Analysis: Bitcoin weekly chart shows RSI bearish divergence similar to the 2021 cycle top, or a correction of more than 50%

Odaily News Technical analysis shows that Bitcoin's weekly chart shows a bearish RSI divergence similar to the top of the 2021 cycle, and a correction of more than 50% may occur, falling to $64,000. Trader Peter Brandt warned that Bitcoin must regain its parabolic trendline as soon as possible, otherwise its bull cycle may end before reaching the target price of $150,000. (Cointelegraph)