Formation of inverted head & shoulders pattern on BTC chart
Neckline at $113K is critical resistance level
Breakout could propel Bitcoin past $140K
An inverted head & shoulders is a classic bullish reversal pattern that often appears after a downtrend. In Bitcoin’s case:
The left shoulder forms after a dip and rally—this checkmark
The head dips further before recovering—also confirmed
The right shoulder is now in progress, suggesting the pattern may soon complete
Once the neckline, drawn through the highs between the shoulders, is breached, the pattern traditionally signals a powerful bullish breakout.
Neckline at $113K: A Key Barrier
The neckline at around $113K represents crucial resistance. Until BTC decisively breaks above this level, the inverted head & shoulders pattern remains unconfirmed. Traders often watch for:
A daily candle close above $113K
Heavy volume to validate the breakout
Why $140K Is the Potential Target
The target for the breakout is projected by measuring the distance from the head to the neckline and adding that to the breakout point:
Head low → neckline ≈ $27K difference
Add $27K to $113K neckline → $140K target
If Bitcoin can maintain momentum above $113K, this projection could materialize over the coming weeks or months.
INVERTED HEAD & SHOULDERS ON $BTC
Left shoulder
Head
Right shoulder loading…
Breakout target? $140K+
Neckline at $113K is the only thing standing in the way.
Patience now is profits later. pic.twitter.com/w67wcKF8dY
— Merlijn The Trader (@MerlijnTrader) June 15, 2025
Final Thoughts
The inverted head & shoulders pattern is nearly complete
A breakout above the $113K neckline would confirm a bullish setup
Successful breakout could lead BTC to a $140K+ rally
“Patience now is profits later.” Staying calm near the neckline could pay off big
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