Bitcoin (BTC/USDT) Gann Analysis

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Hello dear traders,
Bitcoin where to?
📌 Current Market Status:

BTC is trading at $96,480, up +9.43% from the previous move.
The price is currently near the 180° Gann level at $95,316, acting as an important pivot zone.
Key Support & Resistance Levels (Based on Gann Grid):
🟢 Support Levels:
1️⃣ $95,316 (180° Gann Level) → If held, BTC may consolidate before another move up.
2️⃣ $92,266 (90° Gann Level) → Strong demand area; loss of this level may trigger a deeper correction.
3️⃣ $89,285 (0° Gann Level) → The lowest major support, likely to provide a strong bounce if reached.

🔴 Resistance Levels:
1️⃣ $98,434 (270° Gann Level) → Immediate resistance; breaking above it could fuel bullish momentum.
2️⃣ $101,621 (360° Gann Level) → Major resistance; BTC needs to flip this level to confirm an uptrend continuation.
3️⃣ $108,097 (540° Gann Level) → If BTC pushes through, it could target new highs around $114,745.

Market Outlook & Potential Scenarios:
✅ Bullish Scenario:

Holding above $95,316 could lead to a push towards $98,434 and $101,621.
A breakout above $101,621 might confirm a move towards $108,097.
❌ Bearish Scenario:

If BTC loses $95,316, we may see a drop toward $92,266.
Losing $92,266 could trigger a retest of the $89,285 support.
🚀 Final Thoughts:
BTC is currently at a crucial decision point! A breakout above $98,434 could lead to a strong bullish continuation, while a breakdown below $95,316 may bring more downside pressure.

What do you think? Will BTC push higher or correct down? 🤔

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