DrinkingSubs3t6

Bitcoin Adam and Eve Pattern

BITFINEX:BTCUSD   Bitcoin
I saw this Adam and Eve Pattern play out back in June 2022 into July 2022 on the hourly chart. I was curious to see if it played out in a weekly chart... Unfortunately it looks like the Adam and Eve Pattern is coming to an end soon it is not a perfect Adam and Eve Pattern but only time will tell if Bitcoin can hold the 200 WMA. If the pattern plays out and stretches until first quarter of 2023 we could see a bottom of $12,000 because that’s what everyone’s calling for.... Before most likely it will enter recovery phase into a new Bull Run. Take everything I said with a grain of salt. Remember there are No Certainties. Only Probabilities!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.