Rekt Capital|8月 21, 2026 15:44
#BTC
Back in May 2026, Bitcoin indeed rejected from $82.5k, falling short of the green 21-Month EMA resistance
As anticipated, Bitcoin rejected from here, broke down from the purple 50-Month EMA and enter Bearish Acceleration over time (see post below)
And now months later, Bitcoin is back at these very same levels, once again
Break the Downtrend and Bitcoin will confirm entry into a new technical Macro Uptrend
Reject from here however and price will maintain its series of Lower Highs
History suggests there's still time for price to continue its Downtrend
Even though understandably it's tempting to throw long-standing Bitcoin price principles out the window, especially after such an impressive move like this
But as long as price continues to print Lower Highs, then this move could be rendered as a Relief Rally
Overall, the Macro Downtrend is the line in the sand
BTC #Crypto #Bitcoin(Rekt Capital)
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