- Bitcoin is retesting the neckline of an inverse head and shoulders pattern, a common confirmation phase following a bullish breakout.
- The neckline support zone between $112,000 and $114,000 is holding, maintaining the bullish structure and validating the weekly chart formation.
- If the neckline holds as support, BTC could rally further toward its technical target of $144,000 based on the pattern’s projection.
Bitcoin is currently undergoing a technical retest of the neckline from a confirmed inverse head and shoulders pattern on the weekly chart.
Inverse Head & Shoulders Pattern Confirms 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.
The neckline of this formation was drawn across the highs of the shoulders. A decisive breakout occurred in July, marking a clear shift in structure. The measured move from the head to the neckline suggests a technical upside projection of approximately $144,000.
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. The bulls seem to be trying to protect revenue zone as they are trying to keep the structure intact. This positive formation augers well to the bullish argument as long as price does not retrace under the neckline.
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. If support holds, Bitcoin may consolidate briefly before targeting the projected $144,000 level. This movement would align with the technical roadmap outlined by the weekly structure.
At the time of writing, Bitcoin is trading at $117,397 with a 1.87% increase in the last 24 hours. Trading volume remains elevated, with $58.3 billion exchanged over the same period.
