According to ChainCatcher, with a report from Cointelegraph, analysis shows that Bitcoin's weekly chart exhibits a bearish divergence similar to 2021, which may trigger a pullback of over 50% to $64,000. Technical patterns also suggest that breaking through key support could lead to a drop to $91,000.
Although some analysts remain optimistic about the $150,000 target, breaking through on-chain key indicators NUPL/MVRV 1.0 is necessary to confirm a new round of growth.