[Analysis] “Bitcoin breaks below the lower bound of a macro triangle… downside could accelerate if it fails to reclaim $82,500”

Source
Suehyeon Lee

Summary

  • It said that Bitcoin (BTC) has broken below the lower bound of a long-term macro triangle on a monthly basis, increasing the likelihood of further declines.
  • It warned, based on past patterns, that the $82,500 area is likely to act as a new resistance rather than support.
  • Rekt Capital added that whether $82,500 is reclaimed is a key inflection point for the next direction, and that failure to recover it could lead to a bearish acceleration phase.

Forecast Trend Report by Period

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Photo=Rekt Capital
Photo=Rekt Capital

An analysis suggests that the risk of further declines is rising as Bitcoin (BTC) has broken below the lower bound of a long-term Macro Triangle on a monthly-candle basis.

On the 1st (local time), crypto analyst Rekt Capital wrote on X, “Looking at what typically follows when Bitcoin posts a monthly close below the Macro Triangle’s lower boundary, past cases show it wasn’t even easy to reclaim that area.”

Citing historical patterns, he said that even if price retests around $82,500—previously the triangle’s lower boundary—it is likely to act as a new resistance rather than support this time. He warned that the longer Bitcoin remains below this level, the greater the risk that the downtrend accelerates.

Rekt Capital added that “whether $82,500 is reclaimed is the key inflection point that will determine the next direction,” noting that if the level is not recovered for an extended period, it is difficult to rule out a shift into a bearish acceleration phase (Bearish Acceleration).

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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