Bitcoin Hits Local ATH but Analysts Warn: Time to Sell and Watch Key Support

Bitcoin recently rallied to a fresh local all-time high (ATH), but top analysts are now issuing caution signals as price momentum shows signs of weakening.

Bitcoin (BTC) touched a new local all-time high (ATH) on Thursday, but top analysts are already issuing caution signals as price momentum shows signs of slowing.

As the apex cryptocurrency pushes into uncharted territory, the mood among traders has shifted from bearish to bullish in recent months, leading some to miss out on optimal profit opportunities.

Crypto trader Atlas highlighted the importance of locking in gains at the current cycle top. Highlighting a well-timed call from four weeks ago urging followers to “buy the dip,” Atlas now advises selling into strength as Bitcoin pushes into its ATH zone.

A chart shared in his post humorously illustrates the emotional pitfalls of retail behavior, where users tend to buy late and sell even later — missing the peak despite good entry points.

“Now I’m telling you to SELL into this ATH. Isn’t this funny? Everyone keeps saying I’m wrong. But I'm outperforming the market by MILES because I'm not afraid to tell you the truth, even if it's not what you want to hear,” Atlas wrote, adding that failing to do so could leave traders underwater in the next phase of the market cycle.

"I'm the only one who's had the balls to tell you to BUY when everyone was saying sell, and I'm the only one who's going to tell you to SELL when everyone's saying buy. That's how you outperform."

Meanwhile, Ali Martinez issued a technical warning based on intraday price structure. According to Ali, Bitcoin must hold above $108,300 to preserve bullish momentum. A drop below this level could open the door to a decline toward $107,000. The accompanying TradingView chart displays tightening price action, reinforcing the critical nature of near-term support.

Both analysts present a cautious outlook despite recent gains. While Atlas focuses on cycle timing and behavioral patterns, Ali points to clear technical thresholds that traders should monitor closely.

As Bitcoin enters a potential turning point, maintaining awareness of both psychological levels and key chart zones will be crucial for those looking to optimize gains or manage downside risk.