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Published 15 Oct 2026, 11:48 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 7 Oct 2026, 12:51 UTC · context given to the AI
#BTC Interestingly, the two EMAs (purple 50-week EMA & green 21-week EMA) are converging and slowly building confluence in the mid- to high $70,000s Over time, this confluence will occur at higher prices given the dynamic nature of the EMAs More, a Golden Cross is set to occur over the next several weeks Historically, whenever a pullback has taken place into the two EMAs in early Bull Markets, the pullback bottom would not be too far off, especially whenever deviations below the EMAs would occur After all, successful retesting of the two EMAs in new Bull Markets has sustained bullish momentum for price $BTC #Bitcoin#BTC Bitcoin is now not very far away from retesting the 50-week (purple) and 21-week (green) EMAs Deviating below them on a volatile retest to find a pullback bottom has historically happened in early-stage Bull Markets These deviations however would occur after a bullish crossovers of these two EMAs, whereas Bitcoin is still pre-crossover A confirmed crossover strengthens the EMAs as support However because the EMAs are still apart, that could potentially mean a deeper deviation below them to find a pullback bottom $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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