Recently, Bitcoin has been in the process of a technical retest of the neckline of the forming inverse head and shoulders pattern on the weekly chart, confirming hopes for further growth.
Confirmation of Inverse Head and Shoulders Breakout
A recent chart shared by Titan of Crypto shows Bitcoin forming an inverse head and shoulders structure on the weekly time frame. The pattern includes a left shoulder around late 2024, a pronounced head in April 2025, and a right shoulder completed near the end of June 2025.
Healthy Retest Around $112K–$114K Zone
Following the breakout, Bitcoin has retraced to retest the neckline support zone, hovering between $112,000 and $114,000. This behavior is technically expected after such breakouts and is generally viewed as a structural retest. The current weekly candle reflects that price is attempting to hold above this critical neckline area, and bulls seem to be trying to protect revenue zone.
Bullish Continuation Possible if Neckline Holds
The continuation scenario remains valid as long as Bitcoin stays above the neckline area. The structural integrity of the inverse head and shoulders pattern remains intact, and the neckline support appears to be holding well at this point. Titan of Crypto emphasized that the neckline retest is a key phase in confirming the breakout.
Thus, Bitcoin's current behavior indicates potential growth, provided the neckline level remains support. This opens opportunities for further upward movement based on technical projections.
