Bitcoin Forms Bullish Inverse Head & Shoulders Pattern – Is $150K Next?

Bitcoin is forming a bullish inverse head and shoulders pattern on the 3-day chart, with a breakout above the $111K neckline potentially leading to a rally toward $150K. Factors like tightening supply and cycle analysis support the bullish outlook, but traders must watch for resistance and conflicting signals.

Jun 20, 2025 - 11:29
Bitcoin Forms Bullish Inverse Head & Shoulders Pattern – Is $150K Next?

Bitcoin’s price action is setting up for a potentially explosive move. On the 3-day chart, traders have spotted a classic inverse head and shoulders pattern, which is widely recognized as a strong bullish reversal signal.

Key Levels to Watch

If Bitcoin can break above the neckline—estimated around the $111K–$112K range—a significant rally may be in play. Analysts and technical traders suggest this move could push BTC toward $140K–$150K, possibly as part of a broader market cycle peak expected by the end of 2025.

Why This Setup Matters

  • Technical Confirmation: Well-known traders like Merlijn and Mister Crypto have called the pattern “textbook,” pointing to growing buying pressure and increased confidence in a breakout.

  • Supply Squeeze: Exchange-held Bitcoin has dropped below 2 million BTC, a level not seen since 2017. This reduced supply could magnify upward price movements if demand persists.

  • Cycle Timing: Long-term analysts are aligning this pattern with Bitcoin’s historical power cycle, which predicts a potential peak around November–December 2025.

Caution Ahead

While momentum looks promising, there are key risks:

  • Neckline Resistance: Without strong volume, a failed breakout at ~$111K could result in a pullback or consolidation.

  • Mixed Signals: Some technical indicators are flashing bearish patterns, including a possible classic head and shoulders, which could invalidate the bullish setup.

Final Thoughts

Bitcoin’s chart is at a critical juncture. If the inverse head and shoulders pattern plays out as expected, we could be heading toward one of the most significant rallies in BTC history. However, traders should remain alert to volume confirmation and conflicting signals before fully committing to a bullish outlook.