Bitcoin’s climb past $113,600 confirmed an inverse head-and-shoulders breakout, a bullish setup that points toward fresh gains. Using the measured move technique, analysts see upside potential to nearly $120,000. Technical support comes from rising 50-, 100-, and 200-hour moving averages, while the daily MACD has crossed into bullish territory. Resistance is likely at the 50-day SMA near $114,700, while $110,000 marks the key downside level.
Bitcoin Charts Signal Bullish Head-and-Shoulders Breakout — What Comes After?
