Rekt Capital|Aug 13, 2026 16:19
#BTC
Bitcoin would enjoy aggressive buy-back at the 200-week SMA in July but that aggression is no longer evident this month
Which ties in with what I mentioned 1.5 months ago:
"The SMA could act as support in the short-term to enable limited upside relief this July before failing as support mid-term"
Bitcoin indeed enjoyed support in the short-term from 200-week SMA in July but it appears that support is faltering this August
BTC #Bitcoin(Rekt Capital)
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