Rekt Capital|Nov 05, 2026 20:32
#BTC
"Any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support"
Bitcoin has cancelled out all of the upside it had generated this week
That's an indictment on how ~$76800 has weakened as a support
Now, Bitcoin is hanging by a thread and is now on the cusp of a breakdown from $76800
As February and May 2026 price action shows, generally Weekly Closes below ~$78300 have lead to acceleratory downside continuation
Price is currently at $75900 and thus far away from safety
BTC #Bitcoin
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