PANews, June 7 - According to Cointelegraph, technical analysis shows that the Bitcoin weekly chart has formed a bearish divergence in RSI similar to the peak of the 2021 cycle, which could lead to a correction of over 50%, dropping towards $64,000. Trader Peter Brandt warned that Bitcoin must quickly reclaim its parabolic trend line, or its bull market cycle may end before reaching the target price of $150,000.
