@davvolg, Nice catch mate. Note however that such patterns determine compression and predetermines a stronger break IN EITHER DIRECTIONS. That blends well into the bigger picture, either we break that and the trendline above and go bullish or break down and head for a better discount before the big bulls kick in.
In case of the H&S pattern. volume is very important for the pattern. Bitfinex also shows some H&S like pattern but it has been invalidated by volume of each head. I guess.
Just as your chart, BTC is standing at the milestone and it needs to determine its direction to go.
We need to watch out the fake break up & down.
4K sounds quite resonable to me but who knows. XD.