Hello guys,
Bitcoin is looking pretty good. The wave 5 is in progress and once it is completed it will reach to my target of $11778.
So far the progress is absolutely as per our analysis. It has bridged the upper resistance trend line. That's good.
Here is the update on the H&S pattern. The 5 the will also meet the neck line of the head & shoulder pattern and when that happen the price will go higher high. If the H&S works out then my target for the price is : $17911.
My analysis below.