Bitcoin Forms Bullish Pattern Targeting 49% Gain

Coin WorldSunday, Jun 22, 2025 7:57 pm ET
1min read

Bitcoin is currently forming a 2-day inverse head and shoulders pattern, with a neckline near $112,500 and a breakout target at $171,000. This pattern suggests a potential bullish reversal, with the price currently holding above $105,000. The key invalidation point for bulls is $100,000, below which the pattern would be invalidated.

Bitcoin’s long-term chart structure shows a clear reversal formation, with rising support and structural compression across higher timeframes. The inverse head and shoulders pattern spans nearly nine months, offering strong symmetry and well-defined inflection levels. Traders are closely monitoring this structure for confirmation of a bullish continuation.

According to Crypto Patel, the left shoulder of the pattern formed near $98,000, the head bottomed out around $74,425, and the right shoulder is developing close to $96,124. The neckline lies between $112,500 and $115,000, marking a major resistance threshold. Bitcoin has already gained more than 49% from the head to the neckline, indicating aggressive buyer participation. If the breakout materializes, the measured move targets $171,443. However, a crucial support level close to $100,000 might completely invalidate the pattern if it were to go below.

Crypto Patel also identified Fibonacci retracement zones at $93,940 and $80,780, which correspond to levels 0.382 and 0.786. Throughout previous periods of consolidation, these zones have provided dependable support. This commentary emphasizes the importance of respecting invalidation levels and managing downside risk during volatile swings.

In addition to the inverse head and shoulders pattern, Bitcoin is also forming sequential bullish flag patterns through multiple stages of the uptrend. Analyzing the long-term trend, Crypto ELITES has presented a comparative analysis of breakout zones and momentum shifts. He tracked Bitcoin’s rally from $13,650 to $27,000, then to $46,000, and later past $75,000. Each surge followed a short consolidation marked by breakout candles and sharp buyer dominance.

The chart shows Bitcoin respecting consolidation support zones at each breakout phase, with the price now positioned above $115,000. He indicated a target of $190,000, provided the price holds above $87,000—the base of the last flag. According to the analyst, the market’s discipline through each range has reinforced the parabolic structure. Bitcoin has formed consistently higher lows throughout the trend, maintaining aggressive follow-through momentum after each support touch. The analyst also pointed out that volume and momentum bars match breakout timing, which strengthens market participants’ conviction.

The bullish structure of Bitcoin is being actively watched by analysts as it moves toward $171,000 and maybe $190,000. The current price action and chart patterns suggest a strong potential for further upside, with key levels to watch for both breakout confirmation and invalidation.