#BTC Bitcoin

On the weekly timeframe, a clear bearish divergence is forming in the Relative Strength Index. This development typically leads to a halt in the upward momentum and the start of a corrective movement.

The nearest correction target is the 92-94 thousand range, where a buying zone was previously observed.

Let me remind you that in November 2022, the market recorded a local bottom at 16 thousand, providing an excellent entry point for long-term investment. Under the current circumstances, it makes sense to consider potential short positions, as the price approaches strong resistance areas and may begin to re-test key levels below the levels.