#BTC Update
I want to share my thoughts on the current BTC situation in a simple way.
Right now, I can see a classic Head and Shoulders pattern forming. This structure can act as a catalyst for higher prices on BTC if it plays out correctly.
From here, I see two main scenarios.
First scenario
We get a clean break of the 72k area, which could open the path toward 75k. This move would be supported by the Head and Shoulders pattern and the nPOC, which previously acted as strong support and is marked by the orange line.
Second scenario
We get a fake breakout above 72k, followed by a sharp drop int