BTC Forms Head and Shoulders Pattern Key Levels to Watch

Bitcoin has formed a head and shoulders pattern, signaling a potential trend reversal. To confirm this pattern, BTC needs to reclaim the $61,600 level. If successful, the target moves to $66,800, with the potential to reclaim liquidity around the $68,500 to $70,000 area. This setup indicates a possible bullish momentum for Bitcoin in the near term