Bitcoin Trend Depth Analysis: Gann Square Reveals Key Support and Resistance

Recently, Bitcoin (BTC) price movement has been volatile, with intense Bull vs Bear Battle in the market. In Technical Analysis, Gann Theory, as a classic time-space analysis tool, can help traders identify key support and resistance areas. This time, we will combine the analysis of Gann Square to explore the key price levels and potential trends for Bitcoin in the short term.

Gann Square Basics Concept

The Gann Square is a technical analysis tool based on the symmetry of time and price. It identifies potential turning points and trend directions in the market by setting up proportional time-price grids. Among them, the 45° Gann line (1×1 line) is an important reference for trend changes. When the price moves along this line, it typically indicates a solid trend. Breaking below or above these key lines often signals a market turning point.

Bitcoin price movement analysis: short-term support and resistance

In this analysis, we constructed a Gann square covering the period from January 20, 2025, to April 3, 2025, with a price range from $110,000 to $76,500, to observe the operation of Bitcoin within the time-space framework.

Current price overview: Bitcoin is currently in the lower half of the square and testing the support at 82137.3 USD, which is one of the bottom support areas of the square. If this support holds, the market may see a short-term rebound.

Key support level

82137.3 USD (square bottom boundary) — short-term bull defense area, if it breaks down, it may further decline.

80,000 - 78,000 USD (previous low area) — After breaking 82137.3, it may test this support zone.

Key resistance level

83,350 - 85,000 USD (Square 1/4 position & Fibonacci retracement 0.382) — If there is a short-term rebound, this range will become the first resistance level.

$90,000 (near Gann 45° line) — If this level is broken, the market trend may reverse and shift towards a stronger pattern.

95,000 - 98,000 USD (square center area) — an important trend watershed, with the potential to return to the 100,000 USD mark after a breakout.

Future Price Movement Prediction and Trading Strategies

Short-term price movement (within 1-2 weeks)

If Bitcoin holds steady at the support of 82137.3 USD and successfully breaks through 83,350 USD, the short-term rebound target may be in the range of 85,000 - 88,000 USD. If it falls below 82137.3 USD, the market may further test the levels of 80,000 - 78,000 USD.

Medium-term price movement (within 1 month)

If it breaks through $90,000 - $95,000, the market trend will clearly strengthen, and it is expected to challenge $100,000.

If it is blocked in the range of $85,000 - $90,000, the market may enter a consolidation phase and even further explore the bottom.

Conclusion and Risk Warning

📌 Short-term focus on the support at 82137.3 USD, if it holds, we can look towards 85,000 - 88,000 USD 📌 If it breaks below 82137.3 USD, it may seek support around the 80,000 USD area 📌 A breakthrough above 90,000 - 95,000 USD will lead the market into a stronger trend.

The current market still has significant volatility, and traders need to combine risk management strategies to avoid excessive leverage operations. Gann Theory provides a method for predicting market trends, but in actual trading, it is still necessary to combine other technical indicators (such as MACD, RSI, Fibonacci retracement) for comprehensive judgment.

With the change in market sentiment, the price movement of Bitcoin may still be influenced by macroeconomic factors and market liquidity. Investors should remain vigilant and closely monitor the breakthrough of key support and resistance levels to formulate more robust trading strategies.

This article only represents the author’s personal views and does not reflect the position or views of this platform. This article is for information sharing only and does not constitute any investment advice to anyone.

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