In the previous chart, I was having a more bearish
outlook on BTC
as we broke the weekly 30 MA and tested the support of the parabolic trend. Now, we have a more positive outlook on the short term side, with BTC
forming an inverse H&S
and a possible break out from the 0.786 fib levels and breakout from the cloud. We could see BTC
testing the resistance at 11.1k.