Rekt Capital|Aug 21, 2026 12:42
#BTC
Bitcoin continues its phenomenal run and rallies right into the 50-week EMA (purple)
Again, both of these need to be turned into new supports to confirm a durable shift in the tide
These EMAs act as supports in Bull Markets and resistances in Bear Markets
At the moment, the 50-week EMA (purple) is acting as resistance whereas the 21-week EMA (green) has not been technically reclaimed and confirmed as new support
BTC #Bitcoin(Rekt Capital)
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