Rekt Capital
Rekt Capital|Aug 29, 2026 15:55
#BTC Here's something noteworthy about the Bitcoin February 2026 and June 2026 lows: Both bottomed at roughly the same price point (price green box) and at near identical levels of being Oversold on the RSI (RSI green box) Both times Bitcoin reversed to the upside towards ~$80,000 But when price rallied to the May 2026 highs... Bitcoin was drastically less Overbought on the RSI than it is on this current advance into ~$80,000 More, Bitcoin is forming a Price Lower High, which is important in the context of these major RSI Overbought differences The RSI Higher Highs together with the Price Lower Highs bring about a Hidden Bearish Divergence on the Daily timeframe at this major psychological resistance of ~$80,000 This Hidden Bear Div will persist, unless Bitcoin is able to break into a new Higher High on price bitcoin:native #Bitcoin(Rekt Capital)
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