23/06/2026
BTCUSD: Head & Shoulders + Bearish OB at 63,771 – Crash Loading? ✅
Technical Analysis:
Bitcoin has formed a clear Head & Shoulders pattern on the recent swing and has now completed a Market Structure Shift (MSS) to the downside.
Price is currently testing a high-confluence resistance zone at 62326, where we have:
Strong Bearish Order Block
Right shoulder resistance of the H&S pattern
Previous structure high
Bias: Bearish Expected Scenario:
Minor retrace to 63,771 → Strong rejection
→ Fresh leg down.
Targets:
TP1: 63,000
TP2: 62,400
TP3: 61,800 and lower
This is a high-probability short setup with multiple confluences aligning in favor of sellers.
This is not financial advice. Always manage your risks properly.
