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$BTC / M1 [1M] — retest of the 7-year (!) iH&S neckline
Now the setup is even more similar to '16, but much larger:
+ iH&S formed below the previous cycle top
+ Breakout & rejection at the previous cycle top (blue horizontal)
+ Retest of the iH&S neckline
... 🚀
$BTC at $400k isn't far-fetched!