Every Zipp story tagged #InverseHeadAndShoulders, newest first.
Weekly closes above the 50-week average matter more than a single move, while a retreat toward $70K would still fit the 2023 bottoming pattern.
The scenario sketches a middle path for BTC: sub-$60K buying opportunities stay out of reach while a $100K move remains distant.
The June-built formation is being watched as a potential bottom after Bitcoin's $126,000 peak and the ensuing bear market.
The bullish thesis depends on confirmation, while dwindling odds of the Clarity Act passing this year remove a potential regulatory tailwind.
The setup would be the first cycle-level confirmation out of the 2022 bear, but the right shoulder is still incomplete and a lower-high rejection remains the live alternative.
The pattern isn't confirmed and a short-term flush to the 50,000s would build the right shoulder, but a 200-day moving average reclaim in an already downtrending MA would echo January 2023.
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