๐จ BITCOIN IS REPEATING A 2023 SETUP AND THE NEXT MOVE COULD BE HUGE!
Something interesting is happening on $BTC weekly chart.
Back in 2023, Bitcoin consolidated between the 50W and 100W moving averages before breaking out into a massive rally.
Now, in 2026, we're seeing a strikingly similar structure.
๐ข Support: $75,500 (50W MA) and $67,800 (200W MA).
๐ด Resistance: $82,000, followed by $87,400 (100W MA).
๐ RSI: Around 50, still holding above bearish territory.
โ ๏ธ Stoch RSI: Weakening, suggesting BTC could cool toward RSI 44 before attempting another push higher.
The rejection at $87.4K hasn't ended the bigger picture.
If history rhymes, this consolidation could be setting the stage for Bitcoin's next major expansion.
2023 gave us a preview. Could 2026 deliver the sequel? ๐๐ฅ
I'm watching the weekly moving averages closely.
Something interesting is happening on $BTC weekly chart.
Back in 2023, Bitcoin consolidated between the 50W and 100W moving averages before breaking out into a massive rally.
Now, in 2026, we're seeing a strikingly similar structure.
๐ข Support: $75,500 (50W MA) and $67,800 (200W MA).
๐ด Resistance: $82,000, followed by $87,400 (100W MA).
๐ RSI: Around 50, still holding above bearish territory.
โ ๏ธ Stoch RSI: Weakening, suggesting BTC could cool toward RSI 44 before attempting another push higher.
The rejection at $87.4K hasn't ended the bigger picture.
If history rhymes, this consolidation could be setting the stage for Bitcoin's next major expansion.
2023 gave us a preview. Could 2026 deliver the sequel? ๐๐ฅ
I'm watching the weekly moving averages closely.
