bitcoin173ktargetadamevedoublebottomweeklychart

₿ Bitcoin BTC: $173K Target If This Pattern Plays Out

Source: Analyst EGRAG CRYPTO | Jul 22, 2026

📊 Current Price
∼$66,000 | +2% past week | -47% from ATH $126K Oct 2025

🔍 The Pattern: "Adam & Eve" Double Bottom
EGRAG says BTC is forming a weekly Adam & Eve double bottom inside $51K - $67K support band.
🪙 Adam: Aggressive V-shaped low
🪙 Eve: Slower, rounded base
🪙 Neckline: $83,000 ← Key level

🛣️ Roadmap to $173K
🪙 Hold current bottom
🪙 Reclaim $68,000
🪙 Break + Retest $83,000 → "The gateway"
🪙 Targets: $103K → $120K-$126K → $173,000

⚠️ Invalidation Level
Weekly close below ∼$51,000 = entire setup is invalidated. That's the line in the sand.

📈 Other Analyst Views
🪙 Ted Pillows: Daily Supertrend flipped green. Last time = +15% in 4 weeks. That puts BTC near $76K by August
🪙 ChartNerd: Calls this a countertrend rally. Sees 200-week EMA ∼$68K as local top before final drop in Q3/Q4
🪙 Axel Adler Jr: Realized vol -31% this month, lowest since 2016. Leverage down 21 days. Bounce from $59K June 30 low is "less prone to liquidation cascade"
🪙 Markus Thielen: BTC/ETH implied vol back to 36% → rising demand for upside calls into summer

🚀 Why BTC Is Climbing
🪙 Spot Bitcoin ETF inflows resumed after 8 weeks of outflows
🪙 CLARITY Act ethics language progress = better sentiment
🪙 Bitfinex: Next test is $67,900 - $68,300 reaction zone. Needs spot buying, not just speculation, to hold

🔮 Bottom Line
🪙 Bull case needs $83K break + hold to confirm Adam & Eve.
🪙 Bear case triggers on sub-$51K weekly close.
🪙 For now, $68K is the immediate battleground.

🔊 Not financial advice. "DYOR" ⚠️

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