- Bitcoin breaks out of an inverse head and shoulders, eyeing $140K–$150K into 2026.
- ETF inflows top $2.3B in a week as Fidelity and BlackRock drive institutional demand.
- Economists expect Fed rate cuts, boosting Bitcoin’s outlook alongside gold as a macro hedge.
Bitcoin is breaking out of a bullish inverse head and shoulders pattern, setting the stage for potential new all-time highs. The cryptocurrency trades near $114,950, recording a 2.2% weekly increase while its market capitalization stands at $2.28 trillion. Rising trading volume and consistent support above $114,000 reinforce optimism for further upward movement.
Technical Breakout Confirms Bullish Structure
The Bitcoin chart displays a clear inverse head and shoulders formation, according to analysis prepared by Mister Crypto. The left shoulder appeared in 2021, the head formed in mid-2022 during deeper lows, and the right shoulder developed in 2023. A smaller version emerged between 2024 and 2025, strengthening the overall pattern.
Breaking the neckline confirmed upward continuation, with projections extending beyond $140,000 into 2026. Current trading levels near $115,000 show stability after early-week declines. On September 9, Bitcoin opened near $112,600, dropped briefly on September 10, then recovered strongly into September 11. By September 13, prices touched nearly $116,000 before consolidating near present levels.
Kamran Asghar noted, “BTC history replays. Q4 surge is coming! I see the exact same setup that started the last few Q4 big surges.” His analysis indicates repetitive bullish patterns, such as falling wedges and megaphone patterns that used to drive bullies. Analysts argue that surpassing $120,000 could confirm breakout strength and invite broader liquidity inflows.
Institutional Demand and Macro Drivers
Institutional interest remains strong. Bitcoin ETF inflows reached $642 million in one day, pushing weekly totals above $2.3 billion. Fidelity and BlackRock led contributions, strengthening adoption through traditional markets. Rising ETF demand now positions Bitcoin as a credible hedge alongside gold.
Michael Saylor disclosed that “Strategy” acquired 525 BTC for $60.2 million at an average price of $114,562. This brought total holdings to 638,985 BTC, worth $47.23 billion at acquisition. Such large-scale accumulation demonstrates institutional conviction in Bitcoin’s long-term role as a store of value.
Macro conditions may also add momentum. According to a Reuters survey, 105 of 107 economists expect three Federal Reserve rate cuts before 2025 ends. Lower rates often support risk assets, aligning Bitcoin with gold’s rally. Analysts now point to $150,000 as a potential target by early 2026, supported by ETF inflows and tightening supply.
