TL;DR Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally. Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher. Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets in 2025. Double Inverse Head and Shoulders Formation Crypto analyst Merlijn The Trader has identified what he calls a “supercycle formation” on Bitcoin’s long-term chart. He pointed to two inverse head and shoulders patterns, a setup often linked to major bullish reversals. THE INVERSE HEAD & SHOULDERS OF DREAMS Left shoulder. Head. Right shoulder. Not one but two. It’s the supercycle formation. This is the setup of a generation. Don’t fade it. $BTC to $150K. Locked in. pic.twitter.com/imyHqJKjkC — Merlijn The Trader (@MerlijnTrader) September 4, 2025 The first pattern stretches from 2021 to 2024, with the left shoulder during the 2021–2022 peak and correction, the head at the 2022 low near $15,000, and the right shoulder during the 2023–2024 recovery. A second, smaller inverse head and shoulders has formed in the $70,000–$95,000 range in 2025. Merlijn said: “This is the setup of a generation. Don’t fade it. $BTC to $150K. Locked in.” Notably, the neckline of the smaller pattern is near $95,000. As long as the price holds above it, the projection is for a run toward $150,000. Bitcoin is currently trading around $111,000, with consolidation seen in the $110,000–$115,000 zone. Resistance and Short-Term Pressure Michaël van de Poppe offered a shorter-term view, pointing to resistance at $111,918, which also lines up with the 20-week EMA. Bitcoin has struggled to close above this level. He commented : “Resistance remains resistance, couldn’t break through it, similarly for the 20-Week EMA. If this isn’t breaking through, I would project we’re making a new low and that’s where you need to go max long #Altcoins.” If resistance holds, charts show a possible drop toward $103,000–$101,000, an area marked as a potential re-entry point for buyers. Source: X Cycle Outlook Into 2025 Analyst Ted compared Bitcoin’s market action with the Wall Street Cheat Sheet cycle. He sees September 2025 as a period of sideways or bearish action, followed by a strong Q4 rally . According to his outlook, a blow-off top could arrive in December 2025 or January 2026, echoing past cycle peaks. He said: “September could be bearish or sideways, followed by a massive rally in Q4. The blow-off top will be in Dec 2025 or Jan 2026, just like the past cycles.” Afterward, he expects a sharp correction into early 2026. At the same time, Bitcoin adoption is strengthening. Analyst Lucky noted that businesses are now allocating around 22% of profits into Bitcoin. He also reported that institutions have added $43.5 billion worth of Bitcoin to balance sheets in 2025 alone. He wrote: “With thousands of businesses buying Bitcoin daily, it shows no signs of slowing down.” This trend adds a fundamental layer of support alongside technical projections, with institutional and corporate demand reinforcing long-term growth expectations. The post Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst appeared first on CryptoPotato .
