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Published 8 Oct 2026, 11:00 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 7 Oct 2026, 12:51 UTC · context given to the AI
#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 #Bitcoin#BTC The Bitcoin EMA Crossover of the purple 50-week and green 21-week EMAs is getting closer and is likely due to occur over the next several weeks But even after such Crossovers, Bitcoin would still have the capacity for a early-stage Bull Market pullback In fact, in 2023 Bitcoin deviated below the two EMAs to form a pullback bottom (blue box) after the Crossover occurred (orange circle) If history repeats, Bitcoin could deviate below the two EMAs once again in search of a pullback bottom $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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