Alternative possibility of Adam & Eve at C, next few days will show BTC future through March
BTC broke above previously stated resistance but continues to draw parallels with previous bear pennant setup. Price is pushing down and out of rising wedge and if it closes outside on the 4hrly looks set to visit at least 7,2K. This would be the best option as any lower and we have to start worrying about if this is another bear pennant or we can have an Adam & Eve reversal.
If we revisit 6k on this leg down, I will also rejoice, as that could give a slower more sustained recovery, in double bottom form.