Rekt Capital Analyzes Bitcoin, Polkadot and Oasis Network After BTC Blasts Above $24,000

Bitcoin (BTC) continues to rise, revisiting old resistance levels, according to a widely-held cryptocurrency analyst.

Pseudonymous Crypto Trader Rekt Capital To tell Their 326,400 Twitter followers are king crypto holds the 200-Week Moving Average (MA) for 3 weeks.

BTC is holding the 200-week moving average as support for the third straight week

BTC has successfully retested the 200-week moving averages as support and is enjoying an upside continuation.

However, in doing so, BTC has revisited the same resistance price that was rejected a few weeks ago

Red is the resistance that defeats

BTC is at $24,309 at the time of writing, up more than 5% on the day.

Rectonext appear On interoperability blockchain protocol Polkadot (DOT), analysts say DOT needs to hold $9.27 to enter the re-accumulation phase.

“If the DOT could close weekly within this green-green range…

You can then enter a recharge match before rising further

Of course, the DOT needs to hold $9.27 as support to allow that reaccumulation.

DOT is currently at $9.47, well above Rekt Capital’s target and up 10% from yesterday.

Traders are also turning to Oasis Network (ROSE), a decentralized finance (DeFi) platform. say it The week needs to close near $0.12 for ROSE to continue flowering.

ROSE/USDT

Recovered over +40% so far, almost reaching blue resistance

At this stage, ROSE needs a weekly close above about $0.12 (blue) to see further gains.

ROSE is at $0.099 at the time of writing, down 5% over the past 24 hours.

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