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Published 17 Aug 2026, 11:07 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 5 Jul 2026, 15:13 UTC · context given to the AI
#BTC Bitcoin has deviated below the 200-week SMA, proving how unreliable a support this SMA can be In saying that, it's important to also mention that the 200-week SMA can also act as an unreliable resistance in the early phases of such a macro deviation Bitcoin is therefore likely to continue experiencing relief throughout July and so a brief reclaim of the 200-week SMA wouldn't be out of the ordinary to enable that limited relief-focused upside After that and over time however, Bitcoin would once again breakdown from the 200-week SMA to perform a deeper macro deviation below it to search of the final Bear Market bottom $BTC #Bitcoin#BTC With "limited relief-focused upside" in July having concluded and Bitcoin being in multi-week Lower Highs ever since... Turning the 200-week SMA into new resistance would be the confirmation to set up additional downside to perform a deeper downside deviation below the SMA in search of the final Bear Market bottoming out formation $BTC #BitcoinView 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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