#BTCBreaksATH According to the Bitcoin chart, it can be said that it has already completed its bullish cycle.

There is a complete finish of the 5-wave structure with a terminal diagonal, where each subsequent wave is shorter than the previous one.

This indicates that the trend is slowly fading, and the bulls no longer have enough strength to push the price much higher.

Also, on the weekly timeframe, a triple giant bearish divergence has formed on the RSI indicator, which should clearly not be ignored.