Bitcoin's Bull Run: Is a Crash Inevitable?

Bitcoin (BTC) has been experiencing significant growth recently, continuously setting new highs. However, some analysts warn that this cryptocurrency may be approaching a correction phase.

Why might Bitcoin decrease?

Analysts from Swissblock suggest that the recent surge in Bitcoin's price is unsustainable.
Bitcoin's price has nearly doubled from $38,000 at the end of January without any significant correction.
The Relative Strength Index (RSI) on the 4-hour chart is trending downwards, typically signaling a potential price decrease.
Analyst Henrik Zeberg from Swissblock predicts that Bitcoin could drop to $58,000 - $59,000 in the coming days, equivalent to a 20% decrease from the current level.

Other indicators signaling an impending price decline:

The prices of meme coins are skyrocketing. Historically, the flow of money from major cryptocurrencies to meme coins has been a sign of an approaching market correction.

However, this is only a short-term prediction.

Analysts at Swissblock believe that the overall upward trend of Bitcoin's price will continue.
Matrixport, a cryptocurrency investment service company, also suggests that the market may enter an accumulation phase before resuming its upward trajectory.
Currently, the price of BTC has been hovering around $73,000 for about 3 days, indicating strong market demand.