#Bitcoin
Bitcoin has broken out of an inverted head-and-shoulders pattern, a bullish chart formation that typically signals a strong trend reversal. The breakout occurred after BTC reclaimed the $112K–$113K level, confirming the neckline and suggesting renewed buying momentum. Analysts now point to a potential upside target between $140K and $150K, supported by increased trading volume and consistent whale accumulation.
On-chain data further supports the bullish case, with exchange reserves dropping and institutional interest growing. If Bitcoin can hold above the neckline during any retest, it may pave the way for the next leg up in this rally. For now, all eyes are on whether support holds and momentum continues building toward new highs.
