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Published 29 Jul 2026, 11:00 UTC · fetched 3 Nov 2026, 10:58 UTC
Merlijn The Trader
@MerlijnTrader
YES, THIS BITCOIN RALLY LOOKS WEAK. APRIL LOOKED THE SAME. April: price reclaimed the 50 EMA, retested it, then ran to $82K before the 200 EMA rejected it. July: same reclaim, and price is on the retest right now at $63,696. The difference is what's overhead. The 200 EMA sits at $72K and is still sloping down. Lose the 50 EMA on a daily close and the setup's dead. Same first step. The second one is where it gets decided.View 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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