Bitcoin

<p>Crypto YouTuber Crypto Rover highlighted an emerging head and shoulders pattern on the Bitcoin chart that could propel the price back toward its all-time high if it activates.</p>
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<p>In a recent <a href="https://twitter.com/rovercrc/status/1711803279380992496" target="_blank" rel="noopener noreferrer nofollow">tweet</a>, Rover pointed out the developing head and shoulders formation taking shape on the Bitcoin weekly chart. This bullish reversal pattern has a measured move target around $72,000 if the neckline is broken, presenting sizable upside potential.</p>
<p>Rover remains cautiously optimistic about Bitcoin’s near-term prospects. In a follow-up <a href="https://twitter.com/rovercrc/status/1711813597398192410" target="_blank" rel="noopener noreferrer nofollow">post</a>, he predicted an end-of-year price range between $32,000 and $42,000 for BTC.</p>
<p>However, looking ahead to the next halving-driven bull market in 2024–2025, Rover sees Bitcoin reaching between $150,000 and $180,000 at its peak. This aligns with other analyst forecasts.</p>
<p>While muted in the short term, Rover’s analysis underscores lingering bullish expectations for the 2025 bull run. And if the inverse head and shoulders pattern triggers a breakout, Bitcoin could rapidly appreciate toward its former ~$69K all-time high from here.</p>
<p>As usual, Bitcoin requires a catalyst to transition from consolidation to a new bull market. But the charts suggest potential fireworks if buying pressure overrides current inertia. Rover’s technical perspective highlights lingering upside scenarios once market conditions align.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/analyst-eyes-72k-bitcoin-on-bullish-chart-pattern-predicts-end-of-the-year-btc-price/">Analyst Eyes $72K Bitcoin on Bullish Chart Pattern, Predicts End of the Year BTC Price</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Analyst Eyes $72K Bitcoin on Bullish Chart Pattern, Predicts End of the Year BTC Price

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