š Bitcoin is sending mixed signals. Even after a strong May, traders now see signs that the price could drop.
š Quick Facts
ā
Bitcoin rose 11% in MayšØ But now showing bearish divergenceš Traders watching if price holds $105,000ā ļø Two danger zones: $97,000 and $90,000š Weekly close is very important
š§ What Is Bearish Divergence?
Bearish divergence happens when:
Price goes up, butRSI (Relative Strength Index) goes down
š This means the momentum is getting weaker ā even if the price looks strong.
š It could be a sign that the price may fall soon.
šÆ What Traders Are Saying
š£ļø Matthew Hyland:
Says the weekly close is criticalWarns of bearish divergence on the weekly RSI
š£ļø Titan of Crypto:
Sees gaps in price levels, called Fair Value Gaps (FVGs)Says price could fall to $97,000 or even $90,000
š£ļø CrypNuevo:
Still bullish overallThinks $100,000 is a key level where price may bounceBelieves $84,000 is strong long-term support
š Key Price Levels to Watch
š§ Final Thought
Even though Bitcoin had a good May, it now faces warning signs.
Traders are watching to see if the weekly close stays strong or drops further.
š If youāre trading or investing, remember:
Markets are risky. Always do your own research.
$BTC $ETH $BNB #BitcoinUpdate #BTCPriceAlert #CryptoWarning #BearishDivergence #BitcoinLevels