BTCUSD is forming Adam & Eve double bottom pattern on daily chart. As you can see, the first attempt to break 11.7-11.8k failed which caused this double bottom to form. Overall, the pattern suggests a bull run to the neckline but not necessarily higher. Key to understand with Cup & Handles, double bottoms, W-bottoms, Head & Shoulders, etc. is that price needs to...
Bitcoin is stuck between two curve lines. Clear signs of consolidation before a LARGE break out. Dates seem to indicate a break out around Jan. 20.
If it breaks out to the upside, we can expect a retest of ATH very fast and then continuation of the bull trend.
Entry: now - 14 000
Stop-loss: 12 800