Rekt Capital
Rekt Capital|5月 01, 2026 15:17
#BTC Bitcoin had marginally Weekly Closed above the 21-week EMA (green), technically positioning price for a reclaim of this EMA into support But because there was little room for the retest to be a clean one, it makes sense that price violently downside wicked below the EMA to perform a volatile retest of it As part of the volatile retest, BTC was able to wick quite close to the Double Bottom formation top at ~$73k (blue) Let's see how the Weekly Candle Closes because at a snapshot right now, a Weekly Close just like this would mean the retest of the 21-week EMA (green) was successful Weekly Close below the EMA however and price could dip into the low ~$70ks once again BTC #Crypto #Bitcoin(Rekt Capital)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads