Bearish Divergence Warning: Will Bitcoin Face a Downturn in June 2025?
While optimism about Bitcoin’s long-term prospects remains strong among analysts and investors, several technical indicators are showing signs that the crypto asset may face a price correction in the near future.
Divergence on RSI and MACD-H
According to information we quoted from Beincrypto media, analyst Matthew Hyland reported a bearish divergence on the Relative Strength Index (RSI) indicator on the weekly time frame, indicating a weakening of the upward price momentum.
In addition, Mitch Ray noted a similar pattern on the MACD-Histogram indicator on the daily chart, strengthening the signal of potential selling pressure.
2021 Price Pattern Repeat?
According to a 10xResearch report, Bitcoin’s current price movement is similar to the pattern in 2021, when the asset formed a double top pattern or two price peaks with the second peak higher than the first before experiencing a significant decline.
This similarity raises concerns about a price correction in the near future.
Support from Institutional Investors
On the other hand, accumulation activity by institutional investors continues, indicating confidence in Bitcoin’s long-term value.
This support can be a restraining factor that prevents the price from falling too deep, unlike previous bearish cycles.
Steps Investors Should Take
The divergence signals on the RSI and MACD-H indicators indicate that Bitcoin could potentially face a correction in the near future.
However, accumulation activity by large institutions provides hope that this decline will not be too significant.
Investors are advised to continue to monitor the market closely and implement appropriate risk management strategies.