BTCUSD: Huge Inverse Head-Shoulder, Bullish Wave Increase!BitcoinCRYPTO:BTCUSDVincePrinceHello Community, welcome to my new analysis of BTCUSD. In recent times, BTCUSD has heavily increased bullish expansions towards the upside as it greatly bounced within the $62,500 zone and shot above $70,000. When positioned right in the market, this was a strong trading opportunity to take on the long side and profit from the rising prices. Especially through the bullish momentum confirmed here, BTCUSD is now trading in a heavily bullish condition. When looking at my chart, we can see how the recent bullish upthrust confirmed this major inverse head-shoulder formation. After BTCUSD bounced within the ascending trendline, the heavy bullishness showed up, pushing into the higher zones. Now, BTCUSD has greatly completed this inverse head-shoulder formation with the breakout. In such a formation, it is typical that a pullback confirms the breakout and formation, as seen in my chart. BTCUSD already completed and confirmed the inverse head-shoulder formation. This activated the target zones as seen in my chart. Also, a bullish EMA crossover is likely to be awaited in the next few times, with the 100-EMA crossing above the 200-EMA. The confirmation will be a great signal to consider adding to positions. Right now, there have been a lot of short liquidations fueling the bullish trend, and with such momentum, higher prices will likely be reached. In this manner, thank you a lot for watching! The support is highly appreciated. VP