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Published 4 Nov 2026, 16:22 UTC · fetched 4 Nov 2026, 17:20 UTC
Rekt Capital
@rektcapital
Quoting · 2 Nov 2026, 17:55 UTC · context given to the AI
#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 #Bitcoin#BTC Great to see such a reaction from ~$76800 from Bitcoin However let's not forget what we're looking for, which is whether ~$76800 is weakening as support "Any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support" In mid-September, Bitcoin rallied +13% to the upside from ~$76800 Bitcoin bounced +5.5% today If Bitcoin can't break $80400 (orange) and especially $82300 (blue) then price will have produced a lesser rally Which would cast in doubt on the strength of the ~$76800 level as a demand level Macro-wise, pullbacks are for scaling in But for the next 2-3 months, there's still potential scope for lingering weakness which could provide opportunities for the long-term The solution to marrying both approaches is dollar-cost-averaging $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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