BTC H&S $1600 in Sight

Rational:

- Improving concensus re segwit

- H&S formation would make sense based once BC moves beyond $1200 with likely significant resistance and rejection when closing in on the $1300 ath range and a retest of prior support.

- Weak hand investors who panc sold amidst the scaling debate will be fomoing in particulae once ATH is broken.

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Trade opened target 1260$

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Big bounce off support - lets see if it holds.

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we are up and running!

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My work here is done!