A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target.

• A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000.

• Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target.

Bitcoin’s 

 surge to a record $112,000 sparked renewed hopes for a $150,000 target by year-end, but its swift correction below $105,000 is testing that bullish narrative.