$REALKAICRYPTO
Fading QuicklySnapshot Window: 2026-08-03 13:10 UTC ยท โ Back to Crypto Overview
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Weekly close below the 200 sma suggests Bitcoin is going lower, and bottom is still most likely not in. Right shoulder of an inverted head and shoulder pattern is the bullish set up, perhaps down to 60k then reverse, but 60k has already been broken once. Macro bullish, medium
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AI visual note: A TradingView chart of Bitcoin (BTC/USD) showing price action with a descending trendline pattern and the 200 SMA (blue line) being tested near the $69K-$70K range, illustrating the bearish weekly close below the moving average discussed in the post.