🔍 Key Insights from Analyst Rekt Capital:

- Accumulation Phase Ending: The time to buy discounted BTC has passed. 🛑

- Reclaiming Range: Bitcoin is on the verge of confirming its weekly re-accumulation range. 📈

- Historical Patterns: BTC historically gains strength after reclaiming this range. 🏋️‍♂️

💥 Current Market Outlook:

- BTC Uptrend Resumes: Trading at $64,245, BTC is poised for sustained growth after bottoming out at $48,000. 🚀

- Potential Resistance: $71,500 could be a key level to watch. 🧐

- Critical August Close: A monthly close above $64,500 could mark the end of Bitcoin’s high timeframe downtrend. 📊

Stay tuned – the next move could be crucial for BTC’s future!

#CryptoMarketMoves #BTC☀ $BTC