Daily time frame H&S on Bitcoin

Bitcoin has been in a H&S Formation for way too long now, not breaking below. With a devrease in volume it signals towards possible invalidation of H&S which with sufficient volume is a big bullish signal. We will have to wait and see how it plays out.

Other observations in the market:

1. Funding ratres remain positive, dominant long sentiments.
   
2. Volume is still low any side big move possible
   
3. In 4h we can see a tradeable range movement.
   
4. Hedge trades with longs in BTC and shorts in Alts performing best
   

Comment:

BITCOIN HNS got invalidated