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Published 8 May 2026, 15:28 UTC · fetched 20 Oct 2026, 05:28 UTC
Rekt Capital
@rektcapital
Quoting · 4 May 2026, 13:01 UTC · context given to the AI
#BTC In Bull Markets, the 21-week EMA (green) and 50-week EMA (purple) act as supports to create an overall demand area And in Bear Markets, the same EMAs act as resistance to develop a supply area Hence, the red area is outlined by both EMAs right now With Bitcoin Weekly Closing above the 21-week EMA (green), this now means price is trying to enter a general supply area And Bitcoin would need to Weekly Close above the 50-week EMA (purple) to clear it entirely At the moment, Bitcoin is trying to prepare to only begin its journey across this supply area And continued stability at the 21-week EMA is an essential requirement to traverse this supply area $BTC #Crypto #Bitcoin#BTC Bitcoin has managed to successfully retest the 21-week EMA (green) at least momentarily, enabling this recent move up But that move through this resistance area hasn't been very sustainable thus far, which opens up the possibility for yet another retest of the 21-week EMA going forward Bitcoin needs to successfully retest the 21 EMA once again to avoid completely rejecting from this general resistance area (red) and dropping into the mid-$70,000s $BTC #Crypto #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 80523.96 / 80126.19 − 1 = +0.50%d × r = -0.50% (neutral only if the price is unchanged) → 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
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