Rekt Capital

“#BTC Bitcoin keeps rejecting from the Lower High resistance (black trendline) In fact, today's Daily candle upside wicked beyond it, only to reject again More, Bitcoin keeps Daily Closing inside the orange support region and rejecting from the top of it The Weekly Close will take place in a few hours and so consistent rejecting from this Daily Lower High (black) would force price into a Weekly Close below $82500 Such a Weekly Close would position Bitcoin for a potential bearish retest of ~$82500 into new resistance And if that bearish retest occurs successfully then it could set price up for a drop below $80k within the next few weeks $BTC #Bitcoin”

“If #BTC performs a Weekly Candle Close below ~$82500 that would raise concerns of a fake-breakout from the $60k to $80k Macro Range for Bitcoin Especially if ~$82500 is then bearish retested back into resistance $BTC #Bitcoin”

“#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”

“$LIT - Lighter In the absence of bullish confirmation via a Weekly Close above the red Range High resistance... Lighter was always going to remain range-bound here (black square) As a result, additional consolidation to as low as the Range Low is a possibility #BTC #LIT #Lighter”

“#BTC Bitcoin has Monthly Closed above ~$82500 for September Which means Bitcoin will likely try to retest this level into new support this month A successful retest there could set up the next trend continuation History suggests this retest could get messy but let's take it one level at a time and not look too far ahead $BTC #Bitcoin”

“#BTC It's always very tempting to just assume Bitcoin will go on and produce -30% pullbacks in Bull Markets After all, deeper pullbacks afford better prices for entries But it's not about the pullback depth we desire but about the pullback depth that is reasonably probable based on where Bitcoin is in the cycle Take the previous 2022-2025 cycle: Bitcoin only saw over -30% retraces in the Post-Halving period Pre-Halving retraces were much shallower, just over -20% each time Early-stage Bull Markets offer shallow pullbacks but those pullbacks are great opportunities for the long-run $BTC #Bitcoin”

“#BTC Bitcoin has officially broken to new Macro Higher Highs, invalidating the series of Macro Lower Highs that persisted since October 2025 When a Macro Downtrend ends, a new Macro Uptrend begins $BTC #Bitcoin”

“#BTC Bitcoin continues its positioning below ~$78300 which is the Weekly level that price needs to successfully retest as support to move higher At the moment, price is below this level, prepared for a Weekly Close below, which resembles May 2026 Such a Weekly Close followed by a bearish retest would likely send price lower $BTC #Bitcoin”

“#BTC At this very moment, Bitcoin is positioned for a repeat of bearish price history However, Bitcoin has a few more days to turn things around before the new Weekly Close, if it can A Weekly Close below ~$78300 could set price up for a breakdown like in May $BTC #Bitcoin https://t.co/p2byeo3R1n https://t.co/upWuzpGObA”

“#BTC The Daily Bitcoin Bearish Divergences continue and that weakness is slowly translating into price But Bitcoin would still need to confirm a breakdown from $77k (orange) to have this mounting weakness fully translate into price bitcoin:native #Bitcoin https://t.co/ckhQ4WfxWC https://t.co/tx0AexNf7F”

“#BTC Bitcoin has officially Monthly Closed beneath the Macro Downtrend for August However, given that this Macro Trendline is a dynamic resistance, by virtue of the passing of time price has moved beyond the Downtrend More, price has Monthly Closed above the April/May 2026 candle-bodied highs, which are now perfectly confluent with the Macro Downtrend Bitcoin now has a chance to post-breakout retest both the Macro Downtrend and these April/May Monthly highs in an effort to turn them into new support bitcoin:native #Bitcoin”

“#BTC Here's something noteworthy about the Bitcoin February 2026 and June 2026 lows: Both bottomed at roughly the same price point (price green box) and at near identical levels of being Oversold on the RSI (RSI green box) Both times Bitcoin reversed to the upside towards ~$80,000 But when price rallied to the May 2026 highs... Bitcoin was drastically less Overbought on the RSI than it is on this current advance into ~$80,000 More, Bitcoin is forming a Price Lower High, which is important in the context of these major RSI Overbought differences The RSI Higher Highs together with the Price Lower Highs bring about a Hidden Bearish Divergence on the Daily timeframe at this major psychological resistance of ~$80,000 This Hidden Bear Div will persist, unless Bitcoin is able to break into a new Higher High on price bitcoin:native #Bitcoin”

“#BTC Bitcoin continues to try to maintain the highs above the 50-week EMA (purple) while any upside attempt is being immediately rejected Bitcoin needs to hold here a good while to demonstrate price-strength confirmation Once again, if this is a Bear Market Relief Rally (and you can always make this case for as long as price maintains Macro Lower Highs), price won't be able to keep these highs for too long $BTC #Bitcoin”

“#BTC Bitcoin is rejecting from the Macro Downtrend A Monthly Close below the blue resistance would not just solidify another Macro Lower High but would also build a confluent resistance in association with the Macro Downtrend $BTC #Bitcoin https://t.co/bws93zlkT9 https://t.co/qBMC4CNknc”