Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

TL; D

• Bitcoin plans indicate a certain reverse head and shoulder pattern, with a re -testing of the rest near $ 115,000.
• The positive urban morale index turns after a five -day drop, which reduces the pressure on the short term on the bitcoin market.
• The price is between 112 thousand dollars to 124 thousand dollars, while artistic patterns indicate

Double bottom structures in play

Bitcoin printed another double pattern, according to Zyn. Similar settings were followed earlier this year with sharp gatherings.

In April, BTC rose by more than 50 %, moving from about $ 86,000 to more than $ 125,000. The second pattern in June led to a 25 % increase, and the price increased from nearly $ 100,000 to 125,000 dollars.

$ BTC Double bottom is just printed.

April: +50 % pump.
June: +25 % rally.

Even half of this step is now sending Bitcoin above $ 127,000 before the end of Q3.

This is not a striped pattern, it is a launch platform. pic.twitter.com/romgmryhyd

– Zyn (@zynweb3) August 22, 2025

It is worth noting that the latest structure consists of $ 112,000, as BTC fell to this level on Friday before it bounced to more than $ 117,000. To date, the procedure of the prices of asset is reserved by the limits of $ 112,000 to 124,000 dollars, which reflects Monotheism After the last fluctuations.

The head and the reverse shoulder

A scheme shared by Merlijn Trader He appears Bitcoin completes a reverse head. The left shoulder was formed in December 2024, its head in April 2025, near $ 70,000, and the right one in June 2025.

The neckline, which descends up, is now broken, and re -testing near $ 113,000. This area has been marked as a confirmation of the collapse. Depending on the preparation scale, the pattern indicates higher levels if the momentum continues.

The feeling of the future market has become positive

Cryptoquant Darkfost analyst shows that BTC future feelings have returned to a positive area after five days of negative readings. The emotional index, which combines pure flowers, open attention, and long/short sizes, reflects the short term in the derivative market.

In early August, the feelings followed a similar path when the percentage decreased to less than -1 before recovering to a positive area. This shift coincided with the recovery of prices -the current bounce of -0.7 signals that declined the declining pressure in the last sessions.