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Published 1 Jun 2026, 16:24 UTC · fetched 20 Oct 2026, 05:28 UTC
Rekt Capital
@rektcapital
Quoting · 1 Jun 2026, 11:53 UTC · context given to the AI
#BTC Bitcoin has Weekly Closed above the top of the Double Bottom formation ($73k, blue) What this means is that the retest has initially been successful, even though price is slinking below $73k at this very moment But for as long as price continues to retest the $73k level throughout this week, Bitcoin could trend continue from here Turning $73k into resistance would be a sign of weakness as that would fail the Double Bottom post-breakout retest confirmation $BTC #Crypto #Bitcoin$BTC Bitcoin is deviating below the $73k top of Double Bottom as we speak (Chart 1) Weekly Close above $73k and price will have another chance at rallying (likely just to form another Lower High though) But for as long as 2024 old All Time Highs continue to figure as resistance (Chart 2) then there's little chance this Weekly Double Bottom retest will be successful over the long run #BTC #Crypto #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 63488.71 / 71445.07 − 1 = -11.14%d × r = +11.14% against a neutral band of ±2.50% → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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