Crypto analyst Rekt Capital says Bitcoin has successfully retested a macro downtrend line as support, aligning with highs from April-May 2026. A monthly close below ~$76,187 could weaken breakout potential and flip the trend bearish.
BlockBeats reported on September 4 that well-known crypto analyst Rekt Capital said Bitcoin has pulled off a successful retest of a macro downtrend line as support. That line matches the highs from April-May 2026, and where price sits now points to an early, valid retest.
Rekt Capital added that if BTC wants to stay out of bearish territory, it has to avoid a monthly close below the downtrend line, around $76,187. If not, it may print an upper wick. And that would weaken the breakout setup.
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