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Published 18 Oct 2026, 14:54 UTC · fetched 19 Oct 2026, 13:37 UTC
Rekt Capital
@rektcapital
Quoting · 17 Oct 2026, 17:44 UTC · context given to the AI
#BTC Ever since rejecting from ~$83400 and confirming it as resistance... Bitcoin has been dwindling, consistently rejecting from the Lower High (red) That said, price is still holding the orange region as support For Bitcoin to breakdown from here, price would need to continue rejecting from the Lower Highs and Daily Close below the orange region to set up for a bearish retest of said area $BTC #Bitcoin#BTC Bitcoin keeps rejecting from the Lower High resistance (black trendline) In fact, today's Daily candle upside wicked beyond it, only to reject again More, Bitcoin keeps Daily Closing inside the orange support region and rejecting from the top of it The Weekly Close will take place in a few hours and so consistent rejecting from this Daily Lower High (black) would force price into a Weekly Close below $82500 Such a Weekly Close would position Bitcoin for a potential bearish retest of ~$82500 into new resistance And if that bearish retest occurs successfully then it could set price up for a drop below $80k within the next few weeks $BTC #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
pending Matures 2026-10-25T14:54:53.000Z
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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