Multiple Bullish Structures Align as Key Resistance Breaks
Bitcoin is showing strong technical confluence that favors a continuation move to the upside. Over recent sessions, price action has carved out three major bullish patterns, all aligning toward a higher-probability breakout scenario.
🔍 Technical Structures in Play
1️⃣ Triangle Formation
BTC spent weeks consolidating within a tightening triangle, signaling a period of balance between buyers and sellers. This compression typically precedes expansion, and price has now begun resolving to the upside, indicating demand is taking control.
2️⃣ Inverse Head and Shoulders (IH&S)
An Inverse Head and Shoulders pattern has clearly developed on the chart:
Left shoulder: Higher low formed after sell pressure
Head: Final capitulation low
Right shoulder: Higher low with reduced selling momentum
✅ The neckline has been decisively broken, confirming the pattern.
📐 Based on measured move projections, the technical target aligns near $101,000, which is the full objective of the IH&S structure.
3️⃣ Ascending Channel
Price is also trading within a well-defined ascending channel, reinforcing:
Higher highs
Higher lows
Sustained bullish market structure
As long as
$BTC remains within this channel, trend continuation is favored rather than mean reversion.
🎯 Price Target: $101,000
The $101k level is not arbitrary—it represents:
The measured target from the IH&S breakout
A psychological round-number magnet
A natural extension within the ascending channel
This convergence strengthens the probability of price gravitating toward that zone if momentum holds.
📌 Trade Strategy & Entry Zones
There are two strategic entry opportunities depending on risk appetite:
🔹 Entry 1: Neckline Retest
Buying a successful retest of the broken neckline
Ideal for confirmation-based traders
🔹 Entry 2: Major Correction / Pullback
Entering on a deeper corrective move toward channel support
Higher reward potential for patient participants
📈 As long as price holds above the neckline and structure remains intact, bullish continuation remains the primary bias.
⚠️ Risk Management
Invalidation occurs on a clean breakdown below the neckline
Risk should be adjusted to account for volatility near key levels
No pattern is guaranteed—structure must be respected
✅ Conclusion
Bitcoin is currently supported by multiple bullish formations working in confluence:
Triangle breakout
Inverse Head and Shoulders confirmation
Ascending channel trend
With the neckline broken and structure holding, $101,000 stands out as the next major upside objective.
📊 Trade the structure. Respect the levels. Manage risk.
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