Bitcoin is potentially forming an Adam and Eve structure.
In this scenario, the Adam phase may retest $62k before a move to $70,800.
The Eve phase typically forms over an extended period with less volatility for Bitcoin but potentially a bearish period for altcoins.
This is just a potential scenario at this stage.
Best Hard Forky
In this scenario, the Adam phase may retest $62k before a move to $70,800.
The Eve phase typically forms over an extended period with less volatility for Bitcoin but potentially a bearish period for altcoins.
This is just a potential scenario at this stage.
Best Hard Forky
Komen:
Watching for a local rejection at $68,000 to validate if we will see a move back to $62k
Komen:
Drop looks confirmed
Komen:
confirmed
Komen:
long
Komen:
expected path -
Komen:
adjusted path with latest data
Sunday push up
Komen:
first mark -
Komen:
short op inbound -
Komen:
still expecting the move to the 3rd target
Komen:
risk of flash sale -
Komen:
final move up
Komen:
bottomed
Komen:
minor update - final long to target
Komen:
deviation and no short entry reached - possibly in larger Wyckoff distribution pattern possible
Komen:
New scenario pivot: