Bitcoin has experienced a continuous upward trend for seven weeks, surpassing the $100,000 mark. Despite this positive momentum, there are indicators suggesting that this trend may soon come to an end.

Predicting a price reversal is a complex task, but there are signs that highlight increased risks for investors who have not yet established strong positions.

An important signal is the behavior of wallets holding large Bitcoin balances. Data from Glassnode shows a decrease in accumulation by wallets with over 10,000 BTC as they shift towards distribution. This trend is also noticeable in wallets holding 1 BTC to 10,000 BTC, with a weaker accumulation pattern. On the other hand, wallets with less than 1 BTC are showing a shift from distribution to strong accumulation following Bitcoin's record high.

Moreover, the analysis of Unspent Transaction Outputs (UTXOs) presents a cautionary note. When 99% of UTXOs are in profit, it typically indicates an overheated market phase, often preceding price corrections. This data suggests a risk increase for buyers, as profit-taking tendencies among larger investors coincide with FOMO-driven actions from retail investors.

Despite Bitcoin's recent rally and its current price around $108,000, there is uncertainty about a correction. Reports show a surge in Bitcoin accumulation by corporations globally, indicating a positive market sentiment. Experts remain optimistic about Bitcoin's future price due to increasing institutional demand and adoption.

While short-term indicators hint at a possible pullback from current highs, analysts maintain positive expectations for Bitcoin in the near future.