#BTC☀️ : The Top Might Be In – Here's Why
#Bitcoin just printed a textbook blow-off top pattern on the 4H chart.
Price hit $104,361, right at the upper Bollinger Band (105K), and has since stalled.
We’ve seen 3 consecutive 4H candles failing to break new highs – a clear sign of exhaustion.
MACD histogram is waning despite price holding near the top – bearish divergence brewing?
Volume peaked at the top and is now dropping fast – classic signal of distribution.
RSI is likely extended (though not shown here), and we’re hovering above +4% daily.
This smells like euphoria. Retail is getting in late, while smart money might be quietly stepping out.
If we lose $102,400 support, the next drop could be sharp — watch out for a retrace to $98.8K (Bollinger midband) or even lower.
Plan your exits or hedge wisely.$BTC