🚀 Bitcoin's $150K Year-End Target Faces Key Challenge
A bearish RSI divergence pattern has emerged in Bitcoin's price action, mirroring conditions seen before the 2021 market correction. This technical indicator suggests BTC could experience a significant pullback.
The current setup points to a potential 50%+ price drop, which would bring Bitcoin down to the $64,000 range. Such a move would make the $150K year-end price target considerably harder to achieve.
Market analysts note the similarity to previous cycles where RSI divergences preceded major corrections. However, Bitcoin has historically shown resilience after such pullbacks.
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