Bull case for Bitcoin to $8000 iHnS before next move down?

Inverted Head and Shoulders forming. Bitmex has the more accurate targets and leading the market IMO, wherease bitstamp the targets aren't as clear. There is currently and inverted AnE (adam and eve) pattern fomring whose target is the neckline of the iHnS.

Additionally there is a bull div (in relation to RSI not shown) building.

Fundamentally, this ~6k bottom hold for now may be in anticipation of first ETF approval as early as ~Sept?