Rekt Capital|Aug 22, 2026 15:07
#BTC
Bitcoin continues into what is becoming an overextended rally, approaching major confluent resistance
The next few weeks will be crucial
For bull bias to be maintained, quite simply Bitcoin needs to keep its highs and build a Re-Accumulation Range
Which would be the opposite to what Bitcoin has done on previous fake-breakouts from price clusters (orange)
Over the next crucial weeks, Bitcoin will need to avoid giving back all these gains like on previous overextensions out from these price clusters
Bear Market Rallies haven't been able to persist at new local highs post-fake-breakout
Time will verify newfound strength or lack thereof
BTC #Bitcoin(Rekt Capital)
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