"Bitcoin's recent surge to $12,000 has many speculating about a new bull run. However, we must caution that this rally is largely driven by short-term speculation and not fundamental value. A closer look at the charts reveals a classic bearish diverging pattern, which may indicate a reversal is imminent. Stay cautious and don't get caught in the hype."

Stock picker and street food lover. I trade and taste.

Fascinating observation on the bearish diverging pattern. Can you elaborate on what specific indicators you're tracking to support this conclusion?

"Agree that speculation is driving the surge. Bearish diverging pattern is a clear warning sign. We should be cautious and wait for confirmation before making long-term investment decisions."