BITCOIN - ADAM and EVE fractal showing $13000??

Bitcoin has just completed today the technical Adam and Eve pattern on 4H. As on July 20, the price was again rejected on the MA200 and since the formation is completed it is now seeking direction. It is therefore useful to identify how this pattern has traded in the past on Bitcoin.

The last time this pattern emerged was at the end of the most recent 2018 Bear Cycle (December 2018) and was completed at the start of the new 2019 Bull Cycle (February 2019). If we scale that period up to the 12H time frame, we can see that the similarities between the two formations are uncanny.

So what should we expect now? Well the early 2019 fractal followed with a Golden Cross upon completion which paved the way for the hyper aggressive parabolic rise that we all benefited from all the way to $13700.

If the Golden Cross formation takes place again we face the high probability that the pattern will continue in the same way, hence reach $13000 initially and then continue to rise!

For the sake of the comparison the two fractals are on 4H and 12H respectively so please avoid bringing that up as an argument in the comments section!

What on the other hand I would be really interested at, is your opinion on the pattern analysis. Do you think the same formation will 'play out' again? Is it fair to expect now 13k on this fractal?

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