BTC has completed a bullish ABCD reversal pattern.
Bulls have successfully defended 6.85K 4 days straight in the green box, prior to breaking out of it.
Price was held by a HVN, and I think it'll get held again at the POC this time. I'm expecting some consolidation there while the market decides on where to go.
3 HR chart I published earlier is showing a strong possibility of an iH&S, backing up my target for 8.3K.
Plus, the MACD looks to be crossing over the signal, adding to the bullish narrative.
A possible iH&S on the daily time frame could present itself.
If 8.3K hits, a correction to 8K could form the RS near the 0.236 fib.
The iH&S could be what catapults us out of that resistance and bear market.
IDGAF what the target is after that, as long as we are out of this bear market.