According to the chart of M5, #Bitcoin formed the Head and Shoulders pattern. The Head’s top is set at 63365.00 while the median line of the Neck is found at 62800.84/62822.33. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #Bitcoin will go towards 62822.18.