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Published 5 Nov 2026, 13:00 UTC · fetched 5 Nov 2026, 13:30 UTC
Rekt Capital
@rektcapital
Quoting · 4 Nov 2026, 16:22 UTC · context given to the AI
#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 #Bitcoin#BTC Bitcoin continues to reject from ~$80400 Weekly resistance (orange) If Bitcoin cannot break the general $80400-$82200 resistance area over the next few weeks then Bitcoin could actually fully develop a Right Shoulder to its overall Head and Shoulders structure here A breakdown from ~$76800 would validate the formation And so if lesser rebounds from ~$76800 keep occurring then that would be a sign that ~$76800 is indeed weakening as support and could lapse in the future $BTC #BitcoinView original on X ↗
Deterministic: the same prices and policy always give the same result
pending Matures 2026-12-05T13:00:31.000Z
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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