BTC topped out the same way as in late 2021.
2024-12-23
Category: None

You can see on the chart that in late 2021 BTC had 2 peaks with 21 day consolidation between them.
Currently we had 24 days of consolidation and 3 peaks. Almost the same.

After the first peak RSI did not go above 70 anymore even if price moved higher. It was final price extension from people that FOMOed and some ponzi corporations.

Last couple of days RSI dropped below marked box. Most likely bear market for BTC began