🚨 Bitcoin Top Might Be In — Expecting Selling Pressure Ahead
We could be looking at a potential top forming on Bitcoin. Price action is showing signs of exhaustion after the recent push higher — momentum is fading, and buyers are starting to look hesitant at these levels.
If we can’t sustain above the recent highs, I’m expecting a corrective phase or at least some meaningful selling pressure in the short term.
Key things I’m watching:
Weakening RSI / momentum divergence
Volume tapering off on each push
Sellers stepping in around resistance zones
Not calling for a full reversal yet, but risk/reward looks skewed to the downside here. Manage your positions and stay sharp — things can shift fast.
🟠 Possible top in — watching for confirmation of a trend shift
We could be looking at a potential top forming on Bitcoin. Price action is showing signs of exhaustion after the recent push higher — momentum is fading, and buyers are starting to look hesitant at these levels.
If we can’t sustain above the recent highs, I’m expecting a corrective phase or at least some meaningful selling pressure in the short term.
Key things I’m watching:
Weakening RSI / momentum divergence
Volume tapering off on each push
Sellers stepping in around resistance zones
Not calling for a full reversal yet, but risk/reward looks skewed to the downside here. Manage your positions and stay sharp — things can shift fast.
🟠 Possible top in — watching for confirmation of a trend shift
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.