CoinVoice has learned that, according to Cointelegraph, analysis shows that the weekly Bitcoin chart is exhibiting a bearish divergence similar to that of 2021, which could trigger a pullback of over 50% to $64,000. Technical patterns also indicate that a break below key support could lead to a drop to $91,000.

Although some analysts remain optimistic about the $150,000 target, confirmation of a new upward trend requires breaking through the on-chain key indicators NUPL/MVRV 1.0. [Original link]