#BTC Outlook – Potential Head & Shoulders Forming
The chart looks like a possible Head & Shoulders pattern in progress.
Right now, price may bounce to 97–102K for a retest — and if rejection shows there, the right shoulder completes and continuation down becomes likely.
📌 Scenario:
Retest 97–102K → rejection = bearish drop
Targets if pattern confirms: 88K → 82K → 74–78K
Break above 105K invalidates the setup and flips bullish
Not confirmed yet, but this is the structure I’m watching.
The chart looks like a possible Head & Shoulders pattern in progress.
Right now, price may bounce to 97–102K for a retest — and if rejection shows there, the right shoulder completes and continuation down becomes likely.
📌 Scenario:
Retest 97–102K → rejection = bearish drop
Targets if pattern confirms: 88K → 82K → 74–78K
Break above 105K invalidates the setup and flips bullish
Not confirmed yet, but this is the structure I’m watching.
