Bitcoin is at a critical juncture here in the chart. A confirmation of the H&S pattern will be the break of the ascending support (green) and incapability to break $8400 resistance. Lack of increasing volume still remains suspect.
Trade closed: stop reached:
As said in the comment, key point was $8400 and has been break on the upside, so the H&S has been negated.
Comment:
As far as for now, follow this other idea:
