Bitcoin: Head & Shoulders Possibility

Bitcoin is now testing the upper and last trendline of our current downward channel. If breakout is confirmed, we also have a possible Inverse Head & Shoulders pattern. If this pattern plays out, I targeted 3 possible pricing points: 49k-52k, 58k-60k, and 65k-68k. Shorter term price of 50k is most likely if breakout occurs.