A top analyst has raised concerns for Bitcoin, highlighting a significant warning sign in the charts. Despite showing short-term bullish divergence, Bitcoin also exhibits a build-up of liquidity on the upside that warrants careful monitoring.
Recently, Bitcoin broke below a key support area, which has now transformed into a resistance level. Traders are eyeing $53k levels as potential targets.
This dual scenario presents a complex market situation that requires close vigilance from investors.
