There is of course the head and shoulder pattern which is known by many as a very bearish setup, and they are right.
It often leads to big breakdown drops.
However, the opposite setup is also true, the inverse head and shoulder pattern.
We have that setup right now:
(Source: https://twitter.com/misterrcrypto/status/1790110012532011467/photo/1)
If this setup plays out like it should, we would be looking at bitcoin heading to about $72k.
Once we get there, do we put in a double top or keep going?
It would be a weird double top setup so close to the prior all time highs, so probably keep going!