Now, let's dive into the technical side of things. Bitcoin has been on a wild ride lately, with some analysts predicting a deeper pullback to $38,000, while others believe it's poised for a strong move higher over the next year. The RSI divergence signals a correction, but historical trends suggest that #BTC could be setting up for a large move.

Looking at the weekly chart, we can see that Bitcoin is currently trading in a yellow rising channel and struggling to find support at the lower end. The green support zone remains a key level to watch. Additionally, the 12-hour trend remains intact and bullish, with a successful retest of the 12-hour Order Block (OB).

In the long term, #Bitcoin is expected to reach new highs around $102,000 by mid-summer 2024, with a potential low of $10,400 in the coming months. However, these predictions are subject to change, as the technicals contradict the fundamental analysis.

In conclusion, Bitcoin's technical analysis presents a mixed picture, with both bullish and bearish signals. I recommend keeping an eye on the key support and resistance levels mentioned above and staying informed about the latest developments in the #crypto world. After all, as they say, "the trend is your friend until the end when it bends."