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Key Takeaways:
- Bitcoin has completed a bullish inverse head & shoulders pattern, signaling potential for a powerful breakout.
- Analysts predict a surge to $144,000 as the next ATH target, with institutional support acting as a strong catalyst.
- Despite early-cycle volatility, Bitcoin remains on track to dominate this bull cycle, with cycle top projections now reaching as high as $350,000.
Bitcoin (BTC), the world’s largest cryptocurrency, has completed a bullish inverse head and shoulders pattern — a technical chart signal often associated with a major upside breakout. According to a prominent crypto analyst, this development may pave the way for a surge to the next all-time high (ATH) target of $144,000.
Classic Bull Cycle Structure Reinforces Long-Term Upside
Historically, Bitcoin’s market behavior follows a well-observed four-year cycle centered around the Bitcoin halving event. After each halving, reduced supply triggers demand pressure, fueling bullish rallies and new ATHs. This pattern typically kickstarts a broad market rally and the much-anticipated “altseason.”
However, this cycle has deviated slightly. BTC achieved a new ATH before the 2024 halving, a first in Bitcoin history. Despite a subsequent price correction, analysts suggest the pullback created a more sustainable foundation, delaying altseason but strengthening long-term momentum.
Institutional Accumulation Supports Price Growth
One of the most bullish drivers for Bitcoin this cycle has been unprecedented institutional adoption. Financial giants such as BlackRock continue to accumulate BTC, reflecting growing confidence in its long-term value as a store of wealth. This institutional demand is fueling speculation that Bitcoin’s cycle top could reach $350,000 — even though the near-term focus remains on the $144,000 ATH target.
#Bitcoin Inverse Head & Shoulders
— Titan of Crypto (@Washigorira) July 23, 2025
Target: $144,000 🎯
A retest of the neckline is still possible but likely just fuel for the next leg up. 🔥📈 pic.twitter.com/XNJbzf5Pj0
This accumulation has been steady, with spot Bitcoin ETFs consistently pulling liquidity from exchanges and creating scarcity on the supply side. Combined with chart patterns like the inverse head and shoulders, the setup is favorable for another significant BTC rally.
Also Read: Bitcoin Price Hovers Near $118K as $121K Liquidation Wall Threatens Breakout
Technicals Point to $144K ATH Target
According to the technical analysis shared by one widely followed crypto analyst, the inverse head and shoulders formation has now been completed. While a brief retest of the neckline support could occur, it is expected to act as a springboard for the next move up. The immediate target? $144,000.
This forecast aligns with the broader bullish sentiment surrounding Bitcoin as it continues to assert dominance in the crypto market. With the pattern in place and key support levels holding strong, the stage appears set for BTC’s next major leg upward.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
