Bitcoin Defies Gravity: Failed Head And Shoulders Could Trigger Massive Rally

Bitcoin price jumped above the $9,550 resistance to invalidate a key head and shoulders pattern against the US Dollar. It seems like BTC is primed for a massive rally above $10,000.Bitcoin bears failed to push the price below the main $9,150 support against the US Dollar.
The bulls gained control, resulting in a fresh increase above $9,500.
There is a connecting bullish trend line forming with support near $9,280 on the hourly chart of the BTC/USD pair (data feed from Kraken).
On the upside, the