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Published 23 Aug 2026, 10:33 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 21 Aug 2026, 12:41 UTC · context given to the AI
#BTC Bitcoin continues its phenomenal run and rallies right into the 50-week EMA (purple) Again, both of these need to be turned into new supports to confirm a durable shift in the tide These EMAs act as supports in Bull Markets and resistances in Bear Markets At the moment, the 50-week EMA (purple) is acting as resistance whereas the 21-week EMA (green) has not been technically reclaimed and confirmed as new support $BTC #Bitcoin#BTC Bitcoin is on the cusp of performing a Weekly Close below the 50-week EMA (purple) This is a key EMA that Bitcoin will need to reclaim as support for additional bullish momentum beyond these highs In Bear Markets, this EMA figures as a resistance however And so confirmation of Bitcoin still being in a Bear Market would be a rejection from here and a failed retest of the 21-week EMA as support (green) $BTC #BitcoinView 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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