Analyst commentary cited by COINOTAG notes multiple on-chain and technical readings suggesting a near-term **Bitcoin** inflection; chief among them is an **RSI divergence**, where price makes fresh highs while the RSI prints lower highs, a pattern the analyst says mirrors prior market conditions observed in 2021.
Technically, the **MACD** has registered a bearish cross this week and the **MVRV** momentum indicator has shown a recent “death cross,” signals that historically have been associated with cyclical topping behavior and increased downside risk; key levels to monitor include $108,700, $104,500, $97,000 and the structural support at $60,000.
The analyst outlined a pragmatic bullish checklist: a weekly close holding above $108,700 and a reappearance of an **MVRV golden cross**. Market participants are advised to prioritize disciplined position sizing and confirmatory signals before adjusting exposures.