EsotericTrading

BTC Gann 50% Level Expected 2023-2024

Short
INDEX:BTCUSD   Bitcoin
Utilizing technical analysis methods like Gann theory, there's a perspective that Bitcoin has yet to reach the Gann 50 percent level (green line), a critical point in market analysis.

According to this perspective, the Gann 50 percent level represents a significant milestone in price movement, suggesting that an asset has only retraced half of its previous move. Bitcoin's historical price patterns indicate that it has consistently shown resilience and strong upward movements, but hasn't yet retraced to this specific Gann level.

As a result, analysts anticipate that Bitcoin is poised to reach this critical 50 percent level in its price retracement.

However, it's important to remember that market analysis, including techniques like Gann theory, involves predictions and projections that are subject to change based on various factors, and investing in cryptocurrencies carries inherent risks. Always conduct thorough research and consider multiple factors when making investment decisions.

The next ATH *all time high* for Bitcoin based on our Heliocentric Mars cycles is anticipated to occur several weeks before or after October 14th, 2025.
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