Rekt Capital (@rektcapital)
@rektcapital
Crypto Investor/Analyst
Writes RC Newsletter:
Follow for level-headed insights on Bitcoin and Altcoins
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New edition of the RC Newsletter is out!
Bitcoin - Is Bitcoin Going For Another Lower High?
Seller exhaustion precede local bottoms and new relief rallies
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#BTC# $BTC #Bitcoin#
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#BTC#
At this moment, Bitcoin is rebounding from the 200-week SMA
In past cycles however, #Bitcoin# would deviate around -30% below the 200 SMA
There's still time for this $BTC downside deviation to take place, especially if this rebound forms yet another Macro Lower High soon
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I've published a new Altcoin Watchlist🔥
I share my charts & analysis on 6 Altcoins
These Altcoins are $XMR $LINK $XLM $VIRTUAL $WLD $VET
I share an Altcoin Watchlist like this every Wednesday
Sign up & read here:
$BTC #BTC# #Bitcoin#
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#BTC#
Bitcoin has now tagged the 200-week SMA for the first time in this Bear Cycle
Deviating below it has historically been the key to building out a Bear Market bottom formation
$BTC #Crypto# #Bitcoin#
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