Bitcoin Futures ($BITF) is currently testing the lower boundary of its Gann arc resistance zone. Price action shows a rejection pattern at this level, suggesting traders are defending this support-turned-resistance area. Whether this holds or breaks will be key to determining the next directional move. Keep an eye on volume behavior around this critical juncture—it often hints at whether bulls or bears have conviction here.
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OnlyUpOnly
· 23h ago
Hmm, Gann arc resistance levels are repeatedly contested, retail investors are about to be shaken out again, right?
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MEVSandwichVictim
· 23h ago
Hmm... another Gann arc. Does this thing really work? Feels like just post hoc reasoning.
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LiquidationOracle
· 23h ago
Breaking below, even a single unit doesn't count, really disappointing.
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JustAnotherWallet
· 23h ago
Looking at the volume... feels like this wave is about to break through, not many people are supporting the market.
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BearMarketBard
· 01-17 02:48
I'm quite optimistic about this rejection trend, but trading volume is the real indicator.
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BlockchainTherapist
· 01-17 02:46
Breaking below or holding firm, it all depends on whether the trading volume dares to speak up.
Bitcoin Futures ($BITF) is currently testing the lower boundary of its Gann arc resistance zone. Price action shows a rejection pattern at this level, suggesting traders are defending this support-turned-resistance area. Whether this holds or breaks will be key to determining the next directional move. Keep an eye on volume behavior around this critical juncture—it often hints at whether bulls or bears have conviction here.