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BTC - Price action interpretion

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BITSTAMP:BTCUSD   Bitcoin
Small analysis, bias confirmation for bull market
chart & trendanalysis

1 step before because hindsight is 20/20
Komen:
Important to note is that this idea will still be valid even if we go sub 9k, however i think that 7k will be the lowest (if we go that deep)
Komen:
Brush tool:
Small IHS=Purple, this will act as the "head" for the orange IHS below
Orange=Large IHS
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Komen:
Komen:
I'm a Wizard.. maybe :)
Komen:
ok so my perception is still the same, we can see that the right shoulder is significantly stronger than the left one, which leads me to believe that another surge is bound to happen, right now there's a bit of consolidation going on.

We are on route.
Komen:
Price formed H&S pattern, but BTC can rebound from 10k level and resume the uptrend
Komen:
10k reached, if this breaks down this analysis is invalidated. Bounced for now though.
Komen:
I actually forgot, lol, scrap above. See below.
Penafian

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