This looks familiar, doesn't it? The whole setup from SW activation ($4400) looks eerily familiar to the breakout and slow movement around 3000. This is just an idea and/or framework for placing bids/asks in the coming weeks. If we don't break @4700, this pattern is probable based on supply/demand zones and the overall market sentiment.
Relating somewhat to the current structure, we should see an extended top at 5200 if 4700 breaks upward, in accordance with btc blow off-complex top structure presented in a previous idea.
Comment
⋅
Notice also the AB=CD pattern right at the neckline of the inverted h&s. lot's of patterns contradicting each other.