Rekt Capital
@rektcapital
Crypto Investor/Analyst
Writes RC Newsletter:
Follow for level-headed insights on Bitcoin and Altcoins
170 Following 562.1K Followers
I've published a new Altcoin Watchlist🔥
I share my charts & analysis on 6 Altcoins
These Altcoins are $ETH $ENA $HYPE $LINK $SUI $ZEC
I share an Altcoin Watchlist like this every Wednesday
Sign up & read here:
#BTC# $BTC #Bitcoin#
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#BTC#
Bitcoin continues to try to press into the July highs and the 50-Month EMA
This is exactly what Bitcoin did in August 2022
Until Bitcoin clearly reclaims the 50 EMA as support, BTC is technically positioned to repeat 2022 history
$BTC #Crypto# #Bitcoin#
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Most traders can read a chart
Far fewer have a process for what to do once they've read it
That gap is where the losses tend to live
The Crypto Swing Trading Course is built to close it, across all nine stages of a trade
#BTC# $BTC #Bitcoin#
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I've published a new Altcoin Newsletter 🔥
I share my charts & analysis on 6 Altcoins
These Altcoins are $ADA $AERO $CTSI $DEGEN $UNI $XLM
I share an Altcoin Newsletter like this every Friday
Sign up & read here:
#BTC# $BTC #Bitcoin#
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Only 48 hours left for Pre-Order pricing for the new Crypto Swing Trading Course
Once the window closes on Sunday midnight - price goes up from $297 to $397
Pre-Order the course at the early-bird price and save 25%
#BTC# $BTC #Bitcoin#
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#BTC#
When I posted this, people were getting more excited
But price was a few weeks away from its Local Top before dropping to ~$58k in the months that followed
Once again, people are getting a bit more excited about Bitcoin on this current move
$BTC #Crypto# #Bitcoin#
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#BTC#
For Bitcoin to build renewed and sustained macro bullish momentum it would need to reclaim not just $82500 but also break its multi-month series of Lower Highs (Macro Downtrend)
History suggests neither of these technical milestones will happen and that the Bear Market still has ~6 months to go
$BTC #Crypto# #Bitcoin#
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#BTC#
Bitcoin has only produced a +2.5% bounce from the orange Weekly level
This is still in keeping with a "progressively weakening support" thesis
Bitcoin would need to break the Lower Highs (both candle-bodied and upside wicking trendlines) for invalidation
$BTC #Crypto# #Bitcoin#
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The Crypto Swing Trading Course is open for Pre-Orders
Almost 10 years spent analysing crypto markets distilled into nine lessons covering the full trade lifecycle
$297 during the pre-order window, then $397
Pre-Order Now:
$BTC #BTC# #Bitcoin#
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I've published a new Altcoin Watchlist🔥
I share my charts & analysis on 6 Altcoins
These Altcoins are $ETH $ENA $HYPE $LINK $SUI $ZEC
I share an Altcoin Watchlist like this every Wednesday
Sign up & read here:
#BTC# $BTC #Bitcoin#
Show more
Most traders can read a chart
Far fewer have a process for what to do once they've read it
That gap is where the losses tend to live
The Crypto Swing Trading Course is built to close it, across all nine stages of a trade
#BTC# $BTC #Bitcoin#
Show more
#BTC#
Not too strong of a reaction at the moment
As long as the orange support here produces weaker rallies, price will keep forming Lower Highs to produce an eventual breakdown deeper into the $58000-$66000 Range (blue-blue)
$BTC #Crypto# #Bitcoin#
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New edition of the RC Newsletter is out!
Bitcoin - Red August Coming Soon?
Weekly structure, quarterly pressure, and what comes next
Read here:
$BTC #BTC# #Bitcoin#
Where Is Bitcoin In the Cycle? EMA Crossover Analysis
If you enjoyed this 1-minute summary on #BTC#
Checkout the full video here:
Enjoy and Subscribe!
$BTC #Crypto# #Bitcoin#
#BTC#
Bitcoin continues to resist from the 50-Month EMA (purple)
This August, Bitcoin will try to press beyond the EMA
But history suggests price will likely fail and rollover into Red August
$BTC #Crypto# #Bitcoin#
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#BTC#
It's not quite Red August, is it?
But what the data hides is that the second half of August in Bear Markets tends to be more bearish
Whereas Bitcoin tends to try to make new highs in the first half of August only to fail and rollover
$BTC #Crypto# #Bitcoin#
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#BTC#
Bitcoin tends to often enjoy a Green July
But then comes Red August
Bitcoin was only ever able to produce meaningful upside in August during Bull Market Peak years of 2013, 2017, 2021
In the Bull Market peak year of 2025, Bitcoin actually produced -6% downside
Whereas in Bear Market years, August would produce -17% downside in 2014, -9% in 2018 and -13% in 2022
$BTC #Bitcoin#
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