币界网报道：Bitcoin has formed a rare inverse head-and-shoulders (H&S) pattern on its weekly chart, a bullish reversal signal that last appeared four years ago before BTC's historic rally to $20,000 in 2017. The pattern's neckline currently sits around $48,000, with analysts noting that a decisive weekly close above this level could trigger a parabolic upward move. Crypto trader Rekt Capital highlighted that Bitcoin has been consolidating near this critical resistance zone for weeks, mirroring its behavior in 2016 before breaking out. The inverse H&S pattern typically indicates exhaustion of downward momentum and potential trend reversal, with its measured move target projecting to approximately $90,000 if the neckline is breached. Market observers point to growing institutional adoption through Bitcoin ETFs and the upcoming halving event as fundamental catalysts that could support such a breakout. However, some caution remains as Bitcoin faces stiff resistance at this psychological level, with the $48,000-$50,000 range having acted as both support and resistance multiple times since 2021. The Relative Strength Index (RSI) on weekly charts shows Bitcoin is approaching overbought territory but hasn't reached extreme levels seen during previous bull market peaks. Analysts suggest that while the technical setup appears promising, confirmation of the breakout with sustained volume will be crucial for validating the pattern's bullish potential.