🚨 $BTC Price Discovery Incoming? 🚀
Bitcoin has bounced back above $107K and is flirting with $108K resistance — again. 🤝 Will this finally flip into support?
📊 According to crypto analyst @RektCapital, BTC is in a rare "transitional period" — a pause before the potential next major uptrend.
🔍 Here’s the roadmap:
• $104.4K = the key weekly level to reclaim
• Current consolidation = different from past cycles
• Next breakout? Might take a little longer... but could be massive
• Eyes on a possible third Price Discovery Uptrend before 2025 closes
🧠 Rekt’s take: “This cycle is about re-accumulation and evolution. The final breakout could push the cycle peak deeper into 2025.”
📉 Beware: A quick 25–33% correction might come first.
Is BTC just catching its breath before the next moon mission? Or is this the calm before the correction?