BTC Weekly Chart Signals Supercycle Ignition
Bitcoin (BTC) could be on the brink of a major price surge as analysts highlight two bullish inverse head-and-shoulders (IH&S) patterns forming on the weekly chart. These technical patterns, often considered strong indicators of long-term upward momentum, suggest a potential rally toward $360,000.
Dual Inverse Head-and-Shoulders Patterns Identified
The smaller of the two IH&S formations began in November 2024 and completed in July 2025 when Bitcoin broke above the neckline at $112,000. The recent bounce from this level signals that the breakout is being validated, with a measured target of $170,000—a 49% increase from current price levels.
The second, larger pattern has been forming since March 2021 and broke its neckline near $73,000 during the post-election rally in late 2024. A successful retest at $74,400 in April 2025 has further confirmed the breakout. If this structure continues to unfold, the projected target stands at an ambitious $360,000, marking a 217% gain from where BTC currently trades.
“The Bitcoin inverse head and shoulders of dreams has now doubled,” said analyst Merlijn The Trader in a recent X post. “This isn’t a pattern. It’s the supercycle ignition.”
Institutional Inflows Strengthen Bullish Outlook
Recent data suggests renewed institutional interest in Bitcoin. Spot Bitcoin ETFs recorded three consecutive days of inflows totaling $1.15 billion, with $752 million added on Wednesday alone—marking the highest daily inflow since mid-July, according to SoSoValue.
These inflows indicate growing confidence among institutional investors, potentially reinforcing Bitcoin’s upward trajectory.
