🚹🚹Bitcoin Price Analysis: Is a Pullback on the Horizon?🚹🚹

Bitcoin is currently navigating a tricky path, with analysts signaling potential challenges ahead. Despite recent bullish momentum, a hidden bearish divergence is appearing on the daily chart. This occurs when Bitcoin's price hits lower highs, while the Relative Strength Index (RSI) makes higher highs – a classic sign that a downturn might be brewing.

Right now, Bitcoin is facing strong resistance around $64,500. If it breaks through, the bulls could continue pushing the price upward, potentially eyeing the $79k mark. However, if it struggles at this resistance, we could see a continuation of the bearish trend. Key support levels to watch are between $60,200 and $63,000.

Adding to the tension, Bitcoin, along with Ethereum and Solana, is showing overbought signals, which means there’s little room for further growth without a price reset. A pullback or sideways movement might be needed to "reset" the RSI before another upward push.

In the coming days, all eyes will be on whether Bitcoin can break resistance or if the bears will regain control. A breakout could mean a push toward new highs, while a failure to push through could signal a return to the downward trend.

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