Rekt Capital
Rekt Capital|Nov 05, 2026 15:22
#BTC Bitcoin is bearish retesting an old support as new resistance for the third consecutive week Earlier this week we spoke about how Bitcoin had produced a marginal Weekly Close below ~$78300 to position for a bearish retest After all, over the past few weeks, Bitcoin has been upside wicking beyond these old supports but rejecting from them to confirm them as new resistance This is evidence of renewed sell-side pressure, stacking itself at lower and lower Weekly levels Let's see how Bitcoin performs its upcoming Weekly Close But ~$76800 is absolutely crucial support right now BTC #Bitcoin
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