RektCap
BITCOIN Technical Analysis
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$BTC
#BTC Bull Market Progress:
▓▓▓▓▓▓▓░░░ 72.0%
(Progress will speed up in the Parabolic Phase)
$BTC #Crypto #Bitcoin
▓▓▓▓▓▓▓░░░ 72.0%
(Progress will speed up in the Parabolic Phase)
$BTC #Crypto #Bitcoin
$BTC
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2025 will likely see the #BTC Bull Market peak & the beginnings of a brand new Bear Market (Candle 1)
The majority of the Bear Market will take place however in 2026 (Candle 2)
The Bear Market would last some 365+ days and be between -65% to -80% deep
$BTC #Crypto #bitcoin
2025 will likely see the #BTC Bull Market peak & the beginnings of a brand new Bear Market (Candle 1)
The majority of the Bear Market will take place however in 2026 (Candle 2)
The Bear Market would last some 365+ days and be between -65% to -80% deep
$BTC #Crypto #bitcoin
#BTC
Bitcoin dropped into the Range Low of $91000 (blue) and even briefly rebounded from there
But price is once again back at the Range Low and even downside deviating below it for the time being
A Daily Close below $91k followed by a turning of it into new resistance would send price into the $87k-$91k range
However, this confirmation is not in and Bitcoin still has the entire day to preserve $91k as support by Daily Closing above it
Bitcoin remains in the $91k-$101k range until confirmation proves otherwise
$BTC #Crypto #Bitcoin
Bitcoin dropped into the Range Low of $91000 (blue) and even briefly rebounded from there
But price is once again back at the Range Low and even downside deviating below it for the time being
A Daily Close below $91k followed by a turning of it into new resistance would send price into the $87k-$91k range
However, this confirmation is not in and Bitcoin still has the entire day to preserve $91k as support by Daily Closing above it
Bitcoin remains in the $91k-$101k range until confirmation proves otherwise
$BTC #Crypto #Bitcoin
follow for more $BTC
#BTC
Bitcoin is in its first Price Discovery Correction
Here is a look at historical first Price Discovery Corrections:
2013: -75% in 13 weeks
2017: -34% in 3 weeks
2021: -31% in 4 weeks
2025: -15% in 4 weeks thus far
Of course, 2013 is the clear outlier
Perhaps 2017 & 2021 are better references as a result
Depth-wise, this current -15% Price Discovery Correction has been much shallower by standards of history
Duration-wise however, history suggests this current 4-week retrace may be in its final stages
$BTC #Crypto #Bitcoin
Bitcoin is in its first Price Discovery Correction
Here is a look at historical first Price Discovery Corrections:
2013: -75% in 13 weeks
2017: -34% in 3 weeks
2021: -31% in 4 weeks
2025: -15% in 4 weeks thus far
Of course, 2013 is the clear outlier
Perhaps 2017 & 2021 are better references as a result
Depth-wise, this current -15% Price Discovery Correction has been much shallower by standards of history
Duration-wise however, history suggests this current 4-week retrace may be in its final stages
$BTC #Crypto #Bitcoin
$BTC follow for more
#BTC Bull Market Progress:
▓▓▓▓▓▓▓░░░ 72.0%
(Progress will speed up in the Parabolic Phase)
$BTC #Crypto #Bitcoin
▓▓▓▓▓▓▓░░░ 72.0%
(Progress will speed up in the Parabolic Phase)
$BTC #Crypto #Bitcoin
#BTC Bull Market Progress:
▓▓▓▓▓▓▓░░░ 72.0%
(Progress will speed up in the Parabolic Phase)
$BTC #Crypto #Bitcoin
▓▓▓▓▓▓▓░░░ 72.0%
(Progress will speed up in the Parabolic Phase)
$BTC #Crypto #Bitcoin
#BTC
Bitcoin is in its first Price Discovery Correction
Here is a look at historical first Price Discovery Corrections:
2013: -75% in 13 weeks
2017: -34% in 3 weeks
2021: -31% in 4 weeks
2025: -15% in 4 weeks thus far
Of course, 2013 is the clear outlier
Perhaps 2017 & 2021 are better references as a result
Depth-wise, this current -15% Price Discovery Correction has been much shallower by standards of history
Duration-wise however, history suggests this current 4-week retrace may be in its final stages
$BTC #Crypto #Bitcoin
Bitcoin is in its first Price Discovery Correction
Here is a look at historical first Price Discovery Corrections:
2013: -75% in 13 weeks
2017: -34% in 3 weeks
2021: -31% in 4 weeks
2025: -15% in 4 weeks thus far
Of course, 2013 is the clear outlier
Perhaps 2017 & 2021 are better references as a result
Depth-wise, this current -15% Price Discovery Correction has been much shallower by standards of history
Duration-wise however, history suggests this current 4-week retrace may be in its final stages
$BTC #Crypto #Bitcoin