BTCUSD Daily chart Potential breakout ( Potential Inverse H&S )

This is a Daily chart on the BTCUSD

Recently the price has been pulling back producing a correction of about 25% ( something normal for this kind of bull runs )

Recently the price encountered a double support from a general up trend support line ( lower red line ) and a support range. From there the price bounced up and managed to cross above a smaller up trend support line ( green line )

Currently the price is retesting this line

If the price bounces up from here this can continue the recovery in the price but it will also form a potential inverse H&S in the process

This Inverse H&S gives a projection for a potential increase to around 75000 - 80000 in the following weeks