Tobias Reily @orbitalnewt: "𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗛𝗼𝗹𝗱𝗶𝗻𝗴 𝗚𝗮𝘂𝘀𝘀𝗶𝗮𝗻 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 𝗞𝗲𝘆..."

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𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗛𝗼𝗹𝗱𝗶𝗻𝗴 𝗚𝗮𝘂𝘀𝘀𝗶𝗮𝗻 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 𝗞𝗲𝘆 𝗟𝗲𝘃𝗲𝗹𝘀 𝗔𝗵𝗲𝗮𝗱 𝗮𝘁 𝟵𝟱𝗸, 𝟭𝟬𝟳𝗸, 𝗮𝗻𝗱 𝟭𝟭𝟮𝗸: 🔍👇👇👇 🔶 Bitcoin has not broken below the Gaussian low line, and in fact bounced from it precisely with the 17th November wick. Notice how this coincides with the Magenta Gann Fann angle. That acted as support in two periods of 2024, both leading to impulsive moves upwards. 🔶 It is very important from a technical perspective that Bitcoin gets back above the Gaussian midline soon. I can't give an exact timeframe, as it could do it in 1 week or it could take several, but I'd like to see it soon. A recovery above this line (about 95k) would indicate we have further bullish moves to come. 🔶 The upper line is around 107k which will be a significant resistance area. Getting past that point is where altcoins usually start to outperform significantly. If Bitcoin is to go to a new all time high, we want to see the .702 fibonacci retracement breached instead of seeing it reject downwards. That level is 112k. A strong burst through this area gives a high probability chance of a new all time high. 🔶 Finally, you can see that a third major touch of the 45 degree blue line would be around 150 to 160k if it were to happen in the next few months. 🔶 Using geometric tools alongside traditional technical indicators can highlight areas of confluence, but any trading or investment decision should still incorporate a full range of supporting signals and broader market context. 🟩 🌫️ What the Gaussian Channel Is (Simple Explanation) A Gaussian channel is a smoothed price band derived from moving averages. It helps identify the trend, momentum, and mean reversion zones. 📐The midline is essentially the "fair value" area. 📐The upper band shows where price is extended upward. 📐The lower band shows where price is extended downward. When price bounces from the lower band, it often signals exhaustion of downside momentum; reclaiming the midline typically indicates a shift back toward bullish trend strength. (This is not financial advice. All analysis is for educational and informational purposes only.) $BTC $ETH $XRP $SOL $NSDQ100

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