Bitcoin Breakout From Inverse Head and Shoulders Pattern Suggests Potential Rally Toward $140K–$150K

Key Points

1. Bitcoin's breakout from an inverse head and shoulders pattern targets $140K–$150K, confirmed by a decisive break above the $112K–$113K neckline resistance.

2. The breakout is supported by a 9.07% weekly price increase and a surge in 24-hour trading volume to $42.7 billion.

3. Whale activity has intensified, indicating large holders are accumulating Bitcoin, further bolstering the breakout.

4. A retest of the $112K neckline is possible, which could serve as crucial support for further advances toward the $140K–$150K target.

5. The breakout aligns with historical patterns and strong market momentum, suggesting renewed bullish sentiment.