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Published 22 Aug 2026, 11:46 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 22 Aug 2026, 11:33 UTC · context given to the AI
#BTC Bitcoin is finding resistance at the Macro Downtrend (black) But there's also another resistance to consider The April/May 2026 Monthly candle-bodied highs (blue) Monthly Close below both Macro Downtrend & these Monthly highs would confirm a confluent resistance for Bitcoin here $BTC #Bitcoin#BTC Another thing worth considering is this: Are April/May 2026 weakening as a point of rejection or strengthening? The previous two rejections imply slight strengthening Any upcoming rejection from here will be telling If the pullback is visibly shallower than -24% then there'll be a strong case to make for weakening resistance However, until then, one could also make an argument for price to follow the series of slight strengthening which would imply new Lower Lows Which is why the upcoming pullback will be very telling I used these same exact concepts for strengthening resistance at the Macro Higher High near the Bull Market peak and for weakening support when price was at $80k earlier this year: https://t.co/CYweqQDUi3 $BTC #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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