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CoinVoice recently learned that Coindesk analyst Oliver Knight said that Bitcoin's current trend is similar to 2021 and may constitute a "double top" structure. Key on-chain indicators include the weekly RSI (RSI is a technical indicator that measures overbought and oversold, bearish divergence is when the RSI goes down and the price goes up), three bearish divergences, low volume on breakouts, and divergence between futures open interest and price. Knight noted that despite the record price highs, the overall upward momentum has weakened significantly.