Sasha why NOT

📢 My Take: Why #Bitcoin Hasn't Peaked Yet This Cycle

Hey crypto fam! 👋 I want to share my perspective on BTC's current situation, especially after its recent surge to $86K.

🔍 Why I Believe This Isn't the Top Yet:

1️⃣ Technical Analysis:

The weekly RSI mirrors the July 2021 pattern that preceded $BTC ATH breakout.

No bearish divergence (unlike the 2021 peak), suggesting room for further growth.

2️⃣ Fundamental Factors:

Potential Fed easing vs. 2021 tightening—a completely different macro backdrop.

Institutional demand via ETFs continues to rise.

3️⃣ Historical Comparison:

In 2021, consolidation lasted ~60 days before the breakout. We're only ~40 days in now—more sideways action could follow.

⚠️ Key Considerations:

A pullback to $70K isn't off the table before the next leg up.

Trading volume is down (-27.67% daily)—a new catalyst may be needed for momentum.

💭 My Prediction:

If BTC holds key support levels, we could see a $ 100K test in coming months. But expect volatility—the path won't be smooth!

What do you think? Taking profits or holding for new highs?

#Bitcoin #BTC #BTC Price Analysis# #SEC