Crypto analyst Ash Crypto pointed to the formation of a bullish “Adam and Eve” pattern on the Bitcoin chart, suggesting that a breakout above $72,000 could open the path toward $80,000.

The “Adam and Eve” formation typically consists of:

• a sharp V-shaped bottom (“Adam”)
• followed by a rounded consolidation (“Eve”)
• breakout confirmation above neckline resistance

If confirmed, the structure often signals a momentum-driven upside extension.

Michaël van de Poppe, founder of MN Trading, expressed a similar view, noting that Bitcoin has successfully held a “potential bounce zone”, reinforcing short-term bullish structure.

However, trader Daan Crypto highlighted that the Coinbase premium remains significantly negative, a condition that has persisted for much of 2026.

A sustained discount typically reflects:

• weaker US spot demand
• institutional selling pressure
• net outflows from spot Bitcoin ETFs

According to Daan, the negative premium is likely tied to:

• ongoing bearish market structure
• persistent spot ETF outflows this year

On one side: 📈 Bullish technical breakout setup

On the other: 📉 Weak US spot demand signals

The next key level remains $72,000 — a decisive break could shift momentum, while rejection may reinforce distribution dynamics.