Bitcoin $BTC has closed above the neckline on what looks to be a inverse head and shoulders pattern. I'm in at 6170 as you can follow my recent ideas. OBV is breaking upwards, TDI is flying away, and we have a breakout. Now typically when a iHS occurs, the move of the breakout is usually the distance from the bottom of the head to the neckline. I have a target on the chart for you short term traders, but you long term people have nothing to worry about, Bitcoin is here to stay. Many meetings were live broadcast-ed today and very positive things were pointed out and some negative. It seems that the SEC and the commissioner want to regulate in a way that everyone is safe but they do acknowledge the fact that this new technology is here to stay and that it has great potential! Stay tuned!