#BigTechStablecoin
Is a rebound in the price of Bitcoin to 💸150,000💸 dollars possible by the end of the year?
A bearish divergence in the RSI, similar to that of 2021, suggests that Bitcoin could face a correction of more than 50% towards 64,000 dollars, challenging the target of 150,000 dollars by the end of the year.
💥Key points:
💥A bearish divergence in the style of 2021 on the weekly chart indicates a possible correction of more than 50% towards 64,000 dollars.
💥Peter Brandt warns that Bitcoin must soon regain its parabolic trend line or risk ending its bullish cycle before reaching the target of 150,000 dollars.
💥The rally of Bitcoin BTC 92,820 € to a record of 112,000 dollars generated renewed hopes of reaching a target of 150,000 dollars by the end of the year, but its rapid correction below 105,000 dollars is testing that bullish narrative.
