Rekt Capital|Aug 09, 2026 17:22
#BTC
As the Weekly Close approaches, Bitcoin is trying to press even more against the Lower High resistance (black)
Generally, Bitcoin would need to Weekly Close above the blue level and successfully retest it as support to rally higher from here
Because such a Weekly Close would invalidate the multi-week Lower High dating to early June
That said, at this moment, at a snapshot, Bitcoin is still at Lower Highs (black) and still beneath the Summer Range Resistance (blue)
Once again, history suggests Bitcoin will produce limited upside from here and rollover in the second half of August
BTC #Bitcoin(Rekt Capital)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink