Bitcoin Shows Potential for $140K–$160K Range Following Weekly Inverse Head and Shoulders Breakout
The post Bitcoin Shows Potential for $140K–$160K Range Following Weekly Inverse Head and Shoulders Breakout appeared on BitcoinEthereumNews.com. Bitcoin’s recent breakout from a weekly inverse head and shoulders pattern signals a strong bullish momentum, with price targets soaring between $140K and $160K. Technical indicators such as RSI and MVRV Z-Score suggest that Bitcoin still has significant upside potential, supported by steady institutional inflows and on-chain stability. According to COINOTAG analysts, the $114K–$115K range is a critical retest support zone, while resistance levels at $131K, $144K, and $158K are key milestones to monitor. Bitcoin’s confirmed inverse head and shoulders breakout sets bullish targets from $140K to $160K, supported by strong technicals and institutional interest. ‘, ‘
The post Bitcoin Shows Potential for $140K–$160K Range Following Weekly Inverse Head and Shoulders Breakout appeared on BitcoinEthereumNews.com.
Bitcoin’s recent breakout from a weekly inverse head and shoulders pattern signals a strong bullish momentum, with price targets soaring between $140K and $160K. Technical indicators such as RSI and MVRV Z-Score suggest that Bitcoin still has significant upside potential, supported by steady institutional inflows and on-chain stability. According to COINOTAG analysts, the $114K–$115K range is a critical retest support zone, while resistance levels at $131K, $144K, and $158K are key milestones to monitor. Bitcoin’s confirmed inverse head and shoulders breakout sets bullish targets from $140K to $160K, supported by strong technicals and institutional interest. ‘, ‘
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