There’s something eerily familiar forming on $BTC ’s weekly chart.

The current structure closely resembles the top formation from the 2021 bull cycle

• A major Swing High has formed

• RSI is showing clear bearish divergence

• Price is approaching the rising trendline

• Structurally, it’s echoing the pre-breakdown phase of 2021

From a price action lens,

▫️We're seeing a prolonged distribution phase near the highs.

▫️Liquidity was swept just above key resistance before momentum started fading.

▫️Price is now pulling back toward the trendline

a potential setup for a breakdown.

▫️If this plays out like 2021, a clean trendline break followed by a bearish retest could trigger a full structure shift.

Nothing has broken yet but the signals are aligning.

RSI weakness and repeated rejection near the highs suggest seller strength is building.

History doesn’t repeat itself exactly…

But sometimes, it rhymes loud and clear.

⚠️ Warning: This post does not constitute investment advice. It is prepared for informational purposes only. As always, it is important to do your own research and assess your risks accordingly. My charts are for educational purposes.

#BTC #Fractal