Crypto expert Rekt Capital provides insights into potential price movements for Bitcoin, suggesting a possible breakout is on the horizon. Their analysis reveals that Bitcoin’s weekly chart shows key technical indicators that could influence future price action. The analyst notes a consolidation phase similar to 2021, hinting at bullish trends. Specifically, Bitcoin is currently fluctuating between two converging exponential moving averages on its weekly chart. As the 21-week moving average transitions into a crucial support zone, it could trigger upward momentum if price surpasses this level. Rekt Capital explains that Bitcoin’s recent rejection of resistance at the 21-week moving average suggests a potential resurgence in prices.