Rekt Capital(@rektcapital):#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

Rekt Capital

@rektcapital

Crypto Investor/Analyst Writes RC Newsletter: Follow for level-headed insights on Bitcoin and Altcoins

Joined October 2017

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Rekt Capital@rektcapital

2026.08.06 13:14

#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#

Rekt Capital@rektcapital

2026.08.05 11:25

#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#