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Analysis: Bitcoin weekly chart shows a bearish divergence in RSI similar to the top of the 2021 cycle, or a pullback of over 50%

PANews
PANews|6月 07, 2025 14:55
According to Cointelegraph, technical analysis shows that the Bitcoin weekly chart shows a bearish divergence in RSI similar to the top of the 2021 cycle, with the possibility of a pullback of over 50% towards $64000. Trader Peter Brandt warns that Bitcoin must quickly recover from its parabolic trend line, otherwise its bull market cycle may end before reaching its target price of $150000.
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Timeline

7月 07, 14:31【Bitcoin bulls must defend key price level of $105000】
7月 07, 12:15【BTC breaks through the resistance level of $110000, triggering buying interest】
7月 07, 10:07【The current price of BTC is $108900, and the market lacks momentum】
7月 07, 09:21【Net inflow of funds into digital asset investment products for the 12th consecutive week】
7月 07, 09:08【Last week, the net inflow of digital asset investment products was 1.04 billion US dollars】
7月 07, 08:51【Macro information influences the cryptocurrency market trend】
7月 07, 08:33【Analysis of Bitcoin Monthly Channel Changes and Resistance Levels】
7月 07, 08:32【Bitcoin exceeds 110K, but no one cares】
7月 07, 08:18【Six Hong Kong virtual asset ETFs achieved a turnover of HKD 10.9578 million today】
7月 07, 07:00【Bitcoin Q3 2025 Price Forecast】

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