Technical analysis by TheMeditrader about Symbol BTC: Sell recommendation (4/15/2023)

Bitcoin has been making a bull run as of late, recently breaking out of consolidation and is now trading within a bull channel.Although price can certainly continue to climb the channel and we'll have to wait for conformation of a change of market structure, price action looks like it's offering a potential head and shoulders with the right shoulder coming into 4 different key areas:1. The right shoulder of a H&S pattern2. The mean threshold of the 4HR rejection bar3. A supply zone with a 4H OB4. A liquidity sweep above the last change of characterOnce we get into this zone, I'll be dropping to a lower time frame and looking for some optimal entry signals.Don't guess, assess.The Meditrader