Loading…
Published 13 Sept 2026, 13:17 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 11 Sept 2026, 10:31 UTC · context given to the AI
#BTC Not much has changed structurally since late August Bitcoin has continued to Weekly Close above the 50-week EMA (purple) but is still below the major resistance (red) Whatever upside Bitcoin has managed to generate from here has consistently been cancelled out Bitcoin continues to hold the 50-week EMA (purple) but is currently slinking just below it so will need to Weekly Close above the EMA to preserve it as support Weekly Close below it however and we could see price replicate the bearish price action similar to when BTC Weekly Closed below the green 21-week EMA (red circle) Bitcoin will need at minimum continued stability here for progress and at best a new Higher High to shift the macro trend At the moment, price is still at a Lower High, still at major resistance, still undecided relative to the Macro Downtrend, and displaying continued signs of Daily Bearish Divergences $BTC #Bitcoin#BTC At this very moment, Bitcoin is positioned for a bearish Weekly Close below the 50-Week EMA (purple) Of course, there are still a few more hours left until the Weekly Close occurs so things could still easily change But if the Weekly Close occurs just like this and then the 50-week EMA is turned into new resistance afterwards... There'd be a very similar situation to what happened when price initially retested the green 21-week EMA support but ultimately broke down from it weeks later (red circle) Both of these EMAs tend to act as support in a Bull Market So if they can't hold sustainably as support then that would be a confirmation of the trend not being in a full-blown Bull Cycle yet $BTC #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 77298.6 / 76818.08 − 1 = +0.63%d × r = -0.63% against a neutral band of ±0.41% → 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