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Published 2 Nov 2026, 17:55 UTC · fetched 2 Nov 2026, 18:34 UTC
Rekt Capital
@rektcapital
Quoting · 30 Oct 2026, 22:25 UTC · context given to the AI
#BTC As it stands, Bitcoin is positioned for yet another bearish Weekly Close Bitcoin would need to Weekly Close above ~$78300 to stave off additional downside, at least momentarily But even then, any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support at ~$76800 Bulls have a lot of work to do to turn things around and at the moment the bears are in full control Let's see how the Weekly Candle Closes as that will offer more confirmation regarding the health of ~$76800 and ~$78250 as levels of historical reaction $BTC #Bitcoin#BTC Let's see how Bitcoin reacts from ~$76800 After all - "any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support" If Bitcoin produces a weak bounce but rejects from ~$78300 then that's a weakening support at ~$76800 If Bitcoin actually just breaks down from $76800 or sets us for another bearish retest of this level, then of course that would be a more obvious sign of weakness at local support $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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