Rekt Capital

Rekt Capital

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Crypto Investor/Analyst Writes RC Newsletter: https://t.co/oDPFpObXNl New Course: https://t.co/LwzHmQomuE Follow for level-headed insights

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#BTC “So if the 200-week EMA is lost as support this week and price Weekly Closes below it again, Bitcoin could actually turn the EMA into new resistance” Bitcoin has once again dropped below the 200-week EMA, treating it as resistance once more Weekly Close below the EMA would confirm this $BTC #Crypto #Bitcoin twitter.com/rektcapital/status...

#BTC Can you believe Bitcoin is almost halfway through its Bear Market? $BTC #Crypto #Bitcoin

#BTC "Given this latest Weekly Close, there is therefore scope for another dip into the 200-week EMA for another retest to see if BTC can solidify a reclaim into support" Bitcoin is dipping towards the 200-week EMA once again $BTC #Crypto #Bitcoin twitter.com/rektcapital/status...

New edition of the RC Newsletter is out! Bitcoin - Between Two Old All Time Highs Will old All Time Highs from 2021 and 2024 turn into new resistance? Read here: newsletter.rektcapital.co/bitc...… #BTC #Crypto #Bitcoin

#BTC Bitcoin went for the post-breakout retest of the 200-week EMA But here's what interesting - technically, price Weekly Closed below the EMA That means that price technically kickstarted a breakdown from the EMA So if the 200-week EMA is lost as support this week and price Weekly Closes below it again, Bitcoin could actually turn the EMA into new resistance Given this latest Weekly Close, there is therefore scope for another dip into the 200-week EMA for another retest to see if BTC can solidify a reclaim into support But the overall suspicion has become confirmed: The 200-week EMA is acting as both an unreliable resistance and an unreliable support, never truly confirming a clear role Which thus could lend itself to further meandering in and around here before ultimately breaking down into additional Macro Downside over time $BTC #Crypto #Bitcoin twitter.com/rektcapital/status...

#BTC The Bitcoin retest of the 200-week EMA is now underway But given how unreliable this EMA was as a resistance in recent weeks... It's worth keeping at least a healthy dose of skepticism regarding this current retest of BTC trying to turn the EMA into new support We'll soon find out whether the retest is successful or not, with the new Weekly Close mere hours away $BTC #Crypto #Bitcoin twitter.com/rektcapital/status...

#BTC For the moment, Bitcoin is rejecting from 2021 and 2024 old All Time Highs 2021 old ATHs figured as support in late 2024 Whereas 2024 old ATHs featured as support in early 2025 But if things continue as they are looking right now... Both old ATHs could confirm into new resistance Especially with last month's Monthly Close having occurred below both of these levels to technically set up price positioning for a bearish retest $BTC #Crypto #Bitcoin twitter.com/rektcapital/status...

#BTC As things stand, Bitcoin is treating both 2021 and 2024 old All Time Highs as resistance $BTC #Crypto #Bitcoin

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