
- Current low
- $0.0646 · confirmed
- Cycle-low confidence
- 42% · in band
- Confirmed lows
- 12
Weekly
- Last bars
- 2Ug 2Ug 2Ug 2Ug 1g
- Confirmed low
- $0.0731 · 2026-09-20
- Position
- 5 of median 4 (max 20)
- Current low
- $0.0731 · confirmed
- Cycle-low confidence
- 42% · in band
- Confirmed lows
- 50
Daily
- Last bars
- 2Ug 2Ug 2Ug 2Ur 2Dr
- Confirmed low
- $0.1887 · 2026-10-16 (daily)
- Position
- 5 of median 5 (max 29)
- Current low
- $0.2945 · unconfirmed
- Confirms above
- $0.3293
- Cycle-low confidence
- 36% · in band
- Confirmed lows
- 330
The full read, in sentences
- Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0646 (Jun 2026), month 4 of a cycle that has typically run 3. Cycle-low confidence 42%.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.0731 (Sep 2026), week 5 of a cycle that has typically run 4. Cycle-low confidence 42%.
- Daily: bar is a red 2-Down. Last confirmed swing low 0.1887 (2026-10-16), day 5 of a cycle that has typically run 5. Current low 0.2945 is unconfirmed — it confirms above 0.3293. Cycle-low confidence 36%.
- Phoenix: 98% decline over 27 months, monthly swing low confirmed (late (3 bars)), now +367% above the trough; pullback #2 confirmed 2026-09-27.
- Gauges: Mayer multiple 3.09 (overheated); -59% vs the 200-week average; -99% from the all-time high.
Has Gitcoin bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the GTC snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0646 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0731 from 2026-09-20. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.1887 from 2026-10-16. A newer candidate at $0.2945 is unconfirmed; its confirmation level is above $0.3293, provided the candidate low is not undercut first.
How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.
How far is Gitcoin below its high?
The Coinbase price snapshot is 22.5% below its rolling 365-day high of $0.3890 from 2026-10-12. Separately, CoinGecko reports -98.7% relative to its all-time high of $22.37 in the fundamentals snapshot pulled 2026-10-21.
Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.
The recorded history
scan observations, not exact transition timesFirst observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.
- Watch; recovering · Phoenix monthly → Phoenix monthly
- Amber List; recovering · Phoenix monthly → Watch; recovering · Phoenix monthly
- Amber List · Phoenix weekly → Amber List; recovering · Phoenix monthly
- First observed: Amber List · Phoenix weekly
Phoenix
stopped falling, by the rules- Peak
- $2.98 · Mar 2024
- Trough
- $0.0646 · Jun 2026
- Decline
- -97.8% over 27 months
- Above trough
- +366.9%
- Monthly
- confirmed (late (3 bars)) · trigger $0.1031
- Weekly
- confirmed (late (5 bars))
- False bottom
- $0.1900 · Jun 2025 (2 higher highs, then undercut)
- Entry
- pullback #2 low $0.0731 confirmed 2026-09-27 · trigger $0.0872
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | -15 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 151.93 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.14 x | 13.9 / 15 |
| Size (market-cap rank) survivorship | 1259 # | 0 / 15 |
| Age on Coinbase survived a cycle | 5.4 yrs | 10.0 / 10 |
| usage | could not look — no source data | |
| tvl | could not look — no source data | |
| momentum | could not look — no source data | |
4 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $10.2M
- Fully diluted
- $11.7M
- 24h volume
- $15.5M
- Circulating
- 87,491,502 of 100,000,000 max
- All-time high
- $22.37 · 2021-11-26 (-98.7%)
- TVL
- $0 (protocol)
- Fees 30d
- —
- Revenue 30d
- —
- Fees 1y
- —
- Mayer multiple
- 3.086 · overheated
- vs 200-week avg
- -59.3%
- Pi cycle
- 0.483
- On Coinbase since
- 2021-06-10 (1960 bars)
- CoinGecko id
- gitcoin
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources