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Using Gann's 50% Retracement Rule to Predict Bitcoin's Future Price Movement

Bitcoin (BTC) is a highly volatile asset, and predicting its future price movement is notoriously difficult. However, some analysts believe that Gann's 50% retracement rule could be used to make predictions about Bitcoin's future price movement.

Gann's 50% retracement rule suggests that after a significant price movement in a financial market, the market tends to retrace approximately 50% of that move in about half of

Trading can be a lucrative and rewarding endeavor, but it is important to approach it in a professional and structured manner. One of the best ways to do this is to treat your trading like a business. This means adopting the same discipline, strategy, and mindset as you would in any other business venture.

Start with a Business Plan

Just as any successful business requires a well-defined business plan, your trading should also have a clear plan in place. This plan should include your goals, ri

In the world of trading, success often depends on a trader's ability to accurately predict market movements. One of the techniques that traders use to make these predictions is the analysis of harmonic patterns. In this article, we will explore what harmonic patterns are, how they are formed, and how they can be used to make profitable trades.

What are Harmonic Patterns?

Harmonic patterns are specific chart patterns that are based on Fibonacci ratios and geometric shapes. These patterns are us