Bitcoin has always been a rollercoaster for investors, with thrilling highs and heart-stopping lows. But the latest market analysis hints at something extraordinary a potential “supercycle ignition” that could send BTC soaring toward $360,000. If you’ve ever been curious about the next big Bitcoin surge, now is the time to pay attention.
Powerful Chart Patterns Signal Big Gains
Analysts have spotted a classic chart formation known as an inverse head-and-shoulders (IH&S) on Bitcoin’s weekly charts. For those new to trading, this pattern forms when there are three dips: a deeper middle dip (the “head”) flanked by two shallower dips (the “shoulders”). Historically, when Bitcoin breaks above the neckline of this pattern, it often triggers a strong upward move.
The charts reveal not one, but two IH&S patterns. The smaller one, forming since November 2024, broke above $112,000 in July, suggesting the upward trend is continuing. The measured target for this pattern is around $170,000, which represents nearly a 50% increase from current levels.
Even more exciting is the larger IH&S pattern that has been forming since March 2021. Bitcoin broke above the neckline at $73,000 in November 2024, following the post-US election rally that saw BTC cross $100,000 for the first time. A retest in April confirmed this breakout, and experts say the pattern is still valid, projecting a stunning target of $360,000 over 200% higher than current prices.
Institutional Demand Is Back
Adding fuel to Bitcoin’s potential rise is the resurgence of institutional investment. Spot Bitcoin exchange-traded funds (ETFs) have seen inflows totaling $1.15 billion over just three days. Wednesday alone recorded $752 million, the highest inflow since mid-July.
This shows that institutions are increasingly confident in Bitcoin, even as retail investors step back. According to market intelligence firm Santiment, “Money is moving back into Bitcoin ETFs at a rapid rate as retailers impatiently drop out of crypto.” This renewed demand could act as a catalyst for the next major rally, supporting the bullish technical patterns already forming on the charts.
What This Could Mean for Bitcoin Investors
Bitcoin’s charts and market flows are pointing to a potential new era of growth. While no prediction is guaranteed, the combination of classic bullish patterns and a resurgence of institutional investment makes a compelling case for a significant upward move.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and carry risks. Always do your own research before making any investment decisions.
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