Likely false breakout

On the weekly chart we see a breakout though the week is still not over yet.


Now if you look at a shorter 4H time frame you see something different. Clear divergence and a possible head and shoulders patter.

Also ratios make this definitely not in favor of Bitcoin. For example for ETH to double in price it has to reach close to it's previous all time highs. BTC on the other hand $46k. I expect that new money will still keep coming into BTC holding it's price up. While people who have been around longer move to undervalued alt coins.