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Published 7 Oct 2026, 12:51 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 7 Oct 2026, 12:33 UTC · context given to the AI
#BTC And this is precisely where Bitcoin rejected from In the absence of key lower timeframe confirmation, Bitcoin rejected from ~$86700 and failed to enter the blue-blue range Once again, Bitcoin is just consolidating between $82500 to ~$86700 ~$82500 needs to hold continually as support for bullish bias and to avoid mean reversion into the $60k-$80k Range $BTC #Bitcoin#BTC Interestingly, the two EMAs (purple 50-week EMA & green 21-week EMA) are converging and slowly building confluence in the mid- to high $70,000s Over time, this confluence will occur at higher prices given the dynamic nature of the EMAs More, a Golden Cross is set to occur over the next several weeks Historically, whenever a pullback has taken place into the two EMAs in early Bull Markets, the pullback bottom would not be too far off, especially whenever deviations below the EMAs would occur After all, successful retesting of the two EMAs in new Bull Markets has sustained bullish momentum for price $BTC #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 82651.43 / 83464.09 − 1 = -0.97%d × r = -0.97% against a neutral band of ±2.50% → neutralOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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