Bitcoin (BTC/USD) 4-hour chart: Inverse H&S
A inverse h&s on the Bitcoin (BTC/USD) 4-hour chart, bullish. The video shows how to spot it, where to enter and where the stop and target go.
- Pattern: Inverse H&S (bullish)
- Entry 82,253.50, stop 80,460.00, target 85,398.20
Full transcript
Bitcoin sank, sank deeper, then climbed back to where it started.
October 19: Bitcoin on the 4-hour chart, where an inverse head and shoulders confirmed today.
The pattern is a middle low that sits lowest, with higher, roughly level lows on each side.
Connect the highs to draw the neckline at 81910.9; confirmation needed a close above it.
From here, the measured target is 85398.2, and the invalidation level is 80460.0, where a close beyond it cancels the pattern.
It is still in play, and neither level has been hit.
A pattern never guarantees its target, and the same shape fails just as often.
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AI-voiced; written and reviewed by the Borearis Research Team. For education only, not investment advice. Trading involves risk.