JustChartThings
Short

BTCUSD 15 min chart showing actionable trades both directions

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             is currently consolidating since 20k, also being subjected to various transient shocks like Bitcoin Cash             release on Coinbase, etc. that likely have kept upside momentum low. Overnight, the H&S flashed but didn't yield the full measured move, potentially due to the significant resistance being established in the 17s. It's currently channeling down, making a break of the channel an actionable trade in either direction. As time continues, the less likely the H&S will play out (already looking like the previous attempt is the most we'll see in the near term) - perhaps this failure implies further consolidation down is coming in this lull of demand.
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