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Rekt Capital
@rektcapital
Crypto Investor/Analyst Writes RC Newsletter: Follow for level-headed insights on Bitcoin and Altcoins
가입 October 2017
171 팔로잉 중    562.5K 팬
#BTC# Bitcoin has produced a marginal Weekly Close below ~$78300 (blue) and is positioned for a bearish retest In fact, price is already finding resistance at this level This recent Weekly Close, though subtle, resembles the same technical predicament as this past May (red circle) That is, in both instances Bitcoin lost ~$78300 as support and turned it into new resistance $BTC #Bitcoin#
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#BTC# Bitcoin is mere hours away from the upcoming new Weekly Close and price is still below the Weekly level of ~$78200 A Weekly Close below ~$78200 could position Bitcoin for yet another bearish retest, akin to May 2026 (red circle) $BTC #Bitcoin#
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