Bitcoin Retesting Inverse Head and Shoulders Neckline, Possible Rally Toward $150K Target
The post Bitcoin Retesting Inverse Head and Shoulders Neckline, Possible Rally Toward $150K Target appeared on BitcoinEthereumNews.com.
Bitcoin is currently retesting the neckline of its inverse Head and Shoulders breakout between $109K and $112K, a key support zone that could trigger a rally toward the $150K target if sustained. The $96K invalidation level remains untouched, preserving the bullish reversal pattern’s integrity. Breaking above $120K resistance could confirm momentum toward the $140K–$150K technical target. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Bitcoin retests inverse H&S neckline at $109K–$112K, maintaining bullish structure and eyeing $150K rally. Stay updated with COINOTAG’s expert crypto analysis. Bitcoin’s Inverse Head and Shoulders Neckline Retest Signals Bullish Continuation Bitcoin is undergoing a textbook retest of the inverse Head and Shoulders (H&S) neckline, a common technical pattern that often precedes strong upward moves. The price action between $109,300 and $112,000 is critical, as this zone acts as a support level confirming the breakout’s validity. This retest phase is widely recognized by technical analysts as a healthy consolidation before further gains. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); }…
