Usman Salis
⬤ Bitcoin just cleared an important technical hurdle on the weekly timeframe, breaking above a Gann arc that's been tracking market symmetry for over a year. This arc has consistently lined up with major turning points, and the recent breakout marks a real structural shift—not necessarily a signal that price is about to rocket higher right away. The chart shows BTC respecting these geometric levels repeatedly over time, which reinforces how relevant they are for understanding long-term price action.
⬤ After the breakout, Bitcoin pulled back from recent highs near $120,000 and is now trading around $90,000. Even with this retracement, the weekly structure still looks solid. That broken Gann arc isn't overhead resistance anymore—it's now providing underlying support within the bigger picture. This change means downside moves are more likely to find structural support rather than picking up speed lower, even if we see some short-term choppiness.
⬤ The chart also shows long-term market symmetry through intersecting arcs and angles that have historically matched up with key price zones. Within this framework, $80,000 stands out as an area where support is increasingly likely to develop if Bitcoin keeps consolidating or retests lower levels.
⬤ This technical shift matters for the broader market because Bitcoin's weekly structure often sets the tone for long-term sentiment across crypto. Better structural support can help stabilize price during consolidation and reduce downside risk when corrections happen. With BTC now trading above this key Gann arc, the focus shifts to how price behaves during pullbacks and whether that $80,000 zone can hold up as reliable support if tested.
Usman Salis
