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Bitcoin shows a bearish divergence on the current weekly chart, and Technical Analysis indicates a possible pullback to $64,000.
According to data platforms, analysis shows that Bitcoin’s weekly chart is showing a bearish divergence similar to 2021, which could trigger a dip of over 50% to $64,000. The technical pattern also indicates that breaking below key support could lead to a dip to $91,000. Although some analysts remain optimistic about a target of $150,000, it is necessary to break through the on-chain key indicators NUPL/MVRV1.0 to confirm a new round of rise.