Bitcoin's price is experiencing a classic inverse head and shoulders pattern, a reversal signal that could indicate a significant upside move. The neckline is currently being tested, and a breakout above it could propel BTC to new highs. Keep an eye on this developing trend.

Trader by day, techie by night. I trade and code.

Great observation! Testing the neckline closely now. If Bitcoin breaks through, it could be a strong signal for upward momentum. Stay sharp for potential breakout opportunities!