Published 23 Aug 2026, 10:30 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 The Macro Downtrend is a dynamic resistance As a result, it will represent lower prices with each passing month This August, the Macro Downtrend represents the price point of ~$79600 But in September this will drop to ~$76300 With passing time, technically it will be easier to break this Downtrend because it will represent a lower price Which is why if the Bulls truly are in control then Bitcoin should be able to sustain these highs long enough to durably breach the Downtrend In saying that, Bear Market rallies aren't able to sustain their local highs and so time will easily verify the sustainability of this newfound strength for Bitcoin or lack thereof Hovering below the Downtrend incessantly leaves price vulnerable to rejection $BTC #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 85867.85 / 76776.94 − 1 = +11.84%d × r = -11.84% against a neutral band of ±5.18% → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction