BTC/ USD - Possible H & S Pattern forming before pullback!

Hello Traders,

Let the slow burn begin.

We should see a quick uptick to finish a head and shoulders pattern on the daily chart. Followed by a pullback to the 200/255 EMA region. If we break this zone, look for the price to wick the .618% FIB and then take a bounce to the upside.

In the meanwhile get ready to jump on the altcoin opportunities and then cycle back into BTC with your earnings.

Good luck!