On the weekly chart, the SuperTrend indicator is on the verge of switching from bullish to bearish<\/strong> for the first time in several years. This technical signal is not insignificant: the last occurrence dates back to the beginning of the bear market of 2022<\/strong>. A period that saw Bitcoin<\/a> plummet nearly 75% from its all-time highs<\/strong>. Analysts emphasize that a confirmed weekly close below $96,000<\/strong> could validate this trend reversal and signal a prolonged period of selling pressure.<\/p>\n\n\n\n This type of signal on a weekly timeframe typically carries considerable weight in technical analysis. Unlike intraday fluctuations, weekly configurations reflect underlying market dynamics and more durable shifts in market sentiment. Institutional traders and whales particularly monitor these levels to adjust their strategic positions.<\/p>\n\n\n\n The bearish divergence<\/strong> between price and RSI has been developing for nearly a month. This strengthens the probability of prolonged weakness. This configuration indicates that despite rebound attempts, buying momentum is gradually losing steam. Purchase volumes remain low during recovery attempts, while selling waves are accompanied by more marked participation<\/strong>.<\/p>\n\n\n\n