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Published 6 Jul 2026, 17:50 UTC · fetched 20 Oct 2026, 05:28 UTC
Rekt Capital
@rektcapital
Quoting · 6 Jul 2026, 13:15 UTC · context given to the AI
#BTC Indeed, the 200-week SMA is acting as unreliable resistance as well, because Bitcoin has Weekly Closed above the SMA Technically, that now means that this dip is a retest attempt to try reclaim the SMA back into support Again, the SMA will likely act as unreliable support and resistance in the short-term But the macro perspective suggests price will try to get as close as possible to the 50-Month EMA (~$66k) this July So for Bitcoin to be able to do that, the 200-week SMA will need to somehow briefly act as support at some point to facilitate that additional relief rally into the general ~$66k area before breaking down from the 200 SMA in August, for example $BTC #Bitcoin#BTC Bitcoin is currently successfully retesting the 200-week SMA (orange) as support To reiterate the point from the previous post: The SMA could act as support in the short-term to enable limited upside relief this July before failing as support mid-term $BTC #Bitcoin https://t.co/o4A9x9splx https://t.co/AzqEvvnIhgView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
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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