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Rekt Capital
@rektcapital
Crypto Investor/Analyst Writes RC Newsletter: Follow for level-headed insights on Bitcoin and Altcoins
Joined October 2017
172 Following    563.2K Followers
#BTC# A little bit more of a rejection as a result of the resistance above (blue ~$86700) Once again, staying above and/or retesting the red region below (i.e. the Range High of the previous $60k-$80k Range) is what Bitcoin needs to do to still be positioned for bullish continuation After all, Bitcoin technically broke out from the $60k-$80k Range but hasn't fully confirmed that breakout until it has retested ~$80k (orange) into new support $BTC #Bitcoin#
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#BTC# Bitcoin is finding resistance at ~$86700 but nothing too convincing for the time being For bullish continuation and to avoid reverting back into the $60k-$80k Range, Bitcoin would need to stay above or at minimum successfully retest ~$82k on any future dip $BTC #Bitcoin#
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