Potential Inverted Head & Shoulders – 1H TimeframeBitcoin / U.S. dollarBITSTAMP:BTCUSDehab.f.tadrosOn the 1-hour chart, a potential Inverted Head & Shoulders pattern is forming after a prior downtrend, suggesting a possible bullish reversal. 🔹 The pattern will be confirmed with a strong breakout above 66,200, supported by high volume. 🔹 A volume expansion on the breakout is essential to avoid a false move. Measured Move Target: The projected target is calculated by measuring the distance from the head to the neckline and adding it to the breakout level. If the head is around 62,400 and the neckline is at 66,200: → Height ≈ 3,800 points → Projected target ≈ 70,000 Key Notes: Watch for strong bullish momentum during the breakout. Monitor nearby resistance levels before the 70,000 area. A pullback to the neckline after breakout could offer a safer entry. Let’s see how price reacts at 66,200.