Rekt Capital|May 08, 2026 15:29
#BTC
Bitcoin has managed to successfully retest the 21-week EMA (green) at least momentarily, enabling this recent move up
But that move through this resistance area hasn't been very sustainable thus far, which opens up the possibility for yet another retest of the 21-week EMA going forward
Bitcoin needs to successfully retest the 21 EMA once again to avoid completely rejecting from this general resistance area (red) and dropping into the mid-$70,000s
BTC #Crypto #Bitcoin(Rekt Capital)
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