As per Bijié Wǎng, Bitcoin (BTC) is currently under short-term downward pressure, and according to technical analyst Rekt Capital, BTC must hold a key level to maintain its long-term bullish momentum. On November 14, 2025, Bitcoin fell below the $95,000 level, triggering over $1.3 billion in liquidations within a single day. Rekt Capital noted that Bitcoin has been in a downtrend for the past six weeks after failing to break above $126,000 in October 2025. The price recently dropped near the 50-week exponential moving average (EMA) but rebounded due to strong buying pressure. Historical patterns show that BTC has previously risen significantly after forming lower lows near the 50-week EMA. Currently trading at $94,830, Bitcoin closed the week down 5.1%. Rekt Capital emphasized that a weekly close above the 50-week EMA at $101,285 is crucial to preserve the bullish market structure.
Rekt Capital: Bitcoin Needs to Hold Key Level to Maintain Bullish Structure
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