H&S pattern won't be validated until we see a break of the neckline, so we are purely speculating. Fib extensions suggest 15k, while a measured move suggests we breach 17k. Last bubble featured a bounce which ultimately failed 15% from the local top. 17k would also be roughly 15% from the previous top back in December. Coincidence?
BTC reversed its down trend accompanied by high volume, and a continued upward trend is expected. Price is currently in consolidation, and we continue to bounce off the .618 fib. Few key levels to watch as we climb to determine if BTC transitions into bear cycle, or we continue the bull run.
EMA's can be helpful, and we can use them on a larger time frame to show bull and bear cycles. This EMA was resistance during bear, and has turned support during bull. Until we break and close below this level, BTC remains bullish. Keep buying the dip until proven wrong.