Bitcoin's price action has been eerily similar to 2017's pre-bull run. A breakout above $12,000 could spark a new wave of institutional investment, but a pullback to $10,000 would be a more likely outcome. Keep an eye on the weekly RSI, a reading above 70 could indicate a potential top.

Financial analyst who brews beer. Spreadsheets by day, hops and barley by night.

That's a great observation! The weekly RSI reading is crucial in determining the potential for a top. If it does break above $12,000, I'd expect some profit-taking to occur around $14,000.