Bitcoin's chart suggests the formation of two large inverse shoulders, which is a classic bullish signal. Analysts estimate potential price targets ranging from $170K to $360K.
Inverse Shoulders as a Growth Signal
The first pattern was formed between November 2024 and July 2025 and broke the $112K level, turning it into support. The target for this pattern is set at $170K. The second, larger pattern has existed since March 2021 and indicates a potential rise to $360K, nearly tripling from current levels.
Analyst Merlijn The Trader noted: 'The inverse head and shoulders of dreams has now doubled. This isn't a pattern. It's the supercycle ignition.'
Increased Institutional Demand for ETFs
The bullish chart setup is reinforced by renewed institutional interest. Over the past three days, Bitcoin ETFs have recorded inflows totaling $1.15 billion, indicating a return of capital to the crypto market. On Wednesday alone, net inflows reached $752 million, the highest single-day figure since mid-July.
Prospects for Bitcoin's Further Growth
Bitcoin's technical breakout coincides with increasing on-chain activity, ETF inflows, and favorable macroeconomic conditions. With retail momentum cooling and accelerated institutional inflows, the market may be entering a new phase of price discovery.
Bitcoin shows promising signals for growth, which could positively impact its value in the future if the ongoing trend holds.
