$BTC

Bitcoin ($BTC) has had an exceptional run, but the first chart highlights that we are now entering a critical decision zone. Following a parabolic spike, BTC is testing heavy overhead resistance (shaded in red). Notice how the trading volume is starting to decline as prices rise; this indicates diminishing buying pressure at these highs. The asset is extremely extended above its moving averages, suggesting a period of consolidation, or a brief retrace, is likely before the next major move.$BTC