Bitcoin (BTC) may be down 70% from its November 2021 peak, but its rebound move in the past three weeks is raising the possibility of more upside in Q3.
Bitcoin eyes 30% price rally
At the core of the bullish argument is a technical pattern called the “Adam-and-Eve double bottom.”
Notably, the structure appears when the price forms two bottom-and-recovery cycles. The first cycle, called “Adam,” features a pointed bottom while the other, called “Eve,” is round-shaped. Also, the peaks of both…
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