r/BitcoinPrivate • u/Protrado_com • 18d ago
š Bitcoinās Weekly Gann Fan Is Getting Interesting Iāve been looking at Bitcoinās weekly chart through a Gann Fan, and the current structure is worth watching
š A BTC Retest Might Be More Interesting Than Another Rally
Everyone watches the breakout candle.
Iām more interested in what Bitcoin does after the breakout.
BTC has recently pushed through its descending weekly trendline after reacting around a longer-term Gann Fan area.
If price continues straight higher, the resistance zones above become the obvious areas to monitor.
But a pullback could actually provide more information.
If BTC revisits the breakout/Gann structure and holds, that would tell us something very different from price falling straight back through it.
So I wouldnāt automatically interpret a retest as bearish.
The level itself isnāt the answer. The reaction is.
Would you rather see BTC continue immediately, or get a cleaner weekly retest first?