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Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst


by Olivia Stephanie
for CryptoPotato
Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst

TL;DR

  • Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally.
  • Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher.
  • Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets in 2025.

Double Inverse Head and Shoulders Formation

Crypto analyst Merlijn The Trader has identified what he calls a “supercycle formation” on Bitcoin’s long-term chart. He pointed to two inverse head and shoulders patterns, a setup often linked to major bullish reversals.

Read the article at CryptoPotato

Read More

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Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst


by Olivia Stephanie
for CryptoPotato
Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst

TL;DR

  • Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally.
  • Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher.
  • Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets in 2025.

Double Inverse Head and Shoulders Formation

Crypto analyst Merlijn The Trader has identified what he calls a “supercycle formation” on Bitcoin’s long-term chart. He pointed to two inverse head and shoulders patterns, a setup often linked to major bullish reversals.

Read the article at CryptoPotato

Read More

Top Ripple (XRP) Price Predictions, Bitcoin’s (BTC) Next Targets, and More: Bits Recap Sep 5

Top Ripple (XRP) Price Predictions, Bitcoin’s (BTC) Next Targets, and More: Bits Recap Sep 5

XRP, BTC, and SHIB: check out everything most interesting surrounding these cryptocur...
Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest

Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest

Bitcoin trades near $113K after rebounding from $108K. Analysts see confirmed breakou...